FACTORING BLOG

Staffing Stats

Insights on trends, market dynamics, and industry innovations

Average Hourly Earnings

According to the Bureau of Labor Statistics’ (BLS) March 7th report, the average hourly earnings for all employees in the United States rose to $35.93, up from $35.46 in November 2024. This average includes all industries, skills, and employee levels. Over the past 12 months, average hourly earnings have risen 4%. 

Contract Staffing Employment

According to the American Staffing Association, contract staffing employment jobs for the four weeks ending 2/23/2025 were down 8.4% year over year with a staffing index of 83. In June of 2006 ASA established an index baseline of 100. ASA Economists predict staffing employment to contract by 6.1% in Q12025, and as the economy stabilizes, this will reverse. 

Temporary Help Penetration Rate

The temporary help penetration rate has historically been around 2% of total employment. In October of 2022, it dropped below 2% and has continued to decline.  

In September 2024, it dropped to 1.67%, and in February 2025, according to the Bureau of Labor Statistics, it’s hit a low of 1.59%

GDP Projection

According to BLS March 11th report, the number of job openings is now at 7.7 million.

Job Openings

Categories of jobs with highest gains in employment

  • Real Estate, Rental and Leasing –  6.4
  • Accommodation and Food Services – 6.2
  • Healthcare and Social Assistance – 6.0

See the full chart here.

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