Staffing employment up almost 6% from last year
June 15, 2015
Temporary help services grew by nearly 20,000 year-over-year in recent numbers released by the Bureau of Labor Statistics.
The May job report just released, states staffing employment was up .7 percent from April and 5.8 percent from May of 2014 – further proving staffing firms are able to find unemployed professionals new opportunities within their desired fields.
“While the staffing industry is the first to feel the pain of economic downturns we are also the first to recover due to companies turning to us to provide contingent staffing as the economy recovers,” said Keith Anderson, Managing Director of the DISYS Atlanta office.
Digital Intelligence Systems, LLC (DISYS), an IT and Financial Services staffing firm based in McLean Virginia, has offices worldwide that are, on a daily basis, putting people back to work with companies who can utilize their highly-specialized skills and services.
Nonseasonally adjusted BLS data for May, according to the American Staffing Association, which estimates the actual number of jobs in the economy, indicated temporary staffing employment increased 2.8 percent from April to May. Year-to-year, there were 6.4 percent more staffing employees in May than in the same month last year.
“Businesses continue to turn to staffing firms for flexible workforce solutions and access to talent,” said Richard Wahlquist, President and Chief Executive Officer of the American Staffing Association. “That’s good news for job seekers looking to bridge to new employment opportunities.”
Anderson agrees, stating what we are seeing now is a wider growth across all segments of staffing.
“Gains (post financial crisis) were concentrated in Information Technology and other ‘highly skilled’ segments of our industry,” Anderson said. “What we are witnessing now is larger-based growth across the staffing industry as the broader labor market and labor participation rates continue to recover and grow.”
The BLS report also says total US nonfarm payroll employment rose by 280,000 jobs in May (seasonally adjusted). And while the unemployment rate ticked up slightly to 5.5 percent in May (up .1 percent from April), the data shows monthly job gains averaged 207,000 over the past three months.
Note: If you are looking for temporary, contract or permanent placement employees, DISYS has an extensive talent pool of IT/Tech/Finance professionals. Our domestic and international network of offices allows us to respond quickly to even the largest requests, identify resources unknown to other firms, and deliver clockwork deployment. DISYS provides IT Staffing focused on quickly placing individuals with highly-specific skillsets that perfectly fit your IT needs. The firm also specializes in Business and Professional Staffing, utilizing a broad network of job seekers and proven recruiting processes to meet your specific staffing needs.