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NEWS & PRESS: ACSESS in the Press Canadian Economy Slow in Recovery MISSISSAUGA, ON – March 31st, 2010 – The January 2010 version of the Canadian Staffing Index was released by the Association of Canadian Search, Employment & Staffing Services (ACSESS) today. ACSESS believes there is a close correlation between staffing industry performance and the state of the economy, which means this index could provide a “near real time” indication of how the Canadian economy is performing. The index uses July 2008, prior to the recession, as the benchmark index of 100 and tracks the performance of the industry on a monthly basis. The following are some observations based on the latest results:
Steve Jones, President of ACSESS said, “The index demonstrates both the slow recovery in the Canadian economy and the volatile nature of the staffing business. It is that ability to provide a flexible workforce that brings tremendous value to our clients.” About the Canadian Staffing Index: The data is collected by Staffing Industry Analysts, an independent company specialized in the staffing industry. The data is provided by a representative number of Canadian staffing companies providing services in provinces across the country. The data is collected on a monthly basis, with the initial data capture going back to July 2008, providing real historical insight into the Canadian staffing landscape. ACSESS believes that this “real data” supports U.S. evidence that the Staffing Industry is a barometer of economic performance, and will provide information for economists, politicians, analysts, researchers and journalists in addition to members of the staffing industry. Currently the data is available for the months July 2008 (the benchmark month) through to December 2009. Monthly updates will follow. About ACSESS Media Contact: |
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