Daily News

View All News

Canadian staffing index indicates continued growth

March 19, 2018

The Canadian staffing index, which measures staffing activity in Canada, rose 2% in February on a year-over-year basis to a reading of 95.

“The index is up year over year on a same-day basis, indicating continued growth in the overall industry,” said Maxim Kupfer, research analyst at Staffing Industry Analysts. “We note that historically, February index values are lower than other months due to it being the shortest month of the year and also the presence of a holiday in most provinces.”

On a month-over-month basis, the index fell 10% in February.

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