BLS: Strong Employment Gains for Staffing in April
Seasonally adjusted employment data released Friday by the U.S. Bureau of Labor Statistics indicate that staffing firms added 30,800 new jobs from March to April (up 1.2%). In a year-to-year comparison, temporary help employment for the month was 7.4% higher than in April 2012.
Nonseasonally adjusted BLS data, which estimate the actual number of jobs in the economy, indicated that the staffing industry added 59,400 new jobs (up 2.3%) from March to April of this year. On a year-to-year basis, there were 7.6% more staffing employees in April than in the same month last year.
“American businesses continue to be very strategic about when and how to increase the size of their work forces,” says Richard Wahlquist, president and chief executive officer of the American Staffing Association. “Flexible staffing solutions are an important tool during the current period of moderate economic growth.”
Overall U.S. nonfarm payroll employment increased by 165,000 jobs in April, and the unemployment rate edged down from 7.6% to 7.5%.
Employment growth in the economy was mostly driven by new job creation in professional and business services (+73,000), food services and drinking places (+38,000), retail trade (+29,000), and health care (+19,000).
AMN Healthcare Announces First Quarter 2013 Results
AMN Healthcare Services News Release
AMN Healthcare Services Inc. reported revenue of $252 million for the first quarter of 2013, up 11% from $226 million during the same period last year. The company’s net income was $7.6 million, up from $4.3 million in the second quarter of 2012. Revenue was $177 million for its nurse and allied health care staffing segment, up 15%; $65 million for its locum tenens staffing segment, up 3%; and $10 million for its physician permanent placement services segment, up 10%.
Staffing Firm Compliance With Affordable Care Act: Key Questions Answered
Mintz Levin Employment, Labor, and Benefits Advisory
(04/30/2013) Alden Bianchi; Ed Lenz
When it comes to complying with the Affordable Care Act’s employer shared responsibility rules starting in 2014, staffing firms face particular challenges owing to their large numbers of variable hour and contingent workers, historically high rates of turnover, limited assignment tenure, and low take-up rates where health care coverage is offered. This advisory addresses five questions staffing firms may have about the employer shared responsibility rules: what the rules are, what the compliance challenges are, how temporary workers assigned to clients are treated under the rules, how to find a carrier to underwrite coverage, and how to satisfy the obligation to provide coverage.
April Job Cuts Hit Lowest Level Since December 2012
Society for Human Resource Management
(05/02/13) Theresa Minton-Eversole
A new report by Challenger, Gray & Christmas Inc. shows that April job cuts totaled 38,121, down 23% from March and 6% year-over-year—the lowest level reported since December 2012. During the first four months of the year, 183,162 job cuts were announced, down just 0.27% from 183,653 job cuts in the same period last year. According to John Challenger, chief executive of Challenger, Gray & Christmas, “The economic slowdown that began late in the third quarter [of 2012] and [that] is expected to turn into another summer slump has yet to result in increased or widespread downsizing.” The sectors cutting the most jobs in April were retail, health care, industrial goods, transportation, and aerospace and defense.
Welcome New ASA Members
Please join the ASA board of directors and staff in welcoming the following new members, which joined during the week of April 22.
AP Staffing Solutions
Choice Counsel Inc.
Colby Resources Inc.
Drake Staffing & Search Group
Des Moines, IA
Global Personnel Inc.
Monument Staffing Inc.
Priority Staffing USA
Las Vegas, NV
Quality Support Services
New Orleans, LA
Temporary Staffing by Suzanne Ltd.
New York, NY