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Consultants To You News

8/30/10

Staffing Employment Posts Dramatic Growth in Second Quarter

U.S. staffing companies reported strong growth in the number of temporary workers employed in the second quarter of this year, compared with the same period last year, according to survey data released today by the American Staffing Association.

America's staffing companies employed an average of 2.4 million temporary and contract workers per day from April through June. That's an increase of 23.3% from the same quarter last year and an improvement of 18.0% over staffing employment reported for first quarter of 2010.

"Even as the pace of economic growth slowed, staffing firms added 360,000 new jobs during the second quarter," says ASA president and chief executive officer 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."

Staffing sales in the second quarter of this year totaled $16.9 billion, according to ASA survey results—a 32.8% increase over the same period last year. This is the largest year-to-year percentage increase recorded since ASA began tracking industry sales on a quarterly basis in 1992.

Alexandra Karaer