ASA Staffing Index Reaches Highest Value This Year
Staffing employment for the week of Aug. 8–14 edged up to 95.38, according to the ASA Staffing Index—the highest index value so far this year. Temporary and contract staffing employment was 0.46% higher than the prior week and was 0.88% lower than the same week last year.
This week, containing the 12th, will be used in the August monthly employment situation report that will be issued by the U.S. Bureau of Labor Statistics on Sept. 2.
The four-week moving average for the ASA Staffing Index was 94.99, the highest four-week moving average so far this year, and was 0.52% lower than the comparable period of last year.
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.