The latest SIA | Bullhorn Staffing Indicator released today for the week ended June 5 showed staffing hours worked in the US remained stable for professional and commercial occupations. However, growth is seen ahead.
“We remain optimistic that the US staffing industry is poised for further growth based on trends in the indicator and other improving economic data points,” according to the report. “As one example, the Labor Department reported that initial jobless claims last week dropped for the sixth straight week to 376,000, another pandemic low.”
| Week ending June 5, 2021 | Indexed value | Year over year | Week over week |
| US staffing | 97 | +29% | -3.8% |
| Commercial staffing | 86 | +21% | -3.7% |
| Professional staffing | 118 | +40% | -3.8% |
Professional staffing hours rose 40% year over year while hours worked in commercial staffing were up 21% year over year.
The week-over-week decline in temporary staffing hours was mainly due to the Memorial Day holiday.
Indexed value
The SIA | Bullhorn Staffing Indicator measures hours worked. It comprises two sets of analyses: a year-over-year comparison showing how the most recent week compared to the same week 12 months previously and an indexed value that has been benchmarked against data from the week ended Jan. 19, 2019.
The indexed value was 97 in the week ended June 5, following readings of 101 in both of the prior two weeks.
Index values for the week ended June 5, by type of staffing:
- Professional staffing: 118, following readings of 123 in both of the prior two weeks.
- Commercial staffing: 86, following readings of 89 and 90 in the prior two weeks.
Readings for the most-recent four weeks are subject to revision.
The full report on the SIA | Bullhorn Staffing Indicator can be downloaded. See here for more information.