U.S. staffing companies employed an average of almost 2.2 million temporary and contract workers per week in the second quarter of 2024, according to data released today by the American Staffing Association—down 44,000 jobs from the first quarter of 2024. Staffing sales reached a total of $31.0 billion in the second quarter of 2024, marking a 1.6% decline from the first quarter and a 13.8% decline from the previous year. As seen in 2023, this contraction bucks the seasonal trend of consistent sequential growth within the staffing industry from the second to fourth quarters of the year. Private staffing companies remain cautious about the future, expecting their fourth quarter revenue to be essentially flat (a median -0.4%) year-to-year, and their full year 2024 sales to be down a median 3.2% compared with 2023.
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September 30, 2024
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The ASA Legal Line monthly video series features a member of the association’s legal team and addresses critical legal, regulatory, and legislative topics that have direct implications for your business. In the latest installment, ASA vice president of government relations Toby Malara, Esq., discusses some key things employers need to keep in mind during this election season. He also shares details about a new, one-of-a-kind event to thank our StaffingPAC All-Star and Industry Leader contributors at Staffing World® this year: StaffingPAC 2024: An Evening With Industry Luminaries. If you’ve never contributed to StaffingPAC before, you’ll find out how you can attend this exclusive event and learn more about the PAC and its importance to the industry. Watch the latest ASA Legal Line video, then join the conversation on ASA Central. The ASA Legal Line monthly video series is sponsored by Essential StaffCARE, an ASA corporate partner. ASA stands with the families and communities who have been devastated by the effects of Hurricane Helene. The community of ASA member staffing firms, supplier companies, and allies is a powerful one that has collectively helped each other in times of need. See americanstaffing.net/hurricane-relief for one-click access to the American Red Cross efforts, United Way Disaster Relief and Recovery Fund, and other organizations that are providing help to hurricane victims right now.
ASA Corporate Partners
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. |
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