Growth, Market Sizes and Forecast

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Fourth quarter financial results

March 11, 2010

All 27 firms reported year-over-year revenue declines
Revenue fell median 15.3 %
But declines more moderate than in previous quarters at some larger firms

March Update: U.S. Economic Indicators & 2010 Projections

March 8, 2010

Generally, economic indicators suggest recovery
ECRI suggests declerating growth ahead, not surprising given high 4Q09 growth
Downward march in initial unemployment claims meets resistance

U.S. Census Bureau staffing industry statistics

February 26, 2010

Data collected in 2007 now being released
Statistics on branches, receipts, payroll, employees
Detailed stats for temp, direct hire, exec search, PEO

February Update: U.S. Economic Indicators & 2010 Projections

February 16, 2010

Generally, economic indicators suggest robust recovery
Employment recovery lagging that of overall economy
ECRI suggests decelerating growth ahead, but no signs of double-dip

Estimate of domestic VMS and MSP markets

February 3, 2010

SIA estimates 2008 domestic spend of $43B and $34B for VMS and MSP, respectively
Accounting for duplication, we estimate total VMS/MSP spend of $45 billion
Nearly half of VMS/MSP spend is non-temp related

Temporary Staffing Long-Term Forecast, 2008-2018

February 2, 2010

  • U.S. Bureau of Labor Statistics releases 2018 employment projections
  • SIA base-case scenario projects 3.1 million temporary employees in 2018, $164 billion of revenue
  • U.S. temporary staffing revenue expected to more than double from 2009 to 2018, driven by volume growth, inflation, and mix shift... More

Economic indicators update

January 8, 2010

Generally, economic indicators suggest recovery
Employment recovery lagging that of overall economy
Four week moving average of initial unemployment claims continues march downard

Industrial segment improving, but some areas still slow

January 6, 2010

Pulse survey shows 'widespread improvement' month-over-month
Firms report that not all areas are seeing uptick
Low inventories may have spurred some activity

January 2010 U.S. Staffing Industry Stock Index Snapshot

January 4, 2010

SISI up 11% for the month, 19 gainers, 1 decliner
Favorable employment report lifts index
SISI gained 43% in 2009

Allied health staffing growth update

December 15, 2009

We project revenue contraction of 25% in 2009 followed by growth of 2% in 2010 for allied health
Overall, business is improving sequentially, but results vary given array of modalities
Sluggish recovery in unemployment rate will contain growth in 2010