ASA Staffing Index Monthly Report, April 2020
Staffing jobs for the week of April 6–12 contracted 4.9% from the prior week, decreasing to a rounded value of 62, according to the ASA Staffing Index. Not surprisingly, survey respondents continue to mention the COVID-19 pandemic as the predominant factor for the decline. Year-to-year, staffing employment was down 34.2% and the lowest level seen for any week since the inception of the index in 2006.
The ASA Staffing Index four-week moving average fell to a rounded value of 70. Temporary and contract staffing employment for the period ending April 12 was 25.3% lower than the same period in 2019.
This week, containing the 12th day of the month, will be used in the April monthly employment situation report scheduled to be issued by the U.S. Bureau of Labor Statistics on May 8.
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.