A record number of people are employed by staffing companies in the second quarter, a trade group says.
By Garry Kranz Comments 0 | Recommend 0
Staffing Firms Stock Up: The business of finding talent is big business indeed. According to the American Staffing Association, a
trade group in Alexandria, Virginia, the U.S. staffing industry set a record by
employing 3 million people during the second quarter of 2007. That includes
about 3,000 more people than were employed during the second quarter of 2006.
The provision of temporary help accounted for $18.5 billion, a gain of 2.3
percent from 2006 and nearly 6 percent higher than the first quarter of 2007.
Even so, sales have been declining since double-digit increases were posted
three years ago. For 2007, sales growth was lower than the 3.4 percent forecast
by the federal Bureau of Economic Analysis.
Workforce Management contributing editor Garry Kranz is based in Richmond, Virginia. E-mail editors@workforce.com to comment.
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