This week’s edition of the SIA | Bullhorn Staffing Indicator for the week ending October 28th revealed a year-over-year decline of -8% in temporary staffing hours worked in the US. Commercial and Professional hours were down -10% and -5%, respectively, year-over-year, while all three sectors saw week-on-week sequential growth on a 0.5%, 0.4%, and 1.0% basis, respectively. US Staffing, Professional Staffing, and Commercial Staffing had indexed values of 98, 137, and 82, respectively.
Since Labor Day, demand for Professional Staffing services has grown at a faster rate than Commercial Staffing, with average week-on-week growth of 2.2% for Professional hours compared to 1.1% for Commercial Hours (1.3% for US Staffing overall).
In comparison to the same week in October 2021, Commercial staffing was down -16%, while Professional staffing was stable at -2%.
The BLS Employment Situation report for November estimates the US temporary staffing industry fell by -6.1% in October. The SIA | Bullhorn Staffing Indicator reflects the month’s modest increase and