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 last two weeks of June has remained at 95. In the four week average, staffing jobs have remained steady at a value of 94. There was a 2.6% decrease compared to the same time period in 2018.
Source: American Staffing Association
In June, total nonfarm payroll employment increased by 224,000. The sectors with the most growth included professional and business services, health care, and transportation and warehousing.
The BLS also reported June average hourly earnings for nonfarm payroll rose $.06 to $27.90. Over the course of the last year, average hourly earnings have increased by 3.1 percent.
Source: Bureau of Labor Statistics
At TCI Business Capital, we want to help your business succeed. Subscribe to our email to stay up to date on what’s going on in the staffing world.
Since 1994, TCI Business Capital has provided payroll funding solutions to staffing agencies across the United States. 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.