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Census says staffing revenue down 0.7%

March 11, 2009

Fourth-quarter revenue in the U.S. employment services industry fell 0.7% year-over-year to $46.95 billion, the U.S. Census Bureau reported today. However, fourth-quarter employment services revenue rose 0.1% compared with the third quarter of 2008.

For full-year 2008, employment services revenue rose 4.4% to $186.50 billion from $178.67 billion in 2007.

The employment services industry category includes employment placement agencies, temporary help services and employee leasing services.

The Census Bureau's estimates differ from Staffing Industry Analysts, which projected total staffing revenue fell 4.8% in 2008 to $126.10 billion.