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Pulse: Temp revenue growth continues at robust pace

April 07, 2014

Temporary staffing median year-over-year revenue growth remained strong at 10 percent in February, according to the latest Pulse Survey Report by Staffing Industry Analysts. The percentage of firms reporting positive year-over-year growth rose to 81 percent from 72 percent.

“February was a particularly strong month with regard to the net proportion of staffing firms reporting an increasing trend in new orders,” said Research Associate Ziv Tepman. “This figure was especially high among firms that serve the healthcare industry.”

The office/clerical, industrial and information technology skill segments also reported 10 percent year-over-year (median) growth. The finance/accounting segment reported the largest deceleration in median revenue growth, to 4 percent in February from 7 percent in January.

Allied health median year-over-year growth rebounded to 5 percent from 0 percent, according to the report.

Direct hire median year-over-year growth fell to 4 percent from 10 percent, while estimated year-over-year aggregate revenue growth decelerated to 6 percent from 16 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 US staffing firms. March’s survey included data submitted by individuals from 149 staffing companies.

The full Pulse Survey Report is available to firms that take part in the survey. To take the April Pulse Survey, click here.