This week’s Staffing Industry Analysts | Bullhorn Staffing Indicator shows that temporary staffing hours worked in the US staffing industry in the week ending August 19th decreased by -10% year-over-year. Within that overall decline, commercial staffing hours were down -10% while professional staffing hours decreased by -10%. On a week-over-week basis, however, temporary staffing hours were stable (0.3%), with commercial hours up 1.0% and professional hours down -1.8%.
The Indicator is an important tool for gauging near real-time weekly trends in the volume of temporary staffing. It reflects weekly hours worked by temporary workers across a sample of US-based staffing companies that use Bullhorn’s technology solutions. It is weighted and benchmarked against US Bureau of Labor Statistics data to approximate the composition of the staffing industry by skill.
We note that the readings for the last four weeks are subject to revision and should be viewed as preliminary. Revised readings provide a more accurate view of trends in the US staffing industry. For further technical information on how the indicator is created, please refer to the methodology.