Three years after the Covid-19 pandemic began, US staffing firms can be proud of the role they have played in supporting and growing the US economy through a turbulent period. The US staffing industry soared 32% in 2021 and 14% in 2022 to reach an extraordinary $212 billion, according to SIA’s September 2022 US Forecast, […]
Staffing has always been a fast-paced industry. Nowhere is this more true than in the continual stream of technology innovations that empower staffing firms to reach new heights — or, at the very least, to keep up with the competition.
And while many individuals choose a career in the staffing industry because of their skills and […]
The use of vendor management system technology and managed service provider services has become increasingly widespread at midsize to large enterprises over the past decade. As a result, a key strategic concern for many staffing companies is not only how to delight the underlying enterprise client, but also how to partner effectively with that client’s […]
Matching millions of candidates with millions of job openings is at the heart of the value proposition offered by staffing, recruiting and talent acquisition professionals collectively. Making a suitable match is such a simple idea in concept, but in practice it can quickly become complex and toilsome for employers to achieve their goals of filling […]
With more than 800,000 Americans working as drivers via Uber and Lyft in a given year, the “gig economy” has clearly established a foothold in today’s economy. And although the concept may still seem novel, what if the massively flexible, on-demand nature of the gig economy could be expanded to the broader world of work?
BlueCrew […]
Recent trade tensions notwithstanding, Canada and the United States maintain a high level of economic interactivity due to shared cultural, political and economic practices, as well as the geographic proximity that comes with roughly 5,500 miles of shared border. As a result, those familiar with the US staffing industry may wonder how closely the Canadian […]
A s the US economy powers along, aided by the Tax Cuts and Jobs Act passed at the start of the year, the environment continues to be broadly favorable for most skill segments of the staffing industry. This article examines the findings of SIA’s most recent biannual US Staffing Industry Forecast report for insights on […]
As US manufacturing firms have expanded operations and increased their headcount over the past year, it is not surprising that use of overtime hours has also grown, as firms scramble to keep their operations running smoothly around the clock, handle spikes in demand, or fill in for absences or vacancies in their workforce. The uptick […]
The largest operating expense for staffing companies is the remuneration paid to their staff, as is this case for most professional services firms. Total personnel expense for US staffing firms ranges from 52% to 56% of gross profit dollars, according to recent rounds of Staffing Industry Analysts’ SIBC benchmarking study. Avoiding systemic overpayment is thus […]
Since the great recession, the industrial segment of the US temporary staffing market has nearly doubled in size to reach an estimated $33 billion this year, according to our most recent forecast. After a strong run of expansion, the market declined in 2016 and the projected growth rate for 2017 and 2018 is a modest 2%, […]
