SIA recently published its May 2020 Pulse Survey Report, which captured April’s performance of participating firms and the impact of Covid-19 across US staffing segments. The survey is a useful tool for staffing firms to identify shifting trends in the market and to gain insights on how peers are operating during this period. The Pulse Survey is normally conducted bimonthly, but due to global events, it has run monthly since March.
Survey respondents reported a median 18% year-over-year decline in their US temporary staffing revenue in April, a further decrease from the 5% reported decline in March. Firms with engineering staffing as their primary segment reported a median decline of 10% year over year. While the May Pulse Survey sample size is not large enough to perfectly reflect the engineering staffing industry, it does at least how hard is computer science suggest that engineering staffing is faring worse than other professional staffing segments, notably IT staffing (down 4% year over year) and marketing/creative staffing (down 3%).
Survey respondents reported a median 18% year-over-year decline in their US temporary staffing revenue in April, a further decrease from the 5% reported decline in March. Firms with engineering staffing as their primary segment reported a median decline of 10% year over year. While the May Pulse Survey sample size is not large enough to perfectly reflect the engineering staffing industry, it does at least how hard is computer science suggest that engineering staffing is faring worse than other professional staffing segments, notably IT staffing (down 4% year over year) and marketing/creative staffing (down 3%).
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