ASA Staffing Index Monthly Report, November 2019
Staffing employment for the week of Nov. 11–17 was relatively unchanged from the prior week (+0.15%), holding at a value of 97, according to the ASA Staffing Index. Survey respondents cited the Veterans Day holiday as a factor that inhibited further growth. Year-to-year, staffing jobs were down 5.8% from the same week in 2018, which also included Veterans Day, and remain lower than levels seen in prior recent years.
The ASA Staffing Index four-week moving average remained at a rounded value of 97, marking seven successive weeks for the reading. Staffing employment for the four weeks ending Nov. 17 was down 6.3% from last year, which was a post-recession high for the comparative span of weeks.
This week, containing the 12th day of the month, will be used in the November monthly employment situation report that will be issued by the U.S. Bureau of Labor Statistics on Dec. 6.
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.
# # #
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.