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View All NewsTemp revenue growth rate slows in September — Pulse Report
US temporary staffing revenue rose a median 9 percent year over year in September among staffing firms taking part in Staffing Industry Analysts’ monthly Pulse Survey. The growth rate is the slowest of the year but still roughly in line with the 10 percent year-over-year growth in August.
“Although median temporary staffing year-over-year revenue growth dipped below 10 percent for the first time this year, the net proportion of firms reporting an increasing trend in new orders remained steady,” said Research Associate Ziv Tepman. “This net proportion dropped among industrial staffing firms but was balanced out by increases in some other segments.”
According to the report, median revenue growth accelerated slightly in the office/clerical segment to 7 percent in September from 5 percent in August; in the industrial segment to 10 percent in September from 9 percent in August; and in the IT staffing segment to 6 percent in September from 5 percent in August.
However, allied healthcare staffing median revenue growth decelerated sharply to 8 percent in September from 18 percent in August, and finance/accounting staffing revenue growth slowed to 1 percent in September from 5 percent in August.
Median revenue growth remained unchanged in engineering/design staffing at 2 percent in September.
This month’s Pulse Survey Report includes features such information as:
- Data on bill rate trends
- Data split by U.S. regions
- 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. October’s survey included data submitted by individuals from 141 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.