Canada's Staffing Index shows continued economic recovery

ACSESS members see growth in April hours worked

MISSISSAUGA, ON, May 18 /CNW/ - With the release of the Canadian Staffing Index for April, 2011, the Association of Canadian Search, Employment and Staffing Services (ACSESS) is reporting continued recovery for the Canadian staffing industry.

"While April's Index score of 84 is a ten-point drop-off from March, the decrease in the number of hours worked for the month corresponds directly with a decrease in the total number of work days," clarified ACSESS President, Bryan Toffey. "When you adjust for the number of work days, you'll see that April was actually a month with decent growth in hours worked per day."

Based on the same line of reasoning, Toffey anticipates that May's Index score will likely fall somewhere between those of March and April. "With one more working day than April and two less than March, I would expect that May's reading - with a little nudge of economic growth - will split the difference."

Staffing Industry Analysts (SIA), the research and analysis firm behind the Canadian Staffing Index, also made reference to the strong correlation between staffing hours worked and the state of the economy. SIA Research Associate, Robert Balicki, noted that, "the Index continues to show year-on-year growth, indicating a consistent recovery for both the Canadian temporary staffing industry and the overall economy."

An Index score of 84 measures the hours of labour performed by temporary and contract staff in April of 2011 compared to the benchmark index of 100 established in July of 2008.

About ACSESS
ACSESS is the single voice for promoting best practices and ethical standards for the recruitment, employment and staffing services industry in Canada. Each month, ACSESS publishes the results of the Canadian Staffing Index, an independent survey conducted by Staffing Industry Analysts. The data collected for the Canadian Staffing Index is the largest sample size ever collected in Canada.

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:

please visit www.acsess.org or contact Amanda Curtis, Executive Director, at 905-826-6869/1-800-232-4962


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