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US temp staffing growth strong, but some segments decelerate

June 03, 2014

Median year-over-year revenue growth was 10 percent in April among U.S. staffing firms taking part in the latest Pulse Survey by Staffing Industry Analysts. While median growth was unchanged from the previous three monthly surveys, growth decelerated in several large temp staffing segments.

“We saw a deceleration in median year-over-year revenue growth in several major skill segments including office/clerical and IT staffing,” said Research Associate Ziv Tepman. “In contrast, industrial staffing revenue growth accelerated on a median basis, and median growth in total temporary staffing revenue remained constant at 10 percent.”

In IT temporary staffing, median year-over-year revenue growth was 9 percent in April, down from 11 percent in March. Office/clerical revenue growth slowed to 8 percent in April from 10 percent in March.

In contrast, industrial staffing revenue posted median year-over-year growth of 15 percent in April, up from 10 percent in March. The only other segment showing an increase in median year-over-year revenue growth in April was locum tenens, where median growth was 15 percent in April compared to 9 percent in March.

Pulse Survey results are based on a monthly survey of U.S. staffing firms. May’s survey included data submitted by 114 staffing companies.

The full Pulse Survey Report is available to firms that take part in the survey. To take the June Pulse Survey, click here.