Newly Rebenchmarked ASA Staffing Index Holds Steady
Staffing employment for the week of June 6–12 increased to 94.10 according to the ASA Staffing Index. Temporary and contract staffing employment was 1.41% higher than the prior week, and was 0.50% higher than the same week last year.
This week, containing the 12th, will be used in the June monthly employment situation report that will be issued by the U.S. Bureau of Labor Statistics on July 8.
During the past four weeks, staffing employment averaged 93.60 and was 0.16% lower than the same period last year.
The weekly ASA Staffing Index survey data rely on periodic benchmarks from the U.S. Census Bureau. This week, ASA revised historical figures for staffing employment and ASA Staffing Index values back to 2007, based on the latest benchmark data from the 2012 U.S. Economic Census of Business, which was released in March 2016.
The ASA Staffing Index is reported nine days after each workweek, making it a near real-time measure of staffing employment trends. ASA research shows that staffing employment is a coincident economic indicator.
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About the American Staffing Association
The American Staffing Association is the voice of the U.S. staffing, recruiting, and workforce solutions industry. ASA and its affiliated chapters advance the interests of the industry across all sectors through advocacy, research, education, and the promotion of high standards of legal, ethical, and professional practices. For more information about ASA, visit americanstaffing.net.