ASA Staffing Index Monthly Report, January 2019
Staffing employment for the week of Jan. 7–13 grew 4.0% to a rounded value of 94, the strongest reading for the comparable week since 2008, according to the ASA Staffing Index. Temporary and contract staffing employment was 0.3% higher than the same week last year, edging out the prior post-recession high for January.
The ASA Staffing Index four-week moving average decreased from 93 to 91, following the industry’s seasonal pattern. Despite the decline, staffing employment for the four weeks ending Jan. 13 was 1.5% higher than in the same period in 2018.
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. 1.
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.