MISSISSAUGA, ON, June 19, 2012 /CNW/ - The Association of Canadian Search, Employment and Staffing Services (ACSESS) releases the Canadian Staffing Index for May of 2012.
The Canadian Staffing Index was 107 in May of 2012, as compared to the industry value of 100 when the Index was first introduced exactly four years ago. The May value represents a strong 26% year-over-year increase from May of 2011.
"May is the eight consecutive month with the Index above one hundred, and shows double digit year-over-year growth," says Timothy Landhuis, Research Analyst at Staffing Industry Analysts. "This clearly shows that the industry is now solidly above pre-recession levels in terms of the volume of demand for temporary staffing".
ACSESS president Bryan Toffey notes that "the reading of 107 demonstrates the continued resiliency of the Canadian economy despite the small 4% sequential decrease from the Index value of 111 in April". "Given all of the uncertainty in the headlines surrounding global financial markets it is not surprising to see some pull back in the number of temporary hours worked". ACSESS concludes that while Canada is not immune from the world economies, this report is a positive real-time indicator for current staffing and employment trends.
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, and independent survey conducted by Staffing Industry Analysts. The Association also offers a broad range of services to members firms located in all regions of Canada.
About Staffing Industry Analysis
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 (PEO's). Founded in 1989, the company is headquartered in Mountain View, California. For more information visit www.staffingindustry.com.
For further information:
visit www.acsess.org or contact Amanda Curtis, ACSESS executive director at 905-826-6869 / 1-888-232-4962