Staffing revenue fell by a median 2% year over year in April among staffing firms taking part in Staffing Industry Analysts’ latest Pulse Survey, a slight improvement from a 3% decrease in February.
The trend seen in February of larger companies reporting more negative growth than smaller companies continued in April, with staffing revenue at small companies up a median 2% year over year, flat at midsize companies and down 13% at large companies.
The travel nurse staffing segment posted the largest decline in April, down 21%, followed by per diem nursing, down 6%.
Still, some staffing segments posted growth in April. Median revenue growth was again strong in locum tenens and in allied healthcare, up 11% and 5% respectively.
This month’s survey also asked staffing firms how they expect the incorporation of AI to affect their firms’ staffing levels over the next three years. In all, 23% of respondents expect that AI will lead to reduced staffing levels at their firm in the next three years, which is much outweighed by the 62% who expect AI to have a neutral impact on staffing levels and the 15% percent who expect AI to increase staffing levels.
The “US Pulse Survey Report: May 2023 Selected Highlights” report is based on data submitted by 183 staffing companies. It is available to SIA corporate members; the full Pulse report is available only to companies that took part in the survey. For more information on participating in the next survey, scheduled for July, contact SIA Senior Research Analyst Curtis Starkey at cstarkey@staffingindustry.com.