Staffing Industry | What the Future Holds
Professional Advantage has been in the staffing software business for over 20 years and we like to think we have weathered the economy alongside others in the staffing industry. The staffing industry has seen its ups and downs in the last few years and like the U.S. Economy, a steady rise in the 90’s gave way partially after the September 11, 2001 attacks. The momentum gained after that was quickly deflated by the recession in 2008. This resulted in a 37% loss of workforce. Since July of 2009, however, a turning point in the industry had begun and growth began yet again. This is not only seen in the numbers but in the overall optimism of all that work in this industry.
Staffing Industry Facts
- Every day, over 2 million people are employed by staffing companies
- Over 8.5 million temporary and contract employees are hired by U.S. staffing firms over the course of a year – more than the population of New York City.
- Over 85% of staffing employees feel that the temporary and contract work made them more employable for future permanent jobs
What’s Next for the Staffing Industry
The ASA Staffing Index reports weekly changes in the number of people employed in temporary and contract work. As seen in the chart, 2011 is set to continue rising to around the peak levels seen in 2007. This is very good news for the staffing industry; and with analysts saying the economy is only “half way back” to where we were it seems there is no way but up for continued growth for staffing companies. This leads to as much optimism as having warm weather for us here in Fargo!
With this growing industry, the need for optimal staffing software is essential for your staffing company. With 1Staff, built in Microsoft Dynamics, your company will gain a substantial advantage within the staffing industry. 1Staff is an end-to-end staffing software solution that allows you to minimize costs by leveraging existing Microsoft technology investments, deliver business insight through familiar productivity tools, and bring analytics to everyone in the organization.
–Contact us to find out how you can not only stay competitive but move ahead of the industry standard with 1Staff.
-Learn more about Professional Advantage and our staffing software solution, 1Staff by watching a 1Staff video.
Source: American Staffing Association