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Fed: Slight to Moderate Economic Growth; Staffing Demand Increased

Economic activity expanded at a slight to moderate pace across all 12 Federal Reserve districts in June, according to the Federal Reserve Board’s latest report on regional economies (known as the “beige book”). Employment across most of the nation maintained a modest to moderate pace of expansion. Labor markets tightened further for both low- and high-skilled positions, and hiring was limited by a shortage of qualified workers across a broad range of industries. Staffing demand increased in most districts.

View interactive Beige Book summaries by district, focused on employment, wages, and the staffing industry, at americanstaffing.net/federal-reserve-beige-book.

To learn more about research by the American Staffing Association, visit americanstaffing.net/staffing-research-data. You can also follow ASA on Twitter and Instagram.

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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 state and regional affiliates 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.

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