June 15, 2023

Staffing Employment Undergoes Dip in First Quarter

U.S. staffing companies employed an average of 2.6 million temporary and contract workers per week in the first quarter of 2023, according to data released today by the American Staffing Association—down about 310,000 from the fourth quarter of 2022.

“While labor markets remain healthy, macroeconomic concerns resulted in a slowdown in demand for temporary and contract labor in the first quarter,” said Richard Wahlquist, ASA president and chief executive officer. “Although staffing employment is down from last year’s highs, staffing demand remains above pandemic levels and the staffing industry remains poised to meet the needs of a resilient labor market.”

On a quarter-to-quarter basis, staffing employment and sales typically decline in the first quarter, grow in subsequent quarters, and peak in the fourth quarter. That seasonal pattern was evident to start the year, however, with a slowing economy, staffing jobs contracted by more than usual—declining by 10.8% from the fourth quarter of 2022 to the first quarter of 2023—and staffing sales declined by 8.6%.

Year-to-year, staffing jobs declined 6.5% in the first quarter of 2023 from the same period in 2022, while temporary and contract staffing sales decreased 1.5% over that span to total $37.4 billion in the first quarter of 2023.

Staffing companies continue to foresee growth in 2023, as they expect their third-quarter revenue to grow 3.0% year-to-year and project full-year 2023 sales to expand 2.1% compared with 2022.

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Upcoming Events

ASA Awards Nominations Due Tomorrow

What makes your company exceptional? Share your success stories and get an edge on the competition—the deadline to submit entries for ASA awards programs has been extended to June 16. Submit your entries today for the ASA National Staffing Employee of the Year and Sector All-Stars (which is sponsored by StaffPRO3, a division of PMC Insurance Group), the ASA Elevate Awards, and ASA Care Awards.

Award recipients will be celebrated during Staffing World®, the ASA annual convention and expo, Oct. 3-5 in Charlotte, NC; featured in ASA publications; and spotlighted on the ASA website, in national news media outreach, and in social media campaigns. There are no fees to enter.

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Savings End Tomorrow—Register for Staffing World Now

Staffing World®, the ASA annual convention and expo, will bring together the brightest minds in the staffing community—plus energizing keynote speakers Mike Krzyzewski (known to fans as “Coach K”)—the coach of Duke University men’s basketball team who led Team USA to three Olympic gold medals—and Dominique Dawes, the U.S. Olympic gymnast and gold medalist, business owner, health and wellness advocate, and sports ambassador. The opening keynote presentation is sponsored by World Wide Specialty Programs.

Whether you’re a recruiter, human resource professional, or business owner, you’ll find valuable insights, networking opportunities, and inspiration to accelerate your firm’s growth. The early registration rate has been extended through June 16, so visit staffingworld.net to register now—after tomorrow, rates will increase.

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Plan for These Free ASA Webinars Happening This Month

The next few weeks will offer more opportunities for free education from ASA. These upcoming ASA webinars can help you improve your firm’s diversity efforts, track industry trends, and more.

June 20—”Equity vs. Inclusion: Why Equity Is Important
Having a comprehensive diversity, equity, and inclusion strategy can improve talent attraction and retention. But diversity, equity, and inclusion are not the same thing—and Audra Jenkins, SPHR, SHRM-SCP, CDE, of Randstad will discuss why a focus on equity can help an organization thrive.

June 27—”ASA State of the Industry Webinar Series—Second Quarter Update for Staffing Professionals
Learn about important trends and legislative developments affecting the industry, so your firm can stay the course and outpace the competition, in the year’s second ASA State of the Industry webinar—presented by ASA and ClearlyRated, the association’s satisfaction survey partner.

All ASA webinars are free for ASA members, and most qualify for continuing education hours toward ASA certification renewal. To learn more and to register, visit americanstaffing.net.

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The Latest From Your Colleagues on ASA Central

ASA Central—the dynamic online community just for staffing professionals—is home to more than 27,000 staffing professional profiles and countless ongoing industry conversations.

This week, take a look at your colleagues’ discussions and some of the blogs they’ve posted on ASA Central:

Get involved with the community—update your profile today so you can network with colleagues, join a section community, recommend and comment on your colleagues’ posts, and share your own blog or discussion post. Log in to ASA Central now.

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Staffing Today is published by the American Staffing Association, with news abstracts copyrighted in 2024 by SmithBucklin of Chicago, IL, and all other content copyrighted in 2024 by ASA. No part of this publication may be reproduced without permission.

About ASA

The American Staffing Association is the voice of the U.S. staffing, recruiting, and workforce solutions industry. Learn more at americanstaffing.net.

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