ASA Staffing Index Monthly Report, June 2020
Staffing employment for the week of June 8–14 rose 2.5% from the prior week, increasing to a value of 67 and rebounding above the Great Recession trough of 66, according to the ASA Staffing Index. While the index has climbed for the past seven consecutive weeks, staffing jobs were down 29.6% from the same week last year—the largest year-to-year gap for the comparative week since the inception of the index in 2006.
The ASA Staffing Index four-week moving average expanded to a value of 64. Temporary and contract staffing employment for the period ending June 14 was 31.6% lower than the comparative weeks in 2019.
This week, containing the 12th day of the month, will be used in the June monthly employment situation report scheduled to be issued by the U.S. Bureau of Labor Statistics on July 2.
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.