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Temp revenue growth rate slows in August — Pulse Report

September 29, 2014

US temporary staffing revenue rose a median 10 percent year over year in August among staffing firms taking part in Staffing Industry Analysts’ monthly Pulse Survey. The growth marks a deceleration from the 13 percent year-over-year growth in July and a return to the rate of growth seen in the first five months of the year.

“The five largest temporary staffing segments all decelerated slightly in terms of median year-over-year revenue growth,” said Research Associate Ziv Tepman. “However, the 10 percent median growth rate for temporary staffing revenue indicates continued strength in the market, and the high net proportion of firms reporting increases in new orders is a relatively bullish signal.”

Median year-over-year revenue growth accelerated sharply in the allied healthcare staffing segment to 18 percent in August from 10 percent in July, according to the report. However, year-over-year median revenue growth decelerated in August from July in the following staffing segments:

  • Office/clerical: to 5 percent from 7 percent
  • Industrial: to 9 percent from 10 percent
  • IT: to 5 percent from 9 percent
  • Finance/accounting: to 5 percent from 7 percent
  • Engineering/design: to 2 percent from 5 percent

This month’s Pulse Survey Report includes features such information 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. September’s survey included data submitted by individuals from 104 staffing companies.

The full Pulse Survey Report is available to firms that take part in the survey. For more information, contact Research Associate Ziv Tepman at ztepman@staffingindustry.com.