Growth, Market Sizes and Forecast

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Engineering staffing growth update

March 31, 2010

Segment still down, but losses diminishing
Key markets in rapid recovery
Signs of improvement in process & industrial, energy

Canadian employment services revenue & branch trends

March 31, 2010

Statistics Canada report covers 2008
Employment services industry revenue grows 1%
Follows years of double-digit growth
Largest firms represent 37.3% of industry operating revenue

Finance/Accounting staffing growth update

March 31, 2010

Generally, the recovery is a bit tepid
One of the few hot spots, mortgage services, is compressing margins
December forecast projected 8% revenue growth in 2010, risk of downgrade in April update

Healthcare staffing growth update

March 30, 2010

Slight downgrade to healthcare warranted in April's forecast update
Weak demand in anesthesia driving greater than expected locum declines
Shaky recovery in per diem nursing
Higher-skilled allied modalities recovering, signs of a bottom in travel nursing

Commercial staffing growth update

March 26, 2010

Industrial is the star of 2010, but what about 2020?
Margins under pressure, SUTA inherently a tax with bad timing
2010 revenue growth projection of 11%, forecast update will be released in April

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