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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.