Median temporary staffing revenue growth increases to 32%

Temporary staffing revenue rose a median 32% year over year in May among the 143 staffing firms taking part in Staffing Industry Analysts’ Pulse survey. May’s increase compares to a median year-over-year increase of 21% in April.

Revenue was up significantly among all staffing segments.

Median year-over-year revenue in office/clerical and industrial temporary staffing rose 25% and 29% respectively. In IT temporary staffing, median growth was 21%.

Travel nursing again led the way in terms of median revenue growth with an increase of 85%, and allied healthcare revenue was up a median 42%. Revenue was flat at the median in locum tenens.

The latest Pulse survey also asked firms, “Do you find that you’re having to meet/communicate with clients more frequently due to the dynamic current environment?” Of the 79 firms that answered the question, 56% indicated they did have to meet/communicate with clients more frequently.

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 in August, contact SIA Research Analyst Curtis Starkey at cstarkey@staffingindustry.com.

The original article can be found at: Staffing Industry Analysts