Jon Osborne's Blog

Dueling data - Census says staffing growth accelerated in 1Q?!

How can it be?

On 6/11, the U.S. Census Bureau reported that staffing industry revenue (as represented by Employment Services NAICS code 5613) rose 7.9% year-over-year in the first quarter.  As can be seen in the chart below, the increase represented an acceleration in revenue growth from the 4.7% year-over-year increase reported in the fourth quarter and the highest rate of growth since early... More