The staffing Industry is projected to be the fifth fastest growing industry over the next 10 years.

Facts:

• Over 90% of U.S. businesses use staffing services
  
• 71% of employers cite labor force flexibility as the #1 reason for using temporaries
  
• 79% of temporaries work full-time
  
• 75% of temporaries transition to direct employment as a result of their staffing assignments

Source: American Staffing Association

Staffing Trends

10% Annual Industry Growth

For the third decade in a row, the staffing industry has been one of the fastest growing industries. Following a decade of double-digit growth, the industry continues to be strong and is "ideally situated to provide flexibility to employees and companies in this fast paced, service-oriented, knowledge based economy." *

250% Workforce Growth

The new economy includes the paradox of layoffs and new job creation. The workforce is churning. AMA reports that 70% of the layoffs are a result of restructuring and reengineering. In this new economy, the staffing industry is increasingly providing a bridge to fulltime employment and a safety net for those who have been affected by layoffs. The temporary workforce has grown 2 and 1/2 times for the second decade in a row.*

300% Revenue Growth

Revenue has more than tripled in the past decade. This growth follows a decade of quadrupled revenues.

98% of Companies Depend on Temporary Help

The US Chamber of Commerce reports that over 98% of companies use temporary help as a part of management strategy. The American Staffing Association reports that the most frequent usage is due to one of four critical factors:

• Assistance needed in a time of increased business.
• Fill in for employee on leave.
• Maintain productivity until vacant position is filled.
• Special Projects or seasonal fluctuations in business.

* Source: American Staffing Association