ASA Staffing Index Monthly Report, April 2023
New Assignments Up From Prior Week
Staffing employment rose slightly in the week of April 10–16, with the ASA Staffing Index increasing by 0.1% but holding at a rounded value of 97. Several staffing companies mentioned a holiday as a barrier preventing further growth. Staffing jobs were 6.8% below the same week last year.
New starts in the 15th week of the year increased by 2.5% from the prior week. Four in 10 staffing companies (40%) reported week-to-week gains in new assignments.
The ASA Staffing Index four-week moving average nudged down from the prior week but held at a rounded value of 98, and temporary and contract staffing employment for the four weeks ending April 16 was 7.1% lower than the same period in 2022.
“Staffing employment has softened since the beginning of February, but current levels still remain above those seen in 2021,” said Tim Hulley, ASA assistant director of research.
This week will be used in the April monthly employment situation report scheduled to be issued by the U.S. Bureau of Labor Statistics on May 5.
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.
For more information, visit americanstaffing.net/index. Or follow ASA research on Twitter.
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About the American Staffing Association (ASA)
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.
