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Title: US Staffing Hours Up Following Holiday Season But Still Below Last Year’s
Week ending January 13, 2024
Introduction:
New data confirms a slight increase in US staffing hours for the week ending January 13, 2024, following the holiday season. However, the numbers still fall short compared to the same week in 2023.
Year-over-year changes for the week ending January 13th:
According to the SIA | Bullhorn Staffing Indicator, temporary staffing hours worked for the week ending January 13th were down 12% compared to the same week a year ago. This includes a 13% decrease in commercial staffing hours and an 8% decrease in professional staffing hours.
Week-over-week changes:
On a week-over-week basis, temporary staffing hours worked saw a 14.5% increase, mainly due to businesses catching up after the holiday season. Commercial staffing hours saw a 15% jump, while professional staffing hours saw a 12.9% increase.
Commentary for the week ending January 13th:
The Professional Staffing indexed value for the week ending January 13th was 117, a slight increase from previous weeks, while the Commercial Staffing indexed value was 70