Home > Uncategorized > Staffing Projections: Outlook Positive #Winning

Staffing Projections: Outlook Positive #Winning

A research report released yesterday by BMO Capital Markets found that staffing firms’ quarterly sales, net income and gross margins have been improving year-over-year at a strong rate.  The largest improvement is expected among highly-skilled providers.  Meaning, presumably, that the lowest improvement rates are expected among the low performers?  Shocking.

The outlook for Q2 is positive and particularly bullish:  the percentage of firms expecting increased sales and net income improvement is the highest since Q2 of 2010, while the percentage expecting gross margin expansion is the highest since Q2 of 2007.  #boomcrush

The study also reports that the labor market is tightening up, and talent is becoming increasingly difficult to come by.  Implying that highly specialized and high-performing staffing firms like BWBacon Group are going to become an increasingly critical linchpin for companies to come by hard-to-find technical skill sets.  #tigerblood

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