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US – BLS, IQNavigator Report Bill Rates Stable

April 18, 2012

Temporary labor bill rates have remained roughly stable over the last nine months, according to information from the U.S. Bureau of Labor Statistics and the first-quarter IQNdex report analyzing trends in temporary employee bill rates. The IQNdex was released by IQNavigator, a vendor managements system provider.

Bill rates had seen upward pressure in the first half of 2011, according to the IQNdex report. The IQNdex encompasses four job sectors: light industrial, office/clerical, professional/managerial and technical/information technology.

The BLS reported its producer price index for the employment services industry as a whole declined 0.5 percent on a year-over-year basis — roughly stable. BLS data was also roughly stable since the first part of last year.