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Employment services price index rises

June 13, 2014

The U.S. producer price index for employment services rose 1.9 percent in May compared to the same month a year ago — the same year-over-year growth rate as April — to a level of 130.8, according to data released today by the U.S. Bureau of Labor Statistics.

Producer price indexes track the change in price received by service producers over time. The change in price is measured from the perspective of the seller, in this case staffing firms.

The employment services industry includes employment placement agencies, temporary help services, executive search services and professional employer organizations.

Employment services is just one industry tracked by the producer price indexes.

Click on chart below to enlarge.