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The Canadian staffing index increased to 113 in August, a 23 percent increase from the same month a year ago, the Association of Canadian Search, Employment and Staffing Services reported. The index is also up 3 percent over its July reading of 110.
“August is the 11th consecutive month with the index above 100,” said Timothy Landhuis, research analyst at Staffing Industry Analysts. “This shows that the industry has maintained activity above pre-recession levels in terms of the volume of demand for temporary staffing, as the index value of 100 corresponds to the size of the industry in July of 2008.”
ACSESS and Staffing Industry Analysts produce the index, which measures the hours of labor performed by temporary and contract staff compared to the benchmark index of 100 established in July 2008. It is based upon reported billed hours for temporary staffing from a survey of leading staffing firms.