The latest SIA | Bullhorn Staffing Indicator released today for the week ended June 12 showed commercial staffing hours decreased moderately while professional staffing hours worked have held roughly steady.

SIA remains cautiously optimistic the US staffing industry is poised for growth in the coming weeks as the current severe shortage of candidates begins to ease. “Factors such as falling numbers of virus cases, state reopenings, and 25 states reducing unemployment benefits all serve as catalysts for greater numbers of candidates to reenter the workforce,” the report says.

Professional staffing hours rose 35% year over year while hours worked in commercial staffing were up 10% year over year. However, commercial staffing hours were down 5.4% week over week.

Indexed value

The SIA | Bullhorn Staffing Indicator measures hours worked. It comprises two sets of analyses: a year-over-year comparison showing how the most recent week compared to the same week 12 months previously and an indexed value that has been benchmarked against data from the week ended Jan. 19, 2019.

The indexed value was 93 in the week ended June 12, following readings of 96 and 101 in the prior two weeks.

Index values for the week ended June 12, by type of staffing:

• Professional staffing: 119, following readings of 117 and 123 in the prior two weeks.
• Commercial staffing: 81, following readings of 85 and 89 in the prior two weeks.

Readings for the most-recent four weeks are subject to revision.

The full report on the SIA | Bullhorn Staffing Indicator can be downloaded. See here for more information.