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Pulse: Staffing Revenue Posts Widespread Improvement

March 29 2012

U.S. staffing firms experienced the highest degree of month-to-month improvement in a year in February, according to respondents in Staffing Industry Analysts’ just-released Pulse report. Most industry segments and sectors reported “very widespread improvement” in February compared with January. The only exceptions were clinical/scientific staffing firms and allied/other healthcare staffing firms. Sequential month-to-month improvement is a qualitative measure of overall business conditions.

After decelerating through 2011, temp staffing revenue growth rebounded in February, with all firms reporting 16 percent aggregate year-over-year growth. Direct hire continues to outpace temp staffing, growing at 22 percent. The segment that showed the most growth was information technology at 30 percent, followed by travel nursing at 21 percent.

In addition, staffing firms reported the highest acquisition intent in more than a year. IT and industrial firms were especially bullish, reporting the highest rate of acquisition intent of all segments.

The full Pulse report is available to firms that take part in the survey. For more information, contact Dan Begley-Groth at dbegleygroth@staffingindustry.com.

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