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Canadian staffing index falls 4% year over year

July 18, 2018

The Canadian staffing index, which measures staffing activity in Canada, fell 4% in June on a year-over-year basis to a reading of 107.

“In June, the volume of billed hours appears roughly unchanged from last year after accounting for one fewer working day this year,” said Maxim Kupfer, research analyst at Staffing Industry Analysts. “The last three months of index readings suggest that growth has leveled off on a year-over-year basis.”

On a month-over-month basis, the index fell 2% in June.

The Canadian Staffing Index measures the hours of labor performed by a sampling of temporary and contract workers in the staffing industry. Staffing Industry Analysts produces the index on behalf of the Association of Canadian Search, Employment and Staffing Services.