Staffing firms created 19,700 new jobs in September, up 0.7% over August and 8.6% over September last year, according to seasonally adjusted data released today by the U.S. Bureau of Labor Statistics. Year-over-year growth has slightly moderated from around 9% at the beginning of the year and an average of 8.8% over the past 12 months.
“As economic conditions continue to slowly improve, businesses are strategically increasing the size of their workforces. They’re hiring more workers and—to maintain agility—they’re expanding their flexible workforces,” said Richard Wahlquist, president and chief executive officer of the American Staffing Association. “This means that staffing and recruiting firms are able to help more job seekers find temporary and permanent employment.”
The unemployment rate decreased to 5.9% in September versus 6.1% in August. Over the year, the unemployment rate is down by 1.3 percentage points.
BLS also released preliminary August employment data for search and placement services. Seasonally adjusted, employment increased 1.1% from July to August, totaling 324,700—the greatest number of search and placement jobs since September 2001 and 12.2% more than August 2013.
Source: American Staffing Association