July Staffing Up 7.6% From a Year Ago
July employment statistics, released Friday by the U.S. Bureau of Labor Statistics, showed virtually no change in seasonally adjusted staffing jobs. In a year-to-year comparison, temporary help employment was 7.6% higher than July of last year.
“While overall hiring remains sluggish, ASA members continue to report increases in demand across most sectors, albeit on a slightly slower pace than earlier this year,” said Richard Wahlquist, president and CEO of the American Staffing Association. “Given current global economic conditions, retaining and recruiting talent while maintaining a high degree of work force flexibility is a key strategic priority for most businesses.”
Nonseasonally adjusted BLS data, which estimate the actual number of jobs in the economy, indicated that staffing jobs contracted, with temporary help firms employing approximately 48,800 fewer people (-2.2%) from June to July. On a year-to-year basis, there were 6.4% more staffing employees in July compared with the same month in 2010. The ASA Staffing Index, which also is not seasonally adjusted and therefore is comparable to the nonadjusted employment figures reported by BLS, indicated a 1% increase in staffing payrolls from June to July; the index showed a 3.6% increase in staffing employment in July over the same month last year.
The ASA Staffing Index is reported nine days after each workweek, making it a virtual real-time measure of staffing employment trends. ASA research shows that staffing employment is a coincident economic indicator and leading employment indicator, especially when the economy is emerging from a recession. Data for the index are gathered by ASA research partner Inavero, a market research firm based in Portland, OR.
For more information, visit the ASA newsroom. You can also follow ASA on Twitter.
Interviews with ASA executives are available.
The American Staffing Association is the voice of the U.S. staffing industry. ASA and its affiliated chapters advance the interests of staffing and recruiting firms of all sizes and across all sectors through legal and legislative advocacy, public relations, education, and the promotion of high standards of legal, ethical, and professional practices. ASA members provide the full range of employment and work force services and solutions, including temporary and contract staffing, recruiting and permanent placement, outplacement and outsourcing, training, and human resource consulting.