Staffing - Commercial

Staffing industry forecast: April update

April 16, 2010

Revenue growth of 8% projected for temporary staffing in both 2010 and 2011
Raising our 2010 growth projection from 15% to 16% for the industrial segment
2010 staffing industry projection upgraded from 5% growth to 6%
Our initial projection for 2011 is overall staffing industry growth of 8%

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

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

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

Commercial staffing growth update

November 17, 2009

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

Staffing industry forecast: September update

September 30, 2009

Project 5% growth in staffing industry revenue for 2010
Strong recovery expected in GDP but with continued high unemployment
Most bullish on industrial staffing with 15% growth projected for 2010

Temporary staffing bill rate trends

August 26, 2009

Industrial bill rates see notable decline
Technical/professional rates lowest since '07
Unemployment trends appear to be driver

Commercial staffing growth update

August 19, 2009

Revenue down 25% to 30% y/y in 2Q09
But monthly trends improving
TrueBlue reports higher skilled areas relatively strong

Largest U.S. Office/Clerical Temporary Staffing Firms

July 20, 2009

Fourteen companies make up 53% of market
Kelly Services, the largest, makes up 10% of market
Consolidation expected in 2009

Commercial staffing growth update

May 15, 2009

Commercial staffing sees accelerating downdraft
Industrial remains in sharper decline than office/clerical
But trends in key markets show signs of improvement