Tag Archives: staffing

June 01, 2015

DCR National Temp Wage Index - June 2015

The Bureau of Labor Statistics (BLS) reported that the U.S. economy added 223,000 jobs in April 2015, bring the unemployment rate down to 5.4 percent from 5.5 percent in the prior month, its lowest mark since May 2008. Year-over-year, the unemployment rate is down by 0.8 percentage points. Source: BLS Major gains came from professional and business services with 62,000 jobs added, and healthcare and construction with...

November 01, 2014

Regional Staffing Highlights

Every six weeks, the Federal Reserve Board releases a report describing the current economic condition for each of the Federal Reserve Districts. According to the most recent release of the Federal Reserve’s Beige Book report, conditions for staffing services are generally positive across all districts. Nearly all the districts reported difficulties in finding certain types of skilled labor and little change in...

November 01, 2014

What Metrics are Staffing Firms Tracking

Staffing and recruiting firms, along with their client companies, recognize the importance of tracking metrics for finding ways to save time and money. Tracking metrics is necessary for measuring the success of recruiting efforts and for identifying areas that need improvement. In the staffing and recruiting industry, tracking metrics can lead to a whole range of benefits, like helping to improve the relationship...

October 01, 2014

Multiple Priorities, Single Goal

More and more, companies are continuing to leverage a non-employee workforce. Employing this area of labor offers many benefits including increased flexibility and scalability, along with costs savings. However, the risks and complexities of sourcing and managing non-employee workers can be daunting. When managing a contingent workforce program, companies have to deal with and accommodate the priorities and needs of...

September 01, 2014

Top 7 Metro Cities for Contingent Workers

The temporary help services industry suffered greatly during the recession, losing almost 750,000 jobs from 2007 to 2009. However, staffing agencies have recovered over the past few years. Temp employment passed its pre-recession peak in 2013, and is expected to encompass over 3 million jobs by 2017. Source: CareerBuilder & EMSI In some of the country’s largest metropolitan areas, the revival of the temp...

September 01, 2014

What’s Trending in the Temp Market - Q3 of 2014

At TrendLine, we’re always focused on what’s trending in anything to do with contingent worker supply and demand. This month, we’re presenting our quarterly view of critical trends in key talent sectors of the staffing industry and human resources.  RPO stands for Recruitment Process Outsourcing, which is defined in simple terms as the outsourcing of some or all recruitment functions. Experts...

May 01, 2014

ACA Driving Demand (and Confusion) for Staffing Firms

In 2013, staffing firms hired 11 million temporary and contract workers. The American Staffing Association predicts that over the next ten years the U.S. staffing industry will grow at a faster pace and add more new jobs than most other industries. One factor driving the demand for temporary workers is employers’ desire for more flexibility in matching their payroll to their revenue in an uncertain economy and...

April 01, 2014

India: An Emerging Temp Workforce Hot Spot

India is the second largest of the BRIC countries, not only by the size of its economy but also by population. In 2012, after the country’s economy expanded modestly by 3.2 percent, the International Monetary Fund (IMF) in its annual report on the state of the Indian economy estimated that India will expand by 4.6 percent in 2013, 5.4 percent in 2014, and 6.4 percent by 2015. Recently, investors have been...

April 01, 2014

How Happy are Temp Workers?

A few recent studies have been focusing on the satisfaction levels and happiness of temporary workers. Overall, it appears that temporary workers in the United States are happy! A 2014 Survey by Staffing Industry Analysts of 7,000 temp workers looked at how satisfied temporary workers are with both their staffing agencies and their placements at client companies. The reports used Net Promoter Scores as their tool to...

April 01, 2014

What the Staffing Landscape Will Look Like in 2022

According to the U.S. Bureau of Labor Statistics (BLS), nationwide employment will rise 10.8 percent from 2012 to 2022, with jobs in healthcare, construction, and educational services experiencing the largest job growth. The Staffing Industry Analysts (SIA) forecasts that temporary help services employment will grow to 3,387,000 jobs by 2022 at a CAGR of 3.1 percent. Annual revenue growth projection (at $155.8...

March 01, 2014

ACA: Paving the Path of Opportunity

Due to the Affordable Care Act (ACA), the U.S. Congressional Budget Office forecasts that 30 million non-elderly Americans will gain insurance over 2013 to 2017. Additionally, according to the U.S. Census Bureau, elderly Americans, who consume more health care, are expected to comprise 21 percent of the U.S. population by 2035. Long-term trends point to a growing shortage of nurses, regardless of recent increases in...

January 01, 2014

Temp Jobs Continue Steady Upward Trend

The number of workers provided by staffing agencies has been on an upward trend with 2.74 million workers employed in October 2013, a gain of 57 percent from August 2009. Meanwhile, all other non-farm payroll jobs are up an average of 4 percent during the same time period. According to staffing industry executives, these increases were realized across an array of positions from secretarial to blue-collar to...

December 01, 2013

DCR National Temp Wage Index – December 2013

The recouping of the market after the government shutdown combined with the surge in demand for goods and services due to the holiday season promises growth for the engagement of temporary workers.   An interesting sector of growth for temporary work has been in tree plantation. A Bossier City firm will plant 6 million loblolly pines and other trees this winter, relying primarily on temporary...

November 01, 2013

Temp Workers: Just in Time Workforce

Over the last decade many organizations have become more proactive about their recruiting, developing candidate pipelines and shifting towards a “just-in-time” hiring model. Forecasting human capital needs and having a bench of qualified candidates available upon request offers companies the ability to be agile, fast, and lean in uncertain economy, while providing other benefits such as increased customer...

October 01, 2012

As Temporary Employment Rises, so Does Staffing Stock

Temporary employment has increased by 9,300 in September, whereas the permanent workforce has declined by 536,000. The incremental change in temporary workforce is not only due to the increase in demand, but also the skepticism of businesses towards permanent hiring because of the long-term commitment involve. Supplementing this is that most executives are optimistic towards adding new permanent jobs in the future,...

September 01, 2012

Internal Bill Rates: Trends and Insights

We carried out a full analysis of bill rates over time and type of non-managerial services by service types. It is a quick snapshot commentary on way the internal job rates have been, driven by local and company-specific factors apart from national trends. The graph on the left is a relative comparison between average billing rates during the period 2007-2012. Graph on the right shows trend chart of billing rate...

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