Fed: Modest to Moderate Economic Growth; Staffing Demand Up

Share

Economic activity expanded across the U.S., according to the Federal Reserve Board’s latest report on regional economies (known as the “beige book”), with a majority of districts reporting modest to moderate growth. Employment and wages continued to expand at a modest or moderate pace across most of the nation, but employers again reported tight labor markets and difficulties finding and retaining qualified workers—particularly highly skilled engineers, finance and sales professionals, construction and manufacturing workers, information technology professionals, and truck drivers. Staffing demand grew in several 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/research. You can also follow ASA research on Twitter.

# # #

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.


ASA Workforce MonitorMore than three-quarters of employed U.S. adults (79%) are satisfied with their employers’ pandemic-related return-to-work plans. Download the infographic »

Stay Up-to-Date

Get the latest Covid-19 info & resources for staffing companies.