ASA Staffing Index Monthly Report, November 2018
Staffing employment for the week of Nov. 11–18 was relatively unchanged (-0.1%), holding at a rounded value of 103 for the fifth consecutive week, according to the ASA Staffing Index. It is the first time since 2014 that the index reading has been this high for the 46th week of the year. Temporary and contract staffing employment was 2.1% higher than the same week last year.
The ASA Staffing Index four-week moving average changed little (103). This reading has only once been higher for the same span of weeks during the past 11 years. Staffing employment for four weeks ending Nov. 18 was 2.8% higher year-to-year.
This week, containing the 12th, will be used in the November monthly employment situation report that will be issued by the U.S. Bureau of Labor Statistics on Dec. 7.
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.
For more information, visit americanstaffing.net/index. Or follow ASA research on Twitter.
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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.
