More Than Four in 10 Staffing Firms Report Gains in New Assignments
ASA Staffing Index Monthly Report, August 2023
Staffing employment edged up in the week of Aug. 7-13, with the ASA Staffing Index increasing by 0.1% to hold at a rounded value of 102. Staffing companies listed no one primary factor as a barrier preventing further growth. Staffing jobs were 4.4% below the same week last year.
New starts in the 32nd week of the year inched down 0.8% from the prior week. More than four in 10 staffing companies (44%) reported gains in new assignments week-to-week.
The ASA Staffing Index four-week moving average increased from the prior week to a rounded value of 102, and temporary and contract staffing employment for the four weeks ending Aug. 13 was 4.7% lower than the same period in 2022.
“Staffing employment has returned to the same levels we saw earlier this year even as it remains lower than last year’s historic numbers,” said Max Aldrich, ASA research coordinator.
This week, containing the 12th day of the month, will be used in the August monthly employment situation report scheduled to be issued by the U.S. Bureau of Labor Statistics on Sept. 1.
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.
# # #
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.
