This week, the SIA | Bullhorn Staffing Indicator reported that temporary staffing hours worked had reached their highest level since late March this year. Year-over-year changes for the week ending September 30th saw temporary staffing hours completed in professional occupations (IT, healthcare, finance, engineering, etc.) and commercial occupations (industrial and office/clerical) down -7% and -10% respectively. Looking at week-over-week sequential basis, temporary staffing hours worked were up 1.8%, with commercial and professional temporary staffing hours up 1.4% and 3.1% respectively.
The readings for the last four weeks are subject to revision and the Indicator can be used to benchmark past and current performance, as well as to forecast near-term industry trends and outlook. The SIA | Bullhorn Staffing Indicator is a joint custom research effort between Bullhorn and industry advisor Staffing Industry Analysts and is a useful tool for business leaders and investors seeking real-time insight into the US labor market and economy.
