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Staffing, recruiting firms both show signs of growth

Posted on February 18th, 2014 Read time: 1 minutes

Although there was a small slowdown from 14 percent down to 10 percent in expansion between October and December of 2013, temporary staffing growth was strong in the last month of the year, according to Staffing Industry Analysts.

"The Pulse Survey results confirm that the temporary staffing sector ended 2013 on a strong note, with double-digit year-over-year December revenue growth reported in a number of segments," said Research Associate Ziv Tepman.

76 percent of firms showed positive growth year over year, which is a slight decline from October's number of 79 percent.

The biggest areas of growth have been information technology and health, according to the report.

In a related story, Bullhorn's annual North American Staffing and Recruiting Trends Report found that 75 percent of recruiting firms expect to grow this year. Only 2 percent of respondents planned to reduce their headcount. Placements and revenue both grew year over year. There was some slight slow down, as only 23 percent of companies planned to open new offices, as opposed to 48 percent last year.

Recruiting and staffing firms both work by placing permanent and temporary workers where they will function best in an office. By hiring a company to handle recruiting and back office support, Companies can save time and money by streamlining and boosting productivity.

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