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Aggregate revenue rose 1% year-over-year in Staffing Industry Analysts' first-quarter Staffing Industry Benchmarking Consortium report. This level of growth is roughly comparable to that which occurred over the preceding five quarters, representing neither a significant acceleration nor deceleration. Aggregate EBITDA fell 13.2% for the consortium, reflecting a decline at some of the larger consortium participants. Smaller and midsize firms performed better.
This quarter the consortium reported a record level of participation, with aggregate consortium revenue representing 22% of total industry temporary help revenue.
The consortium is a group of staffing companies that provide Staffing Industry Analysts with their financial and operating data on a confidential basis and, in turn, receive access to aggregated benchmarking data. More information about the consortium can be found here.