Articles

  • Jan 7, 2025 | staffingindustry.com | Michael Schultz |Timothy Landhuis

    Event: The December Employment Situation, released today by the US Bureau of Labor Statistics (BLS), indicates that total nonfarm employment rose by +256,000 in December on a seasonally adjusted basis, while temporary help services employment increased by +5,300 jobs. The temporary agency penetration rate was 1.67% in December, unchanged from a revised 1.67% in November. The national unemployment rate was down slightly, at 4.09% compared to a revised November rate of 4.23%.

  • Dec 6, 2024 | staffingindustry.com | Michael Schultz |Timothy Landhuis

    Event: The November Employment Situation, released today by the US Bureau of Labor Statistics (BLS), indicates that total nonfarm employment rose by +227,000 in November on a seasonally adjusted basis, while temporary help services employment increased by +1,600 jobs. The temporary agency penetration rate was 1.66% in November, unchanged from a revised 1.66% in October. The national unemployment rate increased to 4.25% compared to a revised October rate of 4.15%.

  • Nov 19, 2024 | staffingindustry.com | Michael Schultz

    Michael Schultz joined Staffing Industry Analysts (SIA) in March 2022 as a research analyst, providing dedicated coverage of industrial staffing. Schultz’s duties expanded to include coverage of the Canadian staffing industry, managing the Staffing Industry Benchmarking Consortium Survey, and several smaller reports such as the Staffing Executive Compensation Analysis as well as SIA’s monthly US Jobs Report articles.

  • Sep 18, 2024 | staffingindustry.com | Michael Schultz

    Several staffing firms have expressed concern that increased illegal immigration, combined with cost-exhausted clients, may be enabling unethical competitors to engage in illegal employment activities. That could result in a loss of business and contribute to the ongoing downturn in the staffing industry.

  • Sep 10, 2024 | staffingindustry.com | Michael Schultz |Timothy Landhuis

    Event: The September Employment Situation, released today by the US Bureau of Labor Statistics (BLS), indicates that total nonfarm employment rose by +254,000 in September on a seasonally adjusted basis, while temporary help services employment declined by -13,800 jobs. The temporary agency penetration rate was 1.68% in September, down from a revised 1.69% in August. The national unemployment rate decreased to 4.1% from an August rate of 4.2%. Employment expanded in most industry groups.

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