ASA Staffing Index Monthly Report, January 2018
Staffing employment for the week of Jan. 8–14 accelerated to 94, reaching the second-highest value for the same week since the inception of the ASA Staffing Index in 2006. Temporary and contract staffing employment was 5.0% higher than the prior week, which included the New Year’s Day holiday. Survey respondents cited Martin Luther King’s Birthday weekend as a condition that hindered growth for the week of Jan. 8–14. Staffing employment was 0.8% higher than the same week last year.
This week, containing the 12th, will be used in the January monthly employment situation report that will be issued by the U.S. Bureau of Labor Statistics on Feb. 2.
The ASA Staffing Index four-week moving average softened from 91 to 90, following the typical seasonal pattern given that January is the industry’s trough month. Staffing employment for the four weeks ending Jan. 14 was 0.6% lower year-to-year.
The ASA Staffing Index is reported nine days after each workweek, making it a near real-time measure of staffing employment trends. ASA Staffing Starts are the number of temporary and contract employees placed in new assignments during the reporting week. ASA research shows that staffing employment has historically been 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 state 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.