Every week, the SIA | Bullhorn Staffing Indicator reports temporary staffing hours worked for the previous week ending ten days prior to release. For the week ending August 26th, temporary staffing hours decreased year-over-year by -10%. Commercial staffing hours were down -11% while Professional staffing hours were down -9%. On a week-over-week sequential basis, temporary staffing hours worked increased 0.9%. Year-to-date, hours worked in Commercial occupations have decreased by an average year-over-year growth rate of -11%. Over the year 2022, the average year-over-year growth rate for Commercial staffing hours was -1%. For Professional occupations, hours have decreased by an average year-over-year growth rate of -7% year-to-date, with an average year-over-year growth rate of 12% over 2022. These decreases are roughly in line with the decline in temporary help employment as reported by the Bureau of Labor Statistics.

The SIA | Bullhorn Staffing Indicator is a unique tool for gauging near real time insight on weekly trends in the volume of temporary staffing delivered by US staffing firms. Weighing and benchmarking against US Bureau of Labor Statistics data helps to approximate