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July’s temp revenue growth rate second-highest since 2012 — Pulse Report

August 28, 2014

U.S. temporary staffing revenue rose a median 13 percent year over year in July among staffing firms taking part in Staffing Industry Analysts’ monthly Pulse Survey. The growth represented a deceleration from the 15 percent year-over-year growth in July but was above the 10 percent growth rate in the first five months of the year.

“Though not as high as June’s figure, July’s 13 percent median year-over-year temporary staffing revenue growth was the second-highest median growth rate we’ve observed since December 2012,” said Research Associate Ziv Tepman. “In addition, the net proportion of firms reporting an increase in new orders was the highest it has been in over two years, a potentially bullish signal.”

Median revenue growth accelerated in the finance/accounting sector to 7 percent in July from 5 percent in June, according to the report. However, office/clerical revenue growth decelerated to 7 percent in July from 12 percent in June; and industrial staffing revenue growth slowed to 10 percent in July from 13 percent in June.

Year-over-year median growth rates were unchanged in information technology at 9 percent, allied healthcare at 10 percent and engineering/design at 5 percent.

This month’s Pulse Survey Report includes features such as:

  • Data on bill rate trends
  • Data split by U.S. regions
  • New easy-to-read tables with a snapshot of year-over-year and month-over-month revenue growth for the most recent month

Pulse Survey results are based on a monthly survey of U.S. staffing firms. August’s survey included data submitted by individuals from 110 staffing companies.

The full Pulse Survey Report is available to firms that take part in the survey.