ASA Staffing Index Monthly Report, March 2020
Staffing employment for the week of March 9–15 eased 0.6% from the prior week, edging down to a value of 85, according to the ASA Staffing Index. Survey respondents cited the COVID-19 pandemic as the main factor contributing to the contraction. Temporary and contract staffing jobs were down 8.1% from the same week last year and below the historical average of 88 for the comparative week.
The ASA Staffing Index average for the four weeks ending March 15 held at a rounded value of 86, although temporary and contract staffing jobs were down 7.2% from the same period in 2019.
This week, containing the 12th day of the month, will be used in the March monthly employment situation report scheduled to be issued by the U.S. Bureau of Labor Statistics on April 3.
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.