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Canadian staffing index extends downward trend in August

September 23, 2015

The Canadian staffing index, a measure of staffing activity in Canada, fell to a reading of 102 in August; down 6% from an index value of 108 in July. The index fell 9% year over year from a reading of 112 in August 2014.

The index value of 100 corresponds to the size of the industry in July 2008, when the index began.

“Throughout 2015 we have observed a trend of moderate year-over-year declines in the Canadian Staffing Index,” said David Francis, research associate at Staffing Industry Analysts. “This trend continued in the month of August, while the number of working days remained constant year-over-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.