BLS: Temporary Staffing Employment Grows In May

  • Posted by: J. Kent Gervasini |
  • 6/2/17 |
  • 12:16 AM
  • 377 Views
BLS: Temporary Staffing Employment Grows In May


Temporary Help Up 4.9% From a Year Ago, Continuing Robust Pace of Growth

Temporary help employment grew 0.4% from April to May, and was 4.9% higher than in May 2016, according to seasonally adjusted data released today by the U.S. Bureau of Labor Statistics: 


 

  • Year-to-year staffing job growth has averaged 3.9% per month in the first five months of 2017, significantly higher than the average of 1.4% for full year 2016.
  • Nonseasonally adjusted BLS data, which estimate the actual number of jobs in the economy, indicated that temporary help employment increased 2.5% from April to May.
  • Year-to-year, there were 4.8% more staffing employees in May than in the same month last year.
    Total U.S. nonfarm payroll employment increased by 138,000 jobs in May (seasonally adjusted), BLS reported. Incorporating revisions for March and April, job gains averaged 121,000 per month over the past three months, less than the average of 181,000 for the 12 months ending April 2017.

Temporary Help Employment
Temporary help employment includes short and long term temp jobs, temp-to-hire job opportunities as well as payroll services jobs that provide strategic benefits, eliminate payroll administration and tax reporting headaches for the Denver employer. 

Search and Placement Services - Also Edged up 0.2% in April 2017
BLS also released preliminary April employment data for search and placement services, which, seasonally adjusted, edged up 0.2% from March. Search and placement jobs totaled 294,000 in April, 0.5% lower than in the same month last year. 

Unemployment Rate of 4.3% Lowest Since May 2001
The unemployment rate declined by 0.1 percentage point to 4.3% in May, the lowest percentage since May 2001.

Recruiting Qualified Candidates Is a Growing Challenge Across Several Sectors
“With the total labor force declining by 429,000 people in May, staffing firms report that recruiting qualified candidates is a growing challenge across several sectors,” said Richard Wahlquist, president and chief executive officer of the American Staffing Association. “This means that as we head into the summer, job seekers should find they have more flexible and permanent employment options.”  See our 05/04/2017 Blog - 74% of Employers Plan to Hire Recent College Graduates in 2017


The Information Provided Does Not Constitute Legal Advice
J. Kent Staffing is a Denver temporary staffing agency and has a world-wide audience.  Emloyment
laws and regulations vary from state to state and country to country.  
Therefore, employers, temporary
staffing agencies, and direct hire recruiting firms should consult their own labor or employment law
attorneys with additional questions or for guidance and more information specific to their
country, state and workplace.


Source:  Amercian Staffing Association and Bureau of Labor Statistics
 


www.JKentStaffing.com

 

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