As reported by Staffing Industry Analysts:
"U.S. temporary help payrolls rose by 34,900 in October to approximately 2.18 million, according to seasonally adjusted numbers released today by the U.S. Bureau of Labor Statistics. September's gain in temporary help payrolls was revised up to 23,800 from the initially reported 16,900. The temporary help penetration rate rose to 1.67% in October from 1.64% in September. Since its low in September 2009, the temporary help services category has added 451,000 jobs, according to the BLS.
The employment services category added a net 29,400 jobs in October for total employment of approximately 2.84 million. The employment services category includes temporary help services as well as employment placement agencies, executive search services and professional employer organizations."
USA Staffing Services:
Has a client ever asked you for a temporary employee? If you have operated within the recruiting space for more than a year, it is likely.
Compared to just 13 months ago, almost half a million more people are now temporary employees.
This trend will only continue and at an increased pace. Start offering your clients temporary employees now.
For a significant competitive advantage in this growing market -- complete elimination of the funding, administration AND RISK associated with a temporary staffing operation -- check out our Web site today.
www.usastaffingservices.com
Staffing Solutions for Staffing Companies - Analysis, Insight, Opportunity
Showing posts with label staffing industry analysts. Show all posts
Showing posts with label staffing industry analysts. Show all posts
Monday, November 8, 2010
Monday, October 11, 2010
Another good sign for the industry!
As reported Friday by Staffing Industry Analysts:
"U.S. temporary help payrolls rose by 16,900 in September to approximately 2.1 million, according to seasonally adjusted numbers released today by the U.S. Bureau of Labor Statistics. In addition, August's change in temporary employment was revised up to a gain of 17,700 jobs from the initially reported gain of 16,800.
The temporary help penetration rate rose to 1.63% in September from 1.62% in August. Since its low in September 2009, temporary help has added approximately 404,200 jobs.
The employment services category added 28,200 jobs in September to reach employment of approximately 2.8 million. The employment services category includes temporary help services as well as employment placement agencies, executive search services and professional employer organizations."
USA Staffing Services:
To gain a competitive advantage, check out our Web site today!
http://www.usastaffingservices.com/
"U.S. temporary help payrolls rose by 16,900 in September to approximately 2.1 million, according to seasonally adjusted numbers released today by the U.S. Bureau of Labor Statistics. In addition, August's change in temporary employment was revised up to a gain of 17,700 jobs from the initially reported gain of 16,800.
The temporary help penetration rate rose to 1.63% in September from 1.62% in August. Since its low in September 2009, temporary help has added approximately 404,200 jobs.
The employment services category added 28,200 jobs in September to reach employment of approximately 2.8 million. The employment services category includes temporary help services as well as employment placement agencies, executive search services and professional employer organizations."
USA Staffing Services:
To gain a competitive advantage, check out our Web site today!
http://www.usastaffingservices.com/
Sunday, October 3, 2010
GDP estimate up!
Another quick report from Staffing Industry Analysts:
"The U.S. Department of Commerce raised its growth estimate of real gross domestic product in the second quarter.
Real GDP increased at an annual rate of 1.7% in the second quarter, according to a third estimate released today by the Department of Commerce. An estimate released last month had growth at 1.6%.
U.S. real GDP grew 3.7% in the first quarter after declining at a rate of 2.6% for full year 2009.
Staffing industry growth, with the exception of healthcare staffing, strongly correlates with growth in GDP, according to research from Staffing Industry Analysts. Staffing industry revenue tends to grow faster as GDP improves."
http://www.usastaffingservices.com/
"The U.S. Department of Commerce raised its growth estimate of real gross domestic product in the second quarter.
Real GDP increased at an annual rate of 1.7% in the second quarter, according to a third estimate released today by the Department of Commerce. An estimate released last month had growth at 1.6%.
U.S. real GDP grew 3.7% in the first quarter after declining at a rate of 2.6% for full year 2009.
Staffing industry growth, with the exception of healthcare staffing, strongly correlates with growth in GDP, according to research from Staffing Industry Analysts. Staffing industry revenue tends to grow faster as GDP improves."
http://www.usastaffingservices.com/
Initial unemployment claims drop
Quick report from Staffing Industry Analysts:
"The number of U.S. initial claims for unemployment insurance filed in the week ended Sept. 25 fell by 16,000 from the previous week, according to seasonally adjusted numbers released today by the U.S. Department of Labor.
Initial claims for the week ended Sept. 25 totaled 453,000, down 3.4% from the previous week's number of 469,000 -- which had been revised up by 4,000.
The four-week moving average of claims for the week ended Sept. 25 fell to 458,000, down 6,250, or 1.4%, from the previous week's revised average of 464,250."
http://www.usastaffingservices.com/
"The number of U.S. initial claims for unemployment insurance filed in the week ended Sept. 25 fell by 16,000 from the previous week, according to seasonally adjusted numbers released today by the U.S. Department of Labor.
Initial claims for the week ended Sept. 25 totaled 453,000, down 3.4% from the previous week's number of 469,000 -- which had been revised up by 4,000.
The four-week moving average of claims for the week ended Sept. 25 fell to 458,000, down 6,250, or 1.4%, from the previous week's revised average of 464,250."
http://www.usastaffingservices.com/
Saturday, September 11, 2010
Trend toward temps continues!
More good news ... if you are a part of this growing industry. This time our continued optimism is the result of the Federal Reserve's Beige Book report as covered by Staffing Industry Analysts:
Demand for temporary staffing "remained on an upward trend" from mid-July through the end of August, according to the Federal Reserve Beige Book report released Wednesday. Federal Reserve Districts in Boston, Philadelphia, Richmond VA and Minneapolis noted increases in temporary staffing. However, the Chicago district reported a slight softening in demand for the period.
Wage pressure remained modest, according to the report.
"Dallas reported that wage pressures were 'generally nonexistent,' with the exceptions of some airline and temporary workers," according to the report. "Hiring of permanent employees was held down in part by employers' reliance on temporary and contract workers, as reported by Philadelphia and Atlanta, although Boston noted that conversions from temporary to permanent staff picked up."
Overall, the Beige Book reported growth in economic activity from mid-July through the end of August. However, there were widespread signs of economic deceleration.
USA Staffing Service:
Regardless of possible economic deceleration through the end of the year, in any market, competitive advantages set leaders apart; competitive advantages separate the elite from the average. To secure a clear, competitive advantage for your recruiting operation, check out our Web site today:
http://www.usastaffingservices.com/
Demand for temporary staffing "remained on an upward trend" from mid-July through the end of August, according to the Federal Reserve Beige Book report released Wednesday. Federal Reserve Districts in Boston, Philadelphia, Richmond VA and Minneapolis noted increases in temporary staffing. However, the Chicago district reported a slight softening in demand for the period.
Wage pressure remained modest, according to the report.
"Dallas reported that wage pressures were 'generally nonexistent,' with the exceptions of some airline and temporary workers," according to the report. "Hiring of permanent employees was held down in part by employers' reliance on temporary and contract workers, as reported by Philadelphia and Atlanta, although Boston noted that conversions from temporary to permanent staff picked up."
Overall, the Beige Book reported growth in economic activity from mid-July through the end of August. However, there were widespread signs of economic deceleration.
USA Staffing Service:
Regardless of possible economic deceleration through the end of the year, in any market, competitive advantages set leaders apart; competitive advantages separate the elite from the average. To secure a clear, competitive advantage for your recruiting operation, check out our Web site today:
http://www.usastaffingservices.com/
Tuesday, August 24, 2010
What a difference a year can make!
Another very good sign for the industry from the American Staffing Association as reported by Staffing Industry Analysts:
“The American Staffing Association's staffing index rose to a reading of 95 in August, up four points from July's reading of 91. The reading is up 27% from the August 2009 reading.
The index measures changes in the number of temporary and contract workers, both weekly and monthly. The monthly measure is taken from the week containing the 12th of the month. Its baseline value of 100 was set in June 2006.”
USA Staffing Services:
To gain that crucial, competitive advantage in a growing market, visit our Web site today.
http://www.usastaffingservices.com/
“The American Staffing Association's staffing index rose to a reading of 95 in August, up four points from July's reading of 91. The reading is up 27% from the August 2009 reading.
The index measures changes in the number of temporary and contract workers, both weekly and monthly. The monthly measure is taken from the week containing the 12th of the month. Its baseline value of 100 was set in June 2006.”
USA Staffing Services:
To gain that crucial, competitive advantage in a growing market, visit our Web site today.
http://www.usastaffingservices.com/
2.4 Million Temps Per Day!
And a little more good news from the American Staffing Association as reported by Staffing Industry Analysts:
"Staffing industry employment rose 23.3% on a year-over-year basis in the second quarter of 2010 to an average of 2.4 million temporary and contract workers per day, according to the American Staffing Association's quarterly employment and sales survey. Compared to the first quarter, the number of workers employed is up 18.0%.
‘Even as the pace of economic growth slowed, staffing firms added 360,000 new jobs during the second quarter,’ said ASA president and CEO Richard Wahlquist. ‘This is an encouraging sign that there is still some juice left in this recovery and that businesses across a wide spectrum of sectors continue to experience a slow but sustained uptick in demand for their products and services.’"
USA Staffing Services:
As we have continued to note these past few months, staffing is good business! To gain a crucial competitive advantage is this hot market, check out our Web site today.
http://www.usastaffingservices.com/
"Staffing industry employment rose 23.3% on a year-over-year basis in the second quarter of 2010 to an average of 2.4 million temporary and contract workers per day, according to the American Staffing Association's quarterly employment and sales survey. Compared to the first quarter, the number of workers employed is up 18.0%.
‘Even as the pace of economic growth slowed, staffing firms added 360,000 new jobs during the second quarter,’ said ASA president and CEO Richard Wahlquist. ‘This is an encouraging sign that there is still some juice left in this recovery and that businesses across a wide spectrum of sectors continue to experience a slow but sustained uptick in demand for their products and services.’"
USA Staffing Services:
As we have continued to note these past few months, staffing is good business! To gain a crucial competitive advantage is this hot market, check out our Web site today.
http://www.usastaffingservices.com/
Staffing buyers/providers ... going steady?
Once again, Jon Osborne at SAI gives his entertaining, but quite relevant, perspective on the relationship between staffing firms and staffing buyers:
"I happened to be going through some of our survey data from 2009, and noticed an interesting coincidence.
When buyers were asked what advice they would give to staffing firms, their number one response was that staffing firms should be "more of a real business partner." Strangely enough, in a separate survey, when we asked staffing firms what advice they would give to buyers, their number one response was exactly the same--buyers should be "more of a real business partner."
So if everyone wants the other side to be a real business partner, why do both sides feel the other doesn't want it and isn't doing it? Reading the details of their comments reveals the answer--the two sides are worlds apart in terms of expectations and priorities.
Staffing buyers want a lot--quality, speed, cost control, shared knowledge, creativity and ever-improving performance. Staffing firms, presumably doing at least some of that, feel their profits are excessively squeezed and that buyers should be helping them stay in business instead of treating them as a commodity.
Is there a common ground between all those needs? Yes, and the reality is that staffing firms and buyers are already finding it on a regular basis to the tune of nearly $100 billion in U.S. sales annually.
But that common ground doesn't lend itself to terribly serious partnership; it's less like marriage and more like high school, because ultimately everyone is still open to a better deal. That instability can be tough at times, but in business it makes for progress.
A more marriage-like partnership might seem attractive, but my recommendation for the contingent world is--be happy with just going steady."
USA Staffing Services:
Not including Osborne's sharp wit, there is an incredibly important note to consider for a moment. He asks:
"Is there a common ground between all those needs? Yes, and the reality is that staffing firms and buyers are already finding it on a regular basis to the tune of nearly $100 billion in U.S. sales annually."
Probably a good time to add a crucial, competitive advantage in such a hot market. Check out our Web site today.
http://www.usastaffingservices.com/
"I happened to be going through some of our survey data from 2009, and noticed an interesting coincidence.
When buyers were asked what advice they would give to staffing firms, their number one response was that staffing firms should be "more of a real business partner." Strangely enough, in a separate survey, when we asked staffing firms what advice they would give to buyers, their number one response was exactly the same--buyers should be "more of a real business partner."
So if everyone wants the other side to be a real business partner, why do both sides feel the other doesn't want it and isn't doing it? Reading the details of their comments reveals the answer--the two sides are worlds apart in terms of expectations and priorities.
Staffing buyers want a lot--quality, speed, cost control, shared knowledge, creativity and ever-improving performance. Staffing firms, presumably doing at least some of that, feel their profits are excessively squeezed and that buyers should be helping them stay in business instead of treating them as a commodity.
Is there a common ground between all those needs? Yes, and the reality is that staffing firms and buyers are already finding it on a regular basis to the tune of nearly $100 billion in U.S. sales annually.
But that common ground doesn't lend itself to terribly serious partnership; it's less like marriage and more like high school, because ultimately everyone is still open to a better deal. That instability can be tough at times, but in business it makes for progress.
A more marriage-like partnership might seem attractive, but my recommendation for the contingent world is--be happy with just going steady."
USA Staffing Services:
Not including Osborne's sharp wit, there is an incredibly important note to consider for a moment. He asks:
"Is there a common ground between all those needs? Yes, and the reality is that staffing firms and buyers are already finding it on a regular basis to the tune of nearly $100 billion in U.S. sales annually."
Probably a good time to add a crucial, competitive advantage in such a hot market. Check out our Web site today.
http://www.usastaffingservices.com/
Saturday, July 24, 2010
Small business hiring again!
Staffing Industry Analysts reports:
Thirty-two percent of small businesses plan to add staff in the second half of the year, according to a survey by CareerBuilder.com.
The survey of firms with 500 or fewer employees found that 21% plan to hire full time while 11% plan to hire for part-time positions. In addition, 6% plan to bring in contractors or temporary workers.
The survey took place between May 19 and June 3 and included 1,372 U.S. hiring managers at businesses with 500 or fewer employees.
USA Staffing Services:
Good news for staffing firms!
To gain a critical competitive advantage during this period of growth, check out our Web site today.
http://www.usastaffingservices.com/
Thirty-two percent of small businesses plan to add staff in the second half of the year, according to a survey by CareerBuilder.com.
The survey of firms with 500 or fewer employees found that 21% plan to hire full time while 11% plan to hire for part-time positions. In addition, 6% plan to bring in contractors or temporary workers.
The survey took place between May 19 and June 3 and included 1,372 U.S. hiring managers at businesses with 500 or fewer employees.
USA Staffing Services:
Good news for staffing firms!
To gain a critical competitive advantage during this period of growth, check out our Web site today.
http://www.usastaffingservices.com/
Unemployment goes up again
Staffing Industry Analysts reports:
U.S. initial claims for unemployment insurance rose by 37,000, or 8.7%, to 464,000 in the week ended July 17, according to seasonally adjusted numbers released today by the U.S. Department of Labor.
Jobless claims for the previous week, ended July 10, were revised down by 2,000 to 427,000.
The four-week moving average of claims for the week ended July 17 rose by 1,250, or 0.3%, from the previous week's revised average of 454,750.
USA Staffing Services:
So the moving average is up a sliver. Fair enough! :)
One thing should be clear: In this business landscape, EVERY advantage is a CRITICAL advantage. To gain a critical competitive advantage, check out our Web site today.
http://www.usastaffingservices.com/
U.S. initial claims for unemployment insurance rose by 37,000, or 8.7%, to 464,000 in the week ended July 17, according to seasonally adjusted numbers released today by the U.S. Department of Labor.
Jobless claims for the previous week, ended July 10, were revised down by 2,000 to 427,000.
The four-week moving average of claims for the week ended July 17 rose by 1,250, or 0.3%, from the previous week's revised average of 454,750.
USA Staffing Services:
So the moving average is up a sliver. Fair enough! :)
One thing should be clear: In this business landscape, EVERY advantage is a CRITICAL advantage. To gain a critical competitive advantage, check out our Web site today.
http://www.usastaffingservices.com/
Thursday, July 15, 2010
Initial claims for unemployment drop
As reported by Staffing Industry Analysts, the most recent numbers from Bureau of Labor Statistics are still ... not bad.
"U.S. initial claims for unemployment insurance fell to 429,000 in the week ended July 10 on a seasonally adjusted basis, down 29,000 from the previous week's revised figure of 458,000, the U.S. Department of Labor reported today.
Reuters reported that analyst had anticipated claims would fall only to 450,000.
The four-week moving average of claims for the week ended July 10 fell to 455,250, down 11,750 from the previous week's revised average of 467,000.
Jobless claims for the week ended July 3 were revised up to 458,000, an increase of 4,000 from last week's initially reported number. Initial unemployment for the week ended July 3 were still down 17,000 from the prior week.
Florida posted the largest decline in jobless claims in the week ended July 3, down 3,586, amid fewer layoffs in the construction, trade, service and manufacturing industries as well as agriculture, according to new data from the Department of Labor."
USA Staffing Services:
Feeling like a bit of a broken record, repeating the mantra: going in the right direction. But eventually going in the right direction long enough can be a very good thing.
Over the coming months and years, more and more companies will rely on staffing firms to provide payrolling and other HR services, including recruiting. To gain a strategic advantage over your competitors, check out our Web site.
www.usastaffingservices.com
"U.S. initial claims for unemployment insurance fell to 429,000 in the week ended July 10 on a seasonally adjusted basis, down 29,000 from the previous week's revised figure of 458,000, the U.S. Department of Labor reported today.
Reuters reported that analyst had anticipated claims would fall only to 450,000.
The four-week moving average of claims for the week ended July 10 fell to 455,250, down 11,750 from the previous week's revised average of 467,000.
Jobless claims for the week ended July 3 were revised up to 458,000, an increase of 4,000 from last week's initially reported number. Initial unemployment for the week ended July 3 were still down 17,000 from the prior week.
Florida posted the largest decline in jobless claims in the week ended July 3, down 3,586, amid fewer layoffs in the construction, trade, service and manufacturing industries as well as agriculture, according to new data from the Department of Labor."
USA Staffing Services:
Feeling like a bit of a broken record, repeating the mantra: going in the right direction. But eventually going in the right direction long enough can be a very good thing.
Over the coming months and years, more and more companies will rely on staffing firms to provide payrolling and other HR services, including recruiting. To gain a strategic advantage over your competitors, check out our Web site.
www.usastaffingservices.com
Wednesday, July 7, 2010
Still heading in the right direction!
A nice little summary by Staffing Industry Analysts of the June employment data from the US Bureau of Labor Statistics.
"U.S. temporary help payrolls rose by 20,500 in June, according to seasonally adjusted numbers released today by the U.S. Bureau of Labor Statistics.
Total nonfarm payrolls fell by 125,000 to 137.5 million as the number of U.S. Census workers dropped by 225,000. However, the private sector added 83,000 jobs.
The unemployment rate fell to 9.5% in June from 9.7% in May.
U.S. temporary help payrolls totaled 2.1 million jobs in June with the increase of 20,500, according to the BLS. Temporary help payrolls had risen by 31,000 jobs in May and 23,300 in April based on revised numbers. The temporary help services category has added 379,000 jobs since the low of September 2009.
The temporary penetration rate rose to 1.61% in June from 1.59% in May. The number of temporary jobs in May was adjusted down by 3,200.
In June, the employment services category overall added 35,800 jobs for total employment of 2.8 million. The employment services category includes employment placement agencies, temporary help services, executive search services and professional employer organizations.
Healthcare added 9,000 jobs in June. It has gained 217,000 jobs over the past 12 months.
The transportation and warehousing category added 15,000 jobs in June, and is up by 44,000 since its low in February. Manufacturing added 9,000 jobs in June; it has gained 136,000 jobs since December 2009.
Construction employment fell by 22,000 jobs in June.
While employment in the private sector rose by 83,000 jobs in June to 107.7 million, it remained 7.9 million jobs below its December 2007 level."
USA Staffing Services:
Another positive month for the staffing industry. To gain a competitive advantage in this growing market, check out our Web site today.
http://www.usastaffingservices.com/
"U.S. temporary help payrolls rose by 20,500 in June, according to seasonally adjusted numbers released today by the U.S. Bureau of Labor Statistics.
Total nonfarm payrolls fell by 125,000 to 137.5 million as the number of U.S. Census workers dropped by 225,000. However, the private sector added 83,000 jobs.
The unemployment rate fell to 9.5% in June from 9.7% in May.
U.S. temporary help payrolls totaled 2.1 million jobs in June with the increase of 20,500, according to the BLS. Temporary help payrolls had risen by 31,000 jobs in May and 23,300 in April based on revised numbers. The temporary help services category has added 379,000 jobs since the low of September 2009.
The temporary penetration rate rose to 1.61% in June from 1.59% in May. The number of temporary jobs in May was adjusted down by 3,200.
In June, the employment services category overall added 35,800 jobs for total employment of 2.8 million. The employment services category includes employment placement agencies, temporary help services, executive search services and professional employer organizations.
Healthcare added 9,000 jobs in June. It has gained 217,000 jobs over the past 12 months.
The transportation and warehousing category added 15,000 jobs in June, and is up by 44,000 since its low in February. Manufacturing added 9,000 jobs in June; it has gained 136,000 jobs since December 2009.
Construction employment fell by 22,000 jobs in June.
While employment in the private sector rose by 83,000 jobs in June to 107.7 million, it remained 7.9 million jobs below its December 2007 level."
USA Staffing Services:
Another positive month for the staffing industry. To gain a competitive advantage in this growing market, check out our Web site today.
http://www.usastaffingservices.com/
Friday, July 2, 2010
Analysis - June Employment Report
Dirk van Dijk wrote a great analysis of the June employment report for Yahoo! FINANCE.
A couple interesting quotes:
"With total employment now 7.311 million below where it was when the recession started, even if we were to add 250,000 jobs per month (which is better than was averaged in the Clinton second term, one of the best periods for job creation in recent history) it would still take us more than 29 months to get back to the December 2007 level of jobs, or not until November 2012. It is far more likely that we will not see a new employment peak until 2014."
"Manufacturing employment had been in a secular decline for about the last 30 year or so. We have now seen manufacturing employment expand for six straight months. The last time the economy could make that claim was in March of 1998."
"Of particular interest is temporary employees. They are an important leading indicator of where the job market is going. After a recession when demand starts to pick up, employers are not really sure if it is going to last. Thus they are reluctant to bring on new full-time employees. The first thing they will do is work the remaining employees harder, particularly if they had previously cut back on the hours. The next step is to call up ... [a staffing firm] and bring on a temp. Only after the employer is more confident that the upturn is for real will he bring on a full-time permanent employee. In May, temporary workers rose by 20,500, on top of gains of 31,100 in May and 23,300 in April."
USA Staffing Services:
To gain a clear competitive advantage and start offering your clients a valuable temporary staffing service with no administration and NO RISK, check out our Website today:
http://www.usastaffingservices.com/
A couple interesting quotes:
"With total employment now 7.311 million below where it was when the recession started, even if we were to add 250,000 jobs per month (which is better than was averaged in the Clinton second term, one of the best periods for job creation in recent history) it would still take us more than 29 months to get back to the December 2007 level of jobs, or not until November 2012. It is far more likely that we will not see a new employment peak until 2014."
"Manufacturing employment had been in a secular decline for about the last 30 year or so. We have now seen manufacturing employment expand for six straight months. The last time the economy could make that claim was in March of 1998."
"Of particular interest is temporary employees. They are an important leading indicator of where the job market is going. After a recession when demand starts to pick up, employers are not really sure if it is going to last. Thus they are reluctant to bring on new full-time employees. The first thing they will do is work the remaining employees harder, particularly if they had previously cut back on the hours. The next step is to call up ... [a staffing firm] and bring on a temp. Only after the employer is more confident that the upturn is for real will he bring on a full-time permanent employee. In May, temporary workers rose by 20,500, on top of gains of 31,100 in May and 23,300 in April."
USA Staffing Services:
To gain a clear competitive advantage and start offering your clients a valuable temporary staffing service with no administration and NO RISK, check out our Website today:
http://www.usastaffingservices.com/
Listening to Giants: Valuable Indicators?
Seeking Alpha contributer Mariusz Skonieczny put together a very illuminating (well, at least, interesting) article this week. Illuminating, if his conclusions are true; interesting, if like listening to giants.
Working under the assumtion that if you analyze the quarterly investment reports of a the two largest conglamerates within the staffing industry, because they are hiring ALOT of temporary employees, you are going to get a good indication of the direction of the overall economy. So Skonieczny gathered the statements from both companies for the last couple years.
If these reports do indicate the direction of the overall economy, then we are going in the right direction -things are improving. Of course, only time will tell.
Still, always interesting to get a little insight from these two giants. And I do mean GIANTS; collectively these two companies have $20 billion annual revenue!
Really, you have to ask yourself: does your recruiting firm offer a better service then these two GIANTS? In other words, are they better recruiters than you are? Doubtful.
To gain a competitive advantage and start offering your clients a valuable temporary staffing service (with no administration and NO RISK), check out our Web site today:
http://www.usastaffingservices.com/
Working under the assumtion that if you analyze the quarterly investment reports of a the two largest conglamerates within the staffing industry, because they are hiring ALOT of temporary employees, you are going to get a good indication of the direction of the overall economy. So Skonieczny gathered the statements from both companies for the last couple years.
If these reports do indicate the direction of the overall economy, then we are going in the right direction -things are improving. Of course, only time will tell.
Still, always interesting to get a little insight from these two giants. And I do mean GIANTS; collectively these two companies have $20 billion annual revenue!
Really, you have to ask yourself: does your recruiting firm offer a better service then these two GIANTS? In other words, are they better recruiters than you are? Doubtful.
To gain a competitive advantage and start offering your clients a valuable temporary staffing service (with no administration and NO RISK), check out our Web site today:
http://www.usastaffingservices.com/
Tuesday, June 29, 2010
So how old is the staffing industry?
From Staffing Industry Analysts' contributor, Jon Osborne, a nice little corporate history lesson:
"'In 1347, plague swept across Europe, killing somewhere between a third to a half of the population. In its wake, it left a labor shortage of unprecedented proportion.
Landlords still had plenty of land, but now they had to compete with each other for labor. Wages went through the roof, the terms of employment gradually began to liberalize and then the unthinkable happened: 'In gaining more power, workers following the Black Death often moved away from annual contracts in favor of taking on successive temporary jobs that offered higher wages,' according to historians Simon A. C. Penn and Christopher Dyer of the University of Birmingham."
USA Staffing Services:
Makes you wonder about what groups (or individuals) saw the opportunity at hand and started recruiting, then supplying, available workers in response to the labor demand of the landlords. Obviously, they must have been an incredibly astute and savvy group!
To start offering your clients a 600 year old service, check out our Web site:
http://www.usastaffingservices.com/
"'In 1347, plague swept across Europe, killing somewhere between a third to a half of the population. In its wake, it left a labor shortage of unprecedented proportion.
Landlords still had plenty of land, but now they had to compete with each other for labor. Wages went through the roof, the terms of employment gradually began to liberalize and then the unthinkable happened: 'In gaining more power, workers following the Black Death often moved away from annual contracts in favor of taking on successive temporary jobs that offered higher wages,' according to historians Simon A. C. Penn and Christopher Dyer of the University of Birmingham."
USA Staffing Services:
Makes you wonder about what groups (or individuals) saw the opportunity at hand and started recruiting, then supplying, available workers in response to the labor demand of the landlords. Obviously, they must have been an incredibly astute and savvy group!
To start offering your clients a 600 year old service, check out our Web site:
http://www.usastaffingservices.com/
Friday, June 25, 2010
So how many staffing firms are there?
Staffing Industry Analysts contributor, Jon Osborne, took some time to publish this interesting data.
In 2002, there were an estimated 9,124 staffing firms.
In 2007, there were an estimated 10,600 staffing firms.
Currently, there are an estimated 8,500 staffing firms.
These figures would represent "the lowest numbers since the 1990s."
USA Staffing Services:
So, if you are one of the survivors ... Congrats! Looks like you have a bright future: Increased market share (less competition) in a growing market. Well played.
Check out our Web site to see how we can assist you as you move forward.
http://www.usastaffingservices.com/
In 2002, there were an estimated 9,124 staffing firms.
In 2007, there were an estimated 10,600 staffing firms.
Currently, there are an estimated 8,500 staffing firms.
These figures would represent "the lowest numbers since the 1990s."
USA Staffing Services:
So, if you are one of the survivors ... Congrats! Looks like you have a bright future: Increased market share (less competition) in a growing market. Well played.
Check out our Web site to see how we can assist you as you move forward.
http://www.usastaffingservices.com/
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