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Canadian staffing index up in October but trending down over year

November 20, 2015

The Canadian staffing index, a measure of staffing activity in Canada, rose in October but continued its trend of moderate year-over-year declines. The index rose to a reading of 110 in October, up 4% from a reading of 107 in September but down 10% from a reading of 123 in October 2014.

“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 October, although we note that October of this year had one fewer working day than last year’s.”

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

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.