Daily News
View All NewsResearch from Staffing Industry Analysts
June 08, 2010
The Daily News is just a small part of what Staffing Industry Analysts produces. New research now available for corporate members includes an update on U.S. economic indicators; an Insight on what degree staffing firms subcontract out work to other staffing firms; an Insight on M&A multiples paid for staffing firms; and an Insight on trends in gross margins, bill and pay rates.
INSIGHT - June update: U.S. economic indicators & 2010 projections
*Projections reflect rosier economic outlook than those made in prior months
*Despite upgrades to projections, GDP growth expected to soften later in the year
*Trend in initial unemployment claims continues to be sticky
INSIGHT - 2010 Staffing Company Survey: To what degree do staffing firms subcontract work to other staffing firms?
*Subcontracting a $6 billion business
*A big deal in IT, engineering skills
*Also among firms selling to government, tech/telecom
INSIGHT - 2010 Staffing Company Survey: Reported M&A multiples paid for staffing firm acquisitions
*2009 median price/revenue: 0.2x
*2009 median price/EBITDA: 2.0x
*Distress sales likely depressed 2009 prices
*Projections reflect rosier economic outlook than those made in prior months
*Despite upgrades to projections, GDP growth expected to soften later in the year
*Trend in initial unemployment claims continues to be sticky
INSIGHT - 2010 Staffing Company Survey: To what degree do staffing firms subcontract work to other staffing firms?
*Subcontracting a $6 billion business
*A big deal in IT, engineering skills
*Also among firms selling to government, tech/telecom
INSIGHT - 2010 Staffing Company Survey: Reported M&A multiples paid for staffing firm acquisitions
*2009 median price/revenue: 0.2x
*2009 median price/EBITDA: 2.0x
*Distress sales likely depressed 2009 prices
INSIGHT - Trends in gross margins, bill and pay rates
*Average gross margin slips for public staffing firms in 1Q
*SUTA cited as the main reason for the decline
*BLS' bill rate index for office/clerical and industrial occupations moving up