Sunday, June 26, 2011

Temp Staffing Index Continues to Rise

Staffing Index Turns Upward, May 2011
The Canadian staffing index — a measure of temporary staffing in Canada — edged up one point to 85 in May, the Association of Canadian Search, Employment and Staffing Services (ACSESS) reported Thursday.

The news is mixed from sector-to-sector, according to ACSESS President Bryan Toffey. “We’re still seeing some shutdowns and lower hours worked in manufacturing, particularly with respect to the automotive segment. Despite this, the demand for services remains strong, keeping the total number of hours worked per day on the rise.”

The index has demonstrated consistent long-term growth, said Robert Balicki, research associate with Staffing Industry Analysts, which produces the Canadian staffing index in conjunction with ACSESS. “Though the [May] gain was small, year-over-year growth was 8 percent. This is the sixteenth month of uninterrupted year-over-year gains, truly a good sign for the Canadian temporary staffing industry and the overall economy.”

The staffing index measures the hours of labor performed by temporary and contract staff in May of 2011 compared to the benchmark index of 100 established in July of 2008.

1 comment:

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