Growth, Market Sizes and Forecast

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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

Engineering/design staffing growth update

December 14, 2009

Engineering/design seeing sequential improvement
Forecast to grow 4% in 2010
Shortage: Aerospace engineers, engineering managers

Staffing industry forecast: December update

December 8, 2009

Temporary help sector downgraded from 8% to 7% growth for 2010
Revision driven by downgrades in healthcare and clinical/scientific 
Overall staffing industry projections unchanged: 26% contraction in 2009, 5% growth in 2010

Economic indicators update

December 8, 2009

ECRI index very bullish
Manufacturing expansionary, but non-manufacturing stalls
Unemployment claims down again

Nurse staffing growth update

December 2, 2009

Pulse survey shows month-to-month improvement since September
Risk of wage pressure amid scramble to find nurses
Update to industry forecast to be released this month

Third quarter 2009 financial results

December 1, 2009

Average y/y decline moderates at five largest firms
Several firms also report sequential improvement in revenue
But uptick muted compared to previous recoveries

Staffing Industry Stock Index analysis

December 1, 2009

SISI up 1.4% for the month, 13 gainers, 7 decliners
SISI underperforms S&P for second month in a row
Less stock in the index rises or falls by more than 25% in November