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View All NewsCanadian Staffing Index rebounds in March
The Canadian staffing index, a measure of staffing activity in Canada, rose 15% sequentially to a reading of 106 in March from the February index value of 92. However, the index still edged down year over year from 107 in March 2014.
The index value of 100 corresponds to the size of the industry in July 2008, when the index began.
“The Canadian staffing index rebounded in March after four months of sequential declines in staffing volume,” said David Francis, research associate at Staffing Industry Analysts. “Year-over-year, the number of billed hours was essentially flat, although we note that March of this year had one more working day than March of last year.”
The Association of Canadian Search, Employment and Staffing Services and Staffing Industry Analysts produce the index. It is based upon reported billed hours for temporary staffing from a survey of leading staffing firms.