Staffing Employment Up 6.7% From a Year Ago
Temporary help employment showed little change from December 2014 to January 2015 (-0.1%), and was 6.7% higher than in January 2014, according to seasonally adjusted data released today by the U.S. Bureau of Labor Statistics. Year-to-year staffing job growth averaged 5.7% in 2014, compared with 4.9% in 2013, including the impact of the annual BLS benchmark process.
Nonseasonally adjusted BLS data, which estimate the actual number of jobs in the economy, indicated that temporary help employment decreased 7.4% from December 2014 to January 2015, better than the 15-year seasonal average decline of 8.4%. Year-to-year, there were 7.2% more staffing employees in January than in the same month last year.
“Staffing firms are reporting that favorable labor market trends continued in January across most sectors”, said Richard Wahlquist, president and chief executive officer of the American Staffing Association. “The January jobs report confirms that the economy is growing, as are more and better employment opportunities for U.S. workers.”
Total U.S. nonfarm payroll employment rose by 257,000 jobs in January (seasonally adjusted), BLS reported. Incorporating revisions for November and December, monthly job gains averaged 336,000 over the past three months. In 2014, job growth averaged 260,000 per month.
The unemployment rate was relatively unchanged in January at 5.7%, up from 5.6% in December.
BLS also released preliminary December employment data for search and placement services. Seasonally adjusted, employment increased 0.4% from November to December, totaling 314,600, and was 11.0% higher than in December 2013.
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The American Staffing Association is the voice of the U.S. staffing, recruiting, and workforce solutions industry. ASA and its state affiliates advance the interests of the industry across all sectors through advocacy, research, education, and the promotion of high standards of legal, ethical, and professional practices. For more information about ASA, visit americanstaffing.net.