ASA Staffing Index Monthly Report, June 2018
The ASA Staffing Index for the week of June 11–17 rose 0.6% to a rounded value of 98—the strongest reading for the 24th week of the year since 2007, right before the Great Recession. Staffing employment was 1.3% higher than the same week last year, with some survey respondents citing temporary-to-hire conversions as a factor that hindered further growth.
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 6.
The ASA Staffing Index four-week moving average edged up but remained at a rounded figure of 97, reaching the highest level in 11 years for the same period. Staffing employment for the four weeks ending June 17 was 1.3% higher 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 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.