The latest SIA | Bullhorn Staffing Indicator released today for the week ended May 8 continued to rise modestly for professional and commercial occupations as a majority of US adults have now received at least one vaccine shot and government restrictions continue to lift.

Hours worked by temporary workers in the US — both commercial and professional — rose 31% in the week ended May 8 when compared to the same week a year ago, according to the Indicator.

Hours worked in commercial staffing (industrial and office/clerical) rose 24% year over year in the week ended May 8. In professional staffing (IT, healthcare, finance, etc.), hours worked increased 39% year over year.

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 103 in the week ended May 8, following readings of 101 and 100 in the prior two weeks respectively.

Index values for the week ended May 1, by type of staffing:

• Professional staffing: 125, following readings of 124 and 122 in the prior two weeks.
• Commercial staffing: 91, up from readings of 90 and 89 in the prior two weeks.

The indicator is based on an analysis of aggregated timesheet data regarding temporary workers supplied by staffing firms that work across a wide variety of occupations and industries in the US. Currently, the data reflects approximately 50,000 temporary workers from roughly 300 staffing firms that use Bullhorn’s technology solutions. It is also weighted and benchmarked against US Bureau of Labor Statistics data to approximate the composition of the staffing industry by skill.

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

Anyone can download the full report on the SIA | Bullhorn Staffing Indicator. See here for more information.