Stay updated on the latest staffing industry trends through our monthly staffing update and on our staffing industry news page.
The American Staffing Association’s Staffing Index for the four weeks ending December 9 is showing an index of 101. Staffing jobs increased 2.3 % year to year, compared to the same four weeks in 2017.
The ASA also reports staffing employment in the 3rd quarter of 2018 averaged 3.22 million per week, a 0.1% increase over the same quarter in 2017.
Source: American Staffing Association
The Bureau of Labor Statistics reports the unemployment rate for November continued to hold steady at 3.7%, continuing a 49 year low. The report shows total nonfarm payroll employment increased by 155,000 jobs. Job growth in November occurred in healthcare, manufacturing, and transportation and warehousing. The BLS also reported temporary help employment increased slightly between October and November and is 2.86% higher than one year ago.
Source: Bureau of Labor Statistics
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Since 1994, TCI Business Capital has provided payroll funding solutions to staffing agencies across the United States and Canada. Payroll funding pays you immediately on your invoices, so you’ll be able to meet payroll, accept more contracts, and grow your agency. Visit our payroll funding page to learn more about our services.