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Signs of Labor Market Recovery Slowly Emerge
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Staffing Employment Begins Recovering From Pandemic
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ALEXANDRIA, Va., March 11, 2021 /PRNewswire/ Following the near record highs posted in 2019, full-year 2020 data released today by the American Staffing Association show how the coronavirus pandemic challenged providers of workforce solutions, with temporary and contract staffing jobs falling to Great Recession levels in the second quarter yet rebounding in the second half of the year.
Staffing employment plummeted by 33.6% more than one million jobs year-to-year in the second quarter of 2020, as the nation was shut down by the Covid-19 pandemic.
The industry began to rebound, with average weekly staffing employment increasing from 2.1 million in the second quarter to 2.3 million in the third quarter (+14.4%); climbing further to 2.8 million in the fourth quarter (+18.8%). Temporary and contract staffing sales followed similar patterns.
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