Temp Staffing Revenue Up Median 27% Year Over Year In October: Pulse Report

Temporary staffing revenue rose a median 27% year over year in October among US staffing firms participating in the recently released Staffing Industry Analysts Pulse Survey. That’s roughly in-line with the 26% year-over-year increase seen in the previous survey that covered the month of August.

Travel nursing continued to post the fastest growth with a median increase in revenue of more than 100% year over year. Per diem nursing and allied healthcare also proved fast growing with October revenue up by a median 48% and 42%, respectively.

Outside of healthcare, the fast growth was in IT and marketing/creative staffing. Revenue in both segments rose by a median 21% year over year.

Also strong, office/clerical temporary staffing revenue rose 19% year over year.

The latest Pulse survey included responses from 163 companies.

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. The full 32-page report contains insights on trends in revenue, bill rates, orders, gross margins, recruiting/sales difficulty, and a six-month outlook for each staffing skill segment.

The next Pulse Survey will be in January

Original Article: https://www2.staffingindustry.com/Editorial/Daily-News/Temp-staffing-revenue-up-median-27-year-over-year-in-October-Pulse-report-59909