MISSISSAUGA, ON, Sept. 7, 2011 /CNW/ - The Canadian Staffing Index
dropped five points in July, which was more than the expected summer
slowdown, and most likely the result of a contracting Canadian economy,
reports the Association of Canadian Search, Employment and Staffing
"The considerable slowdown of global economic growth in recent months
has resulted in many Canadian firms reigning in on their usage of
temporary employees," explained ACSESS President, Bryan Toffey.
SIA Research Associate, Robert Balicki, was quick to point out that this
was the first time since the beginning of the recovery that the
Canadian staffing industry did not improve upon the same period the
year before. "The last time the Canadian Staffing Index failed to
register a year-over-year gain was 17 months ago," he said.
Toffey went on to caution against pushing the panic button prematurely.
"We typically experience a reduction in hours during the month of July
due to scheduled plant closures and the flood of high school students
into the employment market. We expect to see the Index get back on
track between August and November, especially considering these are
some of the busiest months for staffing companies. We concur with
Statistics Canada, who have projected a return to modest growth in the
second half of the year."
An Index score of 85 measures the hours of labour performed by temporary
and contract staff in July of 2011 compared to the benchmark index of
100 established in July of 2008.
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
SOURCE ACSESS - Association of Canadian Search, Employment and Staffing Services
For further information:
For more information, please visit www.acsess.org or contact Adam Miller, Marketing & Communications Specialist, at 905-826-6869/1-800-232-4962.