Employment Rebound Report

Rebound
After weathering four arduous years of lowered demand and a 28% loss of jobs, the U.S. staffing industry rebounded to its prerecession employment and sales levels in 2004, ending the year with accelerating double-digit annual growth rates.
The upward trajectory is likely to continue for years to come, with 2005 on pace to be the third consecutive year of double-digit growth. And the U.S. Bureau of Labor Statistics predicts that more jobs will be created in personnel supply services (which includes staffing) than in any other industry in this decade, and that it will be the fifth fastest-growing industry through 2012.
Read about the industry’s comeback, as well as the indicators that suggest continued increases in demand, in the ASA 2005 annual economic analysis of the staffing industry. It’s available in the “staffstats” section of www.staffingtoday.net and is featured as the cover story of the May-June issue of Staffing Success magazine.
Also in the magazine: Read the results of the national poll of businesses conducted for ASA. U.S. staffing companies are giving customers what they want: flexibility and access to talent. But could they do better?
And meet a staffing professional who, at a moment’s notice, pulled off a monumental task: assembling a hospitality crew for one of the biggest events of the year in the nation’s capital.
The latest issue of Staffing Success was mailed to ASA members last week. Back issues are available on the Publications & Products page of the “memberserv” section of www.staffingtoday.net.
Luanne Crayton