May 2017 Staffing Employment Index Increase
May 2017 Staffing Employment Data from ASA and BLS.
The American Staffing Association (ASA) tracks changes in temporary and contract employment. They use a model developed by Standard and Poor’s DRI/McGraw Hill in 1992 to track, compare, and understand trends in the staffing industry. The ASA works with a market research firm to report the changes to the staffing industry in almost real-time. The survey index they created uses a baseline of 100 that was set in June 2006. Using this baseline, they report that the staffing index for the month of May 2017 increased to 94.44. They report that for the week of May 8th -14th staffing employment increased .58% over the week prior. Compared to this same time frame in 2016, staffing employment is up 1.25%. These trends are not quantum leaps, but the ASA notes the index average advance of 94.44 is the largest consecutive 4 week average this year to date.
According to the U.S. Bureau of Labor Statistics (BLS) seasonally adjusted employment services had a positive increase of 14.2 from April 2017 to May 2017, and temporary help services also showed an increase of 12.9 for the same time frame. In addition to these increases, the BLS reports that the areas of management and technical consulting services show a jump of 6.4 with overall professional and technical services increasing 10.9.
Both the ASA and the BLS data for May 2017 staffing show the industry trend is continuing to rise. With this continued increase many professionals are transitioning to consulting positions, and companies are utilizing the consulting services instead of hiring full-time employees. This opens opportunities for individuals to work various positions, within a number of companies on different projects. They can use their experience and cross over industries bringing their wealth of knowledge and system proficiency.
Consulting Solutions International is an industry leader in IT consulting and staffing. As the above information demonstrates, the industry is trending upward. CSI IT offers many opportunities in the IT management and technical consulting arenas, and believes that great people do make a difference. Areas of management consulting services and opportunities we provide include project management, office development & management, project management methodology training, tools and templates, project quality assurance development, project implementation services, change management, communication management, and more.
CSI has also expanded the workforce management area of expertise and provide the above mentioned consulting management and technical services for systems such as Kronos, ADP, Infor/Lawson, Workday, and Oracle/PeopleSoft. A main point of difference CSI offers is providing the same well-qualified consultants and candidates, but deliver more economical rates compared to larger consulting companies. With CSI you will have an unparalleled support team that is fast and efficient.
To learn more about consulting management opportunities please connect with us!