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Temp staffing revenue growth rate slows in August, Pulse finds

September 28, 2015

US temporary staffing revenue rose a median 11% year over year in August among staffing firms taking part in Staffing Industry Analysts’ monthly Pulse Survey. The 11% growth in August is a deceleration from the 14% growth rate reported in July.

“Most segments decelerated in August in terms of median year-over-year revenue growth,” said Research Analyst Ziv Tepman. “Still, the brightest spot continues to be healthcare staffing, where all four segments outpaced temporary staffing as a whole by a wide margin in terms of year-over-year growth.”

According to the report, median year-over-year revenue growth accelerated in August from July in the allied healthcare staffing segment to 38% from 17% and in the office/clerical segment to 8% from 4%.

Median year-over-year revenue growth decelerated in the following staffing segments in August from July:

  • Industrial: to 6% from 11%
  • IT: to 10% from 11%
  • Travel nursing: to 33% from 48%
  • Per diem nursing: to 21% from 33%
  • Locum tenens: to 21% from 38%
  • Finance/accounting: to 5% from 15%
  • Engineering/design: to -2% from 3%

Pulse Survey results are based on a monthly survey of US staffing firms. Data from the month of August was submitted by individuals from 118 staffing companies.

The full Pulse Survey Report is available to firms that take part in the survey. Features include data on bill rate trends, data split by US regions, and tables with a snapshot of year-over-year and month-over-month revenue growth for the most recent month.

To participate in the October Pulse Survey, click here.