Growth, Market Sizes and Forecast

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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 volatility...no stock in the index rises or falls by more than 25% in November

Locum tenens growth update

November 25, 2009

Temporary softening of physician supply shortage
Heavy contraction in anesthesiology
Downgrade expected in forecast update to be released in December

Clinical/Scientific staffing growth update

November 23, 2009

Seasonality likely to drive revenue declines from 3Q09 to 4Q09
Consolidation/restructuring in pharma will delay recovery in 2010
Update to 2009 and 2010 forecast to be released in December

Legal staffing growth update

November 19, 2009

Continued declines in legal services employment, but encouraging signs in temp piece
Some firms noting larger share of short-term assignments 
Update to 2009 and 2010 forecast to be released in December

2009 Contingent Buyer Survey: Use of offshore outsourcing

November 17, 2009

38% of buyers use offshoring
Larger companies use it more
Using it most: buyers in finance/ins

Commercial staffing growth update

November 17, 2009

Improvement most notable on industrial side
Key markets rapidly recovering
TrueBlue, Manpower guidance encouraging