Every week, the SIA | Bullhorn Staffing Indicator provides a unique insight into the US staffing industry. This week’s data reveals that temporary staffing hours worked for the week ending December 9th decreased by -10% compared to the corresponding week a year ago. Commercial occupations saw a decrease of -11%, while professional occupations were down -6%.
On a week-over-week basis, temporary staffing hours worked increased by 8.6%, with commercial and professional temporary staffing hours up 9.4% and 6.1%, respectively.
The trend is roughly in line with what the Bureau of Labor Statistics’ monthly Employment Situation report indicates for the temporary help services industry, with employment down -5.7% in November 2023 year-over-year.
Competitive pressures remain high, but staffing firms that have an advantage in technology or service offerings can take advantage of the ongoing opportunities. To learn more about the market dynamics for each skill segment of the staffing industry, the SIA’s US Staffing Industry Forecast report is a good resource.
The SIA | Bullhorn Staffing Indicator is produced jointly by Bullhorn and Staffing Industry Analysts. It provides a window into the US staffing industry, benchmarked
