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Tracking the very latest trends in US temporary
work, the SIA | Bullhorn Staffing Indicator delivers
forward-looking insights using real-time data for the
professional and commercial staffing markets on a
weekly basis.

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outlook with this unique tool!

Global Daily News

  • Entry-level hiring to be active in first half of year: Robert Half

    Expect an active hiring market for entry-level professionals in 2024, according to a study by Robert Half International Inc. (NYSE: RHI). Its survey of hiring managers found 65% of organizations plan to hire entry-level professionals — generally defined as individuals with less than two years of experience — in the first half of 2024. By field, administrative and customer had the most ambitious plans, with 76% planning such hires, followed closely by legal at 75%.  Seventy-two percent of surveyed companies in the marketing and creative sector expect to make such hires, as do 66% in finance and accounting, 57% in human resources and 56% in technology. “Bringing in workers who are in the early stages of their career is a smart hiring strategy,” Dawn Fay, operational …

  • Resources Connection acquires financial sector consulting firm

    Resources Connection Inc. (Nasdaq: RGP), a professional staffing provider that operates as RGP, acquired Reference Point LLC, a New York-based strategy, management and technology consulting firm focused on the financial services sector.  The transaction, expected to close by early summer 2024, aims to strengthen RGP’s financial services and overall consulting business, according to the company.  Founded in 2002, Reference Point serves the financial services sector across strategy and management, risk and regulatory compliance, digital and technology and data and analytics. It has offices in Washington, DC, and Charlotte, North Carolina.  The combined company also expands RGP’s project execution and on-demand talent services to Reference Point’s clients wh …

  • Jobless claims fall by 2,000, workers have ‘extraordinary’ job security

    US initial jobless claims fell by 2,000 in the week ended Mar. 23 to a total of 210,000, the US Department of Labor reported today. The previous week’s level was revised upward by 2,000. The Associated Press noted that the dip suggests the labor market remains strong and most workers enjoy extraordinary job security. “We may see initial claims drift a bit higher as the economy slows this year, but we don’t expect a major spike because, while we expect the pace of job growth to slow, we do not anticipate large-scale layoffs,” Associated Press quoted Nancy Vanden Houten, lead Economist at Oxford Economics, as saying.  Economists polled by Reuters had forecast 212,000 claims in the latest week. Meanwhile, the four-week moving average fell by 750 in the latest week to …

  • American Medical Staffing names Linda Perneau as CEO

    American Medical Staffing Inc. hired Linda Perneau as CEO effective March 25. As CEO, Perneau will oversee all aspects of AMS's operations. Perneau is taking over the combined responsibilities of CEO Thomas Kirk and President Missy Blankenship; Kirk will remain as chairman of the board, while Blankenship will be transitioning out of the organization. Perneau, who will be based in AMS’ corporate offices in Hunt Valley, Maryland, brings more than 30 years of experience. She previously was president, CEO and board director at publicly traded Volt Information Sciences Inc., where she led a five-year strategic plan culminating in its sale in 2022 to American CyberSystems Inc. through its Vega Consulting Inc. Affiliate. Prior to Volt, she held executive positions at Randstad …

  • Temporary staffing revenue decline continues: Pulse Report

    Temporary staffing revenue fell by a median of 5% year over year in February among staffing firms taking part in SIA’s latest Pulse survey. This decline mirrors the 5% decrease reported in the previous Pulse report covering December 2023.The Pulse survey also examined temporary staffing revenue by staffing segment. Locum tenens posted the only positive median revenue growth at 15%. Growth was flat in eight segments: office/clerical, IT, allied healthcare, finance/accounting, engineering, legal, life sciences and engineering. Direct hire revenue was also flat year over year. On the flip side, the travel nurse staffing segment once again posted the largest decline, down 16%, followed by per diem nursing and industrial, down 10% and 7% respectively.  Average sales difficulty in …

  • Dutch Equal Opportunities bill blocked from moving forward

    A bill on the Supervision of Equal Opportunities in Recruitment and Selection was not adopted in the Senate after a majority voted against the bill.The bill stated that the Dutch Labour Inspectorate would monitor the presence of a recruitment and selection method that creates equal employment opportunities. On 14 January 2021, a reporting obligation for intermediaries for discriminatory requests was added to the bill, meaning that intermediaries were obliged to report clients who persist in a discriminatory request to the labour inspectorate. While the bill has been on the agenda of the Senate in recent weeks, some political parties were critical. This was followed by a letter from the minister proposing to postpone enforcement of the bill until 2027. According to Flexnieuws …

  • SIA announces 2024 Best Staffing Firms to Work For winners

    Staffing Industry Analysts announced the winners of the 2024 Best Staffing Firms to Work For yesterday during its Executive Forum North America conference in Las Vegas.The Best Staffing Firms to Work For program comprises eight categories based on company size and location. This includes two in the UK, one in Ireland and five in North America.There is also a Best Staffing Firms to Temp For category for firms in the US and Canada.Program winners comprise companies with high scores in the contest categories.The grand prize winners, listed below, reflect the highest-scoring organizations for each category.UK Quanta Consultancy Services for staffing firms with over 50 employees Somnium Recruitment Ltd for firms with 10 to 50 employees Ireland Approach People Recruitment was name …

  • Belgium’s temporary employment sector down 7.6% in February

    The number of hours worked by temporary agency workers in Belgium recorded a decrease of 7.60% in February 2024 when compared to the same period a year ago, according to calendar-basis adjusted data from Federgon, the Belgian federation of staffing agencies.The 7.60% decline was higher than the 5.40% annual decline seen in January. February’s year-on-year fall was a result of a fall in activity of 6.56% in the blue-collar segment, and a lowering of 8.94% in the white-collar segment.Regional data found that Flanders recorded a 10.23% annual decline with a 13.76% fall in the white-collar segment and a 7.72% decline in the blue-collar segment.In Wallonia, the decline stood at 2.36%. The white-collar segment saw a fall of 1.06% while the blue-collar segment recorded a downward trend of 3.17%.I …

  • Employees in Czechia cite low pay as main cause for leaving

    Employees in Czechia point to better pay offers from competing employers as the main reason for leaving a company, according to a survey by Grafton Recruitment.It comes as more than half of the companies are dealing with problems with increased turnover today.According to the survey, companies offer a salary increase approximately 5% of the time when they learn of an employee's intention to leave.In addition to salary being the main reason for employee turnover, workplace relationship,  the supervisor’s behaviour also played a significant role in the decision to leave an employer.Feedback was also cited as important. The survey found that lack of employee feedback can lead to frustration and a sense of uselessness among employees, and subsequently to the search for a new job in w …

  • People on the move: Welten Group, Catenon

    Welten Group, a Dutch finance recruitment firm, announced it is appointing Thijs Vermaat as its new CEO with effect from 1 May. Vermaat will take over from Chris Baelemans. Vermaat is currently managing director of Experis Netherlands, part of ManpowerGroup, since 2021. Catenon, the Spain-based executive search firm, announced that it has appointed Martin J. Beck as managing director of Catenon GmbH and the Catenon German Desk. Beck was previously business unit director at Catenon and was also a manager of the Germany desk. His previous experience also includes roles with ManpowerGroup in Spain, GD Human Capital.

  • Most employers in Thailand set to raise salaries up to 6%

    Nearly half of employers in Thailand (47%) said they intended to increase salaries by 3-6% this year, according to research from Hays.At the same time, 22.9% of employers surveyed reflected plans to increase salaries by up to 3%, 16.9% were confident in providing raises of up to 10% for staff, while 4.8% were willing to give raises surpassing 10%.On the other hand, 7.2% of employers expected no changes to wages in the coming year, while 1.2% forecasted a decrease in salaries for workers.On the hiring front, most employers in Thailand expect headcount to increase, with 40.5% expecting to grow their permanent workforce this year while 22.8% plan to hire more contract staff in 2024.As for bonuses, over half of employers (56.6%) also indicated plans to give bonuses in 2024. In terms of em …

  • Most NZ businesses offered flexible working in 2023

    Four out of five businesses across New Zealand (81%) offered flexible working hours to their employees in 2023, according to data released by Statistics New Zealand.The research found that the offer of flexible working hours increases to 90% for large businesses (those with 100 or more employees).In terms of industry, the option of flexible working hours was more likely to be available in the following industries: professional, scientific, and technical services (95%), information media and telecommunications (94%), financial and insurance services (92%).Part-time work (77%) was the second-most popular offer relating to flexible work and support provisions. Support for mental health and wellbeing stood at 53%.“Larger businesses were more likely to offer health and wellbeing support, and to …

  • Demand for AI and ML professionals on the rise in India

    Demand for professionals skilled in AI and machine learning is soaring in India, reports the Times of India, citing staffing firms. Randstad says hiring for AI and ML roles has been increasing by 30% each year since the pandemic, while demand for other digital skills has been growing at half that rate. It estimates there are about 200,000 professionals skilled in AI/ML in India.Randstad’s global delivery and talent officer Rohit Kishore said the growing relevance of Gen AI has created new job roles, and that organisations are constantly striving to bring AI and ML to the core of their digital transformation journey.Meanwhile, Jung Bahadur, director for talent solutions at professional services firm Aon says global capability centres of MNCs (multinational corporations) in India are driving …

  • Persol invests in virtual coin operator JPYC

    Persol announced that it has invested in JPYC Co., Ltd., a cryptocurrency operator based in Tokyo.The investment was made through Persol Venture Partners LLC.Founded in 2019, JPYC Co., Ltd. develops and operates ‘JPYC’, a Japanese yen stablecoin, a type of cryptocurrency. This virtual currency designed to be linked to the prices of legal currencies and commodities. It is issued as a third-party prepaid payment instrument in accordance with the Payment Services Act. Currently, JPYC is issued on various public blockchains including Ethereum and Polygon.The company is also involved in consulting on general blockchain issues such as issuance of ERC20 (technical standard for fungible tokens created using the Ethereum blockchain) prepaid payment instruments and NFTs.Persol Group is considering n …

  • Keystone Education Group acquires Edunation and Asia Exchange

    Keystone Education Group announced yesterday the acquisition of global education providers, Edunation and Asia Exchange.Edunation and Asia Exchange will join Keystone's network of student recruitment agencies within the Keystone Study Abroad division, including Blueberry and Study Outside Norway (SONOR).Financial details were not disclosed.Founded by Harri Suominen and Tuomas Kauppinen, Asia Exchange was established in 2007 to help others benefit from studying abroad, inspired by their own experiences as exchange students in Asia during the mid-2000s.Ten years later, they launched Edunation in 2017, providing pathways to work and study in the founders' native Finland.Edunation focuses on expanding global access to Finnish education, cooperating with Finnish universities and colle …

Latest Research

  • US Staffing Industry Forecast: March 2024 Update

    Key Findings: We forecast the US Staffing Industry will decline 3% in 2024 to reach a size of $184.6 billion, as the industry continues to pull back from prior peak levels. If we exclude the nurse staffing segments (that continue to normalize down steeply from pandemic levels), the remaining staffing industry is expected to be roughly flat this year, in aggregate. We forecast industrial staffing to decrease 5% in 2024 while office/clerical holds stable. We project IT staffing to decline 3% and healthcare staffing to decrease 11%, as both pull back from prior peak levels. As brighter spots in the 2024 outlook, we project mid-single-digit growth this year for engineering, life sciences, marketing/creative, and education staffing, as well as for place & search. Looking ahead to 2025, we f …

  • SIA | Bullhorn Staffing Indicator – March 26, 2024

    US Staffing Hours Remain Below Last Year’s Levels Week ending Mar 16, 2024 Indexed Value Y/Y W/W US Staffing 85 -14% -0.6% Commercial Staffing 71 -14% -0.6% Professional Staffing 121 -14% -0.9% IntroductionReleased weekly, the SIA | Bullhorn Staffing Indicator comprises two sets of analyses; a Year-over-Year comparison showing how the week that ended ten days ago (“last week measured”) compares to the same week 12 months previously and an indexed value that has been benchmarked against data from the week ending January 13th, 2019.Year-over-year changes for the week ending March 16thTemporary staffing hours worked for the week ending March 16th (“last week measured”) were down -14% compared to the corresponding week a year ago, according to the Indicator.Temporary staffing hours completed i …

  • Temporary Staffing Platform Update

    Staffing platforms marry technology and processes found in talent platforms (e.g. two-sided digital labor marketplace, ratings systems, algorithmic recruiting, management, and matching) with traditional staffing firm pricing models. The list of major staffing companies with a platform component has rapidly expanded since the pandemic. Today, 12 of the 15 largest staffing firms worldwide have a staffing platform, up from just four in 2019. The worldwide market for temporary staffing platforms reached a scale of $18.0 billion in 2023, a decline of 17% y/y. Despite the decline in 2023, temporary staffing platforms have achieved a 55% CAGR since 2019. Temporary staffing platform segment mix differs considerably from the overall global temporary staffing market. Most notable is the outsized pla …

  • Renewable Energy Staffing Global Market Assessment

    Globally, employment in the renewable energy industry is estimated to expand 8% in 2024, 9% in 2025, and a further 40% through 2030. We estimate the industry will add close to 10 million new jobs over the next seven years, and many roles will require workers with skillsets that are highly specialized or in high demand, providing great opportunities for companies operating in the workforce solutions ecosystem. Strong demand growth for renewable energy workers stems from ongoing support from both public and private sectors for the transition away from fossil fuels toward electricity with lower carbon footprints. This report analyses the renewable labor market as a whole as well as the markets for specific renewable technologies. Labor markets in the renewable energy sector vary in terms of t …

  • Workforce Solutions Buyer Survey 2024: Initial Findings

    This report contains initial findings of the 2024 Workforce Solutions Buyer Survey, including survey questions and summary statistics. The survey was conducted in early 2024 and reflects the opinions of respondents from 143 companies with contingent workforce and/or workforce solutions programs in the Americas region. To qualify for the survey, a company must have 1,000 or more full-time equivalent employees (not including contingent workers). Only one respondent per company was used. More detailed analyses of survey responses will be released in separate reports. To access the complete report, please select the link below: Workforce Solutions Buyer Survey 2024 Initial Findings Americas 03212024 – You do not have permission to view this object.

  • Temporary Staffing Platform Update

    Staffing platforms marry technology and processes found in talent platforms (e.g. two-sided digital labor marketplace, ratings systems, algorithmic recruiting, management, and matching) with traditional staffing firm pricing models. The list of major staffing companies with a platform component has rapidly expanded since the pandemic. Today, 12 of the 15 largest staffing firms worldwide have a staffing platform, up from just four in 2019. The worldwide market for temporary staffing platforms reached a scale of $18.0 billion in 2023, a decline of 17% y/y. Despite the decline in 2023, temporary staffing platforms have achieved a 55% CAGR since 2019. Temporary staffing platform segment mix differs considerably from the overall global temporary staffing market. Most notable is the outsized pla …

  • Renewable Energy Staffing Global Market Assessment

    Globally, employment in the renewable energy industry is estimated to expand 8% in 2024, 9% in 2025, and a further 40% through 2030. We estimate the industry will add close to 10 million new jobs over the next seven years, and many roles will require workers with skillsets that are highly specialized or in high demand, providing great opportunities for companies operating in the workforce solutions ecosystem. Strong demand growth for renewable energy workers stems from ongoing support from both public and private sectors for the transition away from fossil fuels toward electricity with lower carbon footprints. This report analyses the renewable labor market as a whole as well as the markets for specific renewable technologies. Labor markets in the renewable energy sector vary in terms of t …

  • Workforce Solutions Buyer Survey 2024: Initial Findings

    This report contains initial findings of the 2024 Workforce Solutions Buyer Survey, including survey questions and summary statistics. The survey was conducted in early 2024 and reflects the opinions of respondents from 76 companies with contingent workforce and/or workforce solutions programs in the UK region. To qualify for the survey, a company must have 1,000 or more full-time equivalent employees (not including contingent workers). Only one respondent per company was used. More detailed analyses of survey responses will be released in separate reports. To access the complete report, please select the link below: Workforce Solutions Buyer Survey 2024 Initial Findings UK 03222024 – You do not have permission to view this object.

  • Workforce Solutions Buyer Survey 2024: Initial Findings

    This report contains initial findings of the 2024 Workforce Solutions Buyer Survey, including survey questions and summary statistics. The survey was conducted in early 2024 and reflects the opinions of respondents from 87 companies with contingent workforce and/or workforce solutions programs in the Europe region. To qualify for the survey, a company must have 1,000 or more full-time equivalent employees (not including contingent workers). Only one respondent per company was used. More detailed analyses of survey responses will be released in separate reports. To access the complete report, please select the link below: Workforce Solutions Buyer Survey 2024 Initial Findings Europe 03222024 – You do not have permission to view this object.

  • UK Internal Staff Survey 2024: Remote work prevalence and preferences

    UK internal staff were asked several questions in the current and in previous SIA surveys about their experience with and attitudes toward remote work. The following conclusions are based on an analysis of their responses. Remote work prevalence remains high. As of late 2023, seventy-five percent of staffing firm internal staff were working remotely at least part of the time. Remote work varies sharply by occupation and experience. Support specialists reported the highest levels of remote work. The option to work remotely has become very important to staff. In 2018, 41% said the remote work option was “a huge benefit”; that rose to 63% in 2021. About one in five staff say they are not being given enough remote workdays. Mandatory ‘in office’ days, if any, are preferred to be in t …

  • Temporary Staffing Platform Update

    Staffing platforms marry technology and processes found in talent platforms (e.g. two-sided digital labor marketplace, ratings systems, algorithmic recruiting, management, and matching) with traditional staffing firm pricing models. The list of major staffing companies with a platform component has rapidly expanded since the pandemic. Today, 12 of the 15 largest staffing firms worldwide have a staffing platform, up from just four in 2019. The worldwide market for temporary staffing platforms reached a scale of $18.0 billion in 2023, a decline of 17% y/y. Despite the decline in 2023, temporary staffing platforms have achieved a 55% CAGR since 2019. Temporary staffing platform segment mix differs considerably from the overall global temporary staffing market. Most notable is the outsized pla …

  • Renewable Energy Staffing Global Market Assessment

    Globally, employment in the renewable energy industry is estimated to expand 8% in 2024, 9% in 2025, and a further 40% through 2030. We estimate the industry will add close to 10 million new jobs over the next seven years, and many roles will require workers with skillsets that are highly specialized or in high demand, providing great opportunities for companies operating in the workforce solutions ecosystem. Strong demand growth for renewable energy workers stems from ongoing support from both public and private sectors for the transition away from fossil fuels toward electricity with lower carbon footprints. This report analyses the renewable labor market as a whole as well as the markets for specific renewable technologies. Labor markets in the renewable energy sector vary in terms of t …

  • Workforce Solutions Buyer Survey 2024: Initial Findings

    This report contains initial findings of the 2024 Workforce Solutions Buyer Survey, including survey questions and summary statistics. The survey was conducted in early 2024 and reflects the opinions of respondents from 165 companies with contingent workforce and/or workforce solutions programs globally. A map and table summarizing participant regions appears on page 16. To qualify for the survey, a company must have 1,000 or more full-time equivalent employees (not including contingent workers). Only one respondent per company was used. More detailed analyses of survey responses will be released in separate reports. To access the complete report, please select the link below: Workforce Solutions Buyer Survey 2024 Initial Findings Global 03202024 – You do not have permission to view this o …

  • Asia Pacific Legal Update Q1 2024

    In this report, we round up the legal developments affecting the workforce solutions ecosystem across the Asia Pacific region in Q1 2024:Australia              Changes to classification of employees, casual workers and platform workers in Closing Loopholes No.2 Act Paid parental leave increase from 1 July 2024               Hong Kong          Gradual increases to statutory holidays introduced   Rule “418” for determining continuous employment set to change    Japan    Employers’ obligations to notify terms and conditions of employment to change      …

  • Proving the Diversity Business Case for the Recruitment and Staffing Industry

    This custom research report was commissioned by Access Recruitment and conducted by SIA.Key Findings: Staffing firms who are leaders in DE&I enjoy significant competitive advantages over their peers in client win rate, talent access, and overall talent quality. Additionally, these leaders have advantages attracting internal staff, at a higher quality, who are more satisfied. Barriers, particularly lack of candidate diversity data and the systems that enabling measurement, prevent many from achieving these potential gains. Leaders leverage the virtuous circle that results from starting small, proving success, and expanding organically to meet increasing demand. To access the complete report, please select the link below. The Business Case for Diversity in Staffing 20240228 – You do not …