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Temp revenue growth maintains strong pace, Pulse Survey says

May 06, 2014

Temporary staffing median year-over-year revenue growth remained strong at 10 percent in March, the same rate reported in January and February, according to the latest Pulse Survey Report by Staffing Industry Analysts. However, the percentage of firms reporting positive year-over-year growth fell to 76 percent from 81 percent.

Median year-over-year revenue growth remained unchanged at 10 percent in the office/clerical and industrial segments and increased slightly to 11 percent in the IT staffing segment. Median year-over-year growth also edged up to 10 percent in the allied healthcare segment, 6 percent in the finance/accounting segment and 5 percent in the engineering/design segment.

“While median temporary staffing revenue growth remained unchanged at a solid 10 percent year over year in April, the net proportion of firms reporting an increase in new orders surged from 49 percent to 60 percent,” said Research Associate Ziv Tepman. “This is the highest value we have recorded since April 2012.”

Direct hire median year-over-year growth rose to 15 percent in March from 4 percent, while direct hire estimated year-over-year aggregate revenue growth accelerated sharply to 20 percent from 6 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. April’s survey included data submitted by individuals from 153 staffing companies.

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