Temp staffing revenue up in February, but pace is down from previous month: Pulse report

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Temporary staffing revenue grew in February, although not as quickly as in January, according to the latest “US Staffing Industry Pulse Survey Report” released last Wednesday by Staffing Industry Analysts. Healthcare again led the way in terms of growth.

Median temporary staffing revenue growth among firms taking part in the survey was 5% year over year in February compared to 10% in January.

However, travel nurse revenue was up by more than 100% year over year in February, according to the median response in the survey. Per diem nursing revenue was up 23%.

Growth was slower in other segments. Median revenue growth in IT temporary staffing was 4% year over year in February, down from growth of 7% in January.

Office/clerical temporary staffing revenue was flat in February, according to the median response. Industrial staffing was up 5%.

The latest Pulse survey also asked firms how they were supporting or encouraging the Covid-19 vaccine rollout and asked about staffing firms’ expectations on how office space use would change this year compared to before the pandemic.

Some 150 staffing firms took part in the latest Pulse survey.

A report that includes selected highlights from the Pulse Survey is available to corporate members of SIA; the full Pulse report itself is available only to companies that took part in the survey. For more information on participating in the next survey, contact SIA Research Analyst Curtis Starkey at cstarkey@staffingindustry.com.