ASA Staffing Index Monthly Report, March 2019
The ASA Staffing Index four-week moving average for Feb. 18–March 17 held at 93, and was 1.5% lower than the same span of weeks in 2018. Staffing employment, similar to overall economy as measured by GDP, trails last year’s pace of growth but remains solid compared with other years. Staffing employment for the four weeks ending March 17 is well above the historical average of 88 for the same period since the inception of the index in 2006.
Staffing jobs for the week of March 11–17 edged up 0.2% for the second consecutive week but remained at a rounded value of 93, according to the ASA Staffing Index. Temporary and contract staffing employment was 1.9% lower than the same week last year.
This week, containing the 12th, will be used in the March monthly employment situation report that will be issued by the U.S. Bureau of Labor Statistics on April 5.
The ASA Staffing Index is reported nine days after each workweek, making it a near real-time measure of staffing employment trends. ASA Staffing Starts are the number of temporary and contract employees placed in new assignments during the reporting week. 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.