Median US Staffing Revenue Rises 26% Year Over Year in August

US temporary staffing revenue rose by a median 26% year over year in August, according to Staffing Industry Analysts’ latest Pulse Survey. That’s down from a median 32% in the previous Pulse Survey report covering June.

Travel nurse staffing showed strong growth with revenue up a median 85% year over year in August. That compared to a median 95% year over year growth in the June survey.

Per diem nurse staffing revenue rose a median 28% year over year in August while allied healthcare revenue rose 33%.

Outside of healthcare, office/clerical staffing revenue rose a median 21% year over year in August while IT staffing revenue rose 19%.

The Pulse report also found that retained search revenue surged with median revenue growth of 53% year over year in August.

The number of firms taking part in the August survey was 169. Of those, 100 also took part in a separate survey question: “What impact is the current wave of rising Covid-19 cases having on your staffing business?” Twenty-five percent noted difficulty recruiting or faced decreased supply, and 24% reported they were experiencing increased demand. Only 17% said they were not affected by the recent Covid wave.

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

Original Article: https://www2.staffingindustry.com/Editorial/Daily-News/Median-US-staffing-revenue-rises-26-year-over-year-in-August-59183