Exciting new findings have emerged from our monthly Pulse Survey, revealing the latest trends and insights in the US temporary staffing industry. Based on responses from over 100 companies, we have key findings to share with you.
Data from the survey shows that US temporary staffing revenue has experienced a median 5% year-over-year decrease in December, marking a slight improvement from a 10% decrease in October. For larger companies, the decrease was more significant at 10%.
When broken down by size, small companies reported flat revenue, while medium companies saw a 5% decrease and large companies experienced a 10% decrease. However, there were some positive growth trends in certain staffing segments, including allied healthcare (+11%), locum tenens (+8%), finance/accounting (+6%), and engineering (+2%). Six segments reported flat growth, while only two segments, travel nursing and office/clerical, experienced a decline.
In addition to revenue trends, we also asked participants about the potential benefits of AI and their plans for using generative AI in 2024. Many companies (27%) saw candidate sourcing and matching as a potential benefit of AI, while 18% mentioned using generative AI for writing communications. The full report includes detailed responses from each participating company.
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