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View All NewsStaffing hours down 6% over year; professional staffing declines for first time in two years
Hours worked in the US staffing industry fell for the second consecutive week — down 6% year over year in the week ended Oct. 8 — according to the latest SIA | Bullhorn Staffing Indicator, released today. Hours were down 3.5% week over week, partly due to federal holiday weekend.
Week ending Oct 8, 2022 | Indexed value | Year over year | Week over week |
US staffing | 102 | -6% | -3.5% |
Commercial staffing | 88 | -8% | -2.6% |
Professional staffing | 134 | -2% | -5.8% |
Professional staffing hours were down 2% year over year, declining for the first time since October 2020. Hours worked in commercial occupations were down 8%, continuing a downward trajectory that started in mid-June.
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 index value was 102 in the week ended Oct. 8, following readings of 106 in each of the prior two weeks as revised.
The full report on the SIA | Bullhorn Staffing Indicator, which provides additional information, is available online.