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Canadian staffing index growth flat in August

September 24, 2013

The Canadian staffing index, a measure of staffing activity in Canada, was flat in August at a reading of 113, unchanged from August 2012. On a sequential basis, the index value edged down 2 percent in August from the July index value of 115.

“The August value of 113 is unchanged from a year ago, which implies flat or slightly positive growth in demand given that there was one fewer working day this August compared to a year ago,” said Timothy Landhuis, research analyst at Staffing Industry Analysts. “For most of 2013, the index has shown a trend of very minimal year-over-year growth in overall demand.”

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.