ASA Staffing Index Monthly Report, December 2018
Staffing employment for the week of Dec. 10–16 decreased 0.7% to a value of 102, according to the ASA Staffing Index. Reasons for the week-to-week decline include seasonal business fluctuations, inclement weather, and temporary-to-hire conversions. Despite these factors, the index held strong, growing 3.0% from the same week last year—the fastest pace of growth for the comparable week since 2014.
Staffing employment for the four weeks ending Dec. 16 was unchanged at 101, 2.4% higher than the same span of weeks in 2017.
This week, containing the 12th, will be used in the December monthly employment situation report that will be issued by the U.S. Bureau of Labor Statistics on Jan. 4, 2019.
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.