MISSISSAUGA, ON, April 26 /CNW/ - The Association of Canadian Search,
Employment and Staffing Services (ACSESS) released the Canadian
Staffing Index for March 2011.
The March Index rose to 94, representing a 17 point leap from February,
and driven by strong month-over-month growth in all industry sectors.
Each year the March Index has been higher than February; however, this
is the biggest one month increase since the Index started in July of
The jump represents a 21% increase in hours reported against the
previous month. If the Holiday period for December and January is taken
into consideration and combined with the fact that February was a short
month for available work days (only 19 days in most provinces), this
result brings the industry back in line with the slow recovery
experienced up to November.
ACSESS PR & Communications Chair, Kevin Dee notes - "It is a bit of a
relief to see the index return to its upward trajectory, with what is
the biggest single month increase since the Index began almost three
years ago. It is worth noting the Index is not seasonally adjusted, and
this increase, while substantial, is in line with the recovery in the
Canadian economy. Overall it is good news, and a very positive sign for
The Canadian Staffing Index demonstrates a close correlation between
staffing industry hours worked and the state of the economy. ACSESS
President Bryan Toffey expects "continued industry growth in the months
ahead" which means a healthy Canadian economy and further job creation.
About the Canadian Staffing Index:
The data collected for the Canadian Staffing Index is the largest sample
size ever collected in Canada. An Index value of 94 measures the hours
of labour performed by temporary and contract staff in October 2010
compared to the benchmark index of 100 established in July 2008.
ACSESS shares this valuable information with the business world as this
data is indicative of the current employment landscape and provides
future insight to economic development.
ACSESS is the single voice for promoting best practices and ethical
standards for the recruitment, employment and staffing services
industry in Canada. For more information visit: www.acsess.org
About Staffing Industry Analysts
Staffing Industry Analysts is the premier research and analysis firm
covering temporary employment and the contingent workforce. Known for
its independent and objective insights, the company's proprietary
research, data, support tools, publications and executive conferences
provide a competitive edge to decision-makers who supply and buy
temporary staffing. In addition to temporary staffing, Staffing
Industry Analysts also covers these related staffing sectors: third
party placement, and staff leasing (PEOs). Founded in 1989, the
company is headquartered in Mountain View, California. For more
information visit: www.staffingindustry.com
SOURCE ACSESS - Association of Canadian Search, Employment and Staffing Services
For further information:
contact Amanda Curtis, Executive Director 905-826-6869/1-888-232-4962