This week’s release of the SIA | Bullhorn Staffing Indicator shows temporary staffing hours worked for the week ending July 8th were down -12% compared to the corresponding week a year ago. On a week-over-week sequential basis, temporary staffing hours were down -9.1%, impacted by the business closures during the Independence Day Holiday. The Indicator reflects weekly hours worked by temporary workers across a sample of staffing companies in the US that utilize Bullhorn’s technology solutions, with readings weighted and benchmarked against US Bureau of Labor Statistics data to approximate the composition of the staffing industry by skill.
Professional Staffing indexed value for the week ending July 8th was 116, following readings of 128 and 127 in the prior two weeks. Commercial Staffing indexed value was 72 for the same week, following values of 79 and 80 in the prior two weeks. Meanwhile, the US Staffing indexed value, weighted to reflect the US staffing industry mix of professional and commercial jobs, was 85, following readings of 94 and 94 in the prior two weeks.
Over the past five weeks, hours worked in Commercial occupations fell by an average year-over-year growth rate of -8%. Year-to-date, hours worked in Commercial
