The US staffing industry is bouncing back to pre-Labor Day levels, according to the SIA | Bullhorn Staffing Indicator. Released weekly, the indicator comprises two sets of analyses; a Year-over-Year comparison showing how the week that ended ten days ago (“last week measured”) compared to the same week 12 months previously and an indexed value that has been benchmarked against data from the week ending January 13th, 2019.
Temporary staffing hours worked for the week ending Sep 23rd (“last week measured”) were down -10% compared to the corresponding week a year ago, according to the Indicator. Temporary staffing hours completed in commercial occupations (industrial and office/clerical) were down -11% year-over-year, while temporary staffing hours worked in professional occupations (IT, healthcare, finance, engineering, etc.) were down -8% year-over-year. On a week-over-week sequential basis, temporary staffing hours worked were up 4.2. Commercial temporary staffing hours were up 4.2% while professional temporary staffing hours were up 4.5%.
The Professional Staffing indexed value was 128 for the week ending Sep 23rd, following readings of