ASA Staffing Index Monthly Report, February 2020
Staffing employment for the week of Feb. 10–16 eased 0.34% from the prior week, decreasing for the fourth week in a row, according to the ASA Staffing Index. A few survey respondents cited temporary-to-hire conversions and the Presidents Day holiday as factors limiting growth. Staffing jobs were down 6.9% from the same week last year, yet remained at a rounded value of 87—just below the historical average of 88 for the comparative week.
The ASA Staffing Index four-week moving average decreased slightly to a value of 87. Temporary and contract staffing jobs for the four weeks ending Feb. 16 were down 6.5% from the same period last year.
This week, containing the 12th day of the month, will be used in the February monthly employment situation report that will be issued by the U.S. Bureau of Labor Statistics on March 6.
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.
# # #
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.