Blog

The SIA Announces Release of New Staffing Indicator

Back to listing
Posted by: David Garcia April 22, 2021
Topics:

At ScoutLogic, we think it’s important to stay on top of trends so you can be prepared for industry changes, challenges, and opportunities. With that in mind, we wanted to share a recent article put out by Staffing Industry Analysts (SIA)  announcing the release of the “Bullhorn Staffing Indicator”. This unique tool gauges current weekly trends in the volume of temporary staffing delivered by US staffing firms. 

Wow, that sounds pretty neat! 

How is this useful to staffing firms?

This tool will allow firms to benchmark their performance and forecast industry trends and outlook.  The Indicator comprises metrics representing total US Staffing (total market), Professional Staffing (IT, healthcare, finance, engineering, etc.), and Commercial Staffing (light industrial and office/clerical).

Additional information on the data and detailed methodology can be found on Bullhorn and SIA’s websites.

Year-over-year change in the US staffing, professional staffing, and commercial staffing weekly hours worked.

SBSI-210408-Press-Release-Chart-1

“Reflecting the number of hours worked per week by US temporary workers, the Indicator is a joint custom research initiative produced weekly by SIA and Bullhorn. Bullhorn provides anonymized, aggregated data based on hours worked at a variety of staffing firms, and SIA has developed a comprehensive methodology for publishing the Indicator. “

We wanted to share this news with our clients, staffing & recruiting partners, and anyone it can be helpful for.

For more detailed information, check out the full press release at SIA’s website.

How ScoutLogic Can Help

We want to make sure you stay in the know, so you can stay ahead of trends and your competition. We personally assemble a great collection of tools, articles, and news each month. If you’re looking to stay up to date on current news in the industry, and receive helpful guides & articles, sign up for our newsletter

Or you can follow us on social for updates:

Facebook logo     Linkedin logo      Twitter logo

 
Latest blog posts
January 06, 2023
HEALTHCARE JOBS AND CRIMINAL RECORD CHECKS
Criminal record checks are a standard part of the hiring process in most industries, but they're nearly universal in the medical field. Those who work in healthcare tend to the lives of the...
January 06, 2023
WHAT KIND OF BACKGROUND CHECK DOES FINRA DO?
The Financial Industry Regulatory Agency (FINRA) is a non-governmental organization that the Securities and Exchange Commission appoints to oversee exchange markets and brokerage firms. Federal...
January 06, 2023
WHAT ARE THE COSTS OF A BAD HIRE?
The costs of a bad hire can be tremendous. According to the U.S. Department of Labor in 2021, the financial costs can be up to $240,000. Earlier DoL research showed the financial costs can...
December 22, 2022
PSP VS. MVR: WHAT’S THE DIFFERENCE?
For hiring managers and recruiters, the pre-screening process is just as critical to company success as hiring and onboarding.  Lack of pre-screening increases the risk of a bad hire, which...
December 22, 2022
WHAT ARE EMPLOYMENT CREDIT CHECKS?
Job seekers know the headache that can come with looking for employment. But they aren't the only ones with stress on their plates during the job search and hiring process. Employers, too, have...
Looking for a better background check company? Start by preparing with this free guide.

Download this free guide to go into the searching process prepared. This guide includes actionable steps to:

  • Gather your requirements
  • Determine vendors
  • Check references
  • Determine success metrics
get a free e-book

Get a free e-book