The ASA Weekly Economic Business Outlook is for members of the American Staffing Association.
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This Week’s Economic Outlook
- Average hourly earnings have struggled to keep pace with inflation.
- Compensation will continue to outpace inflation given declining inflation, moderating labor market dynamics, and lower interest rates.
- Staffing firms can keep offers competitive by accounting for inflation dynamics.
This Week’s Staffing Research
- Elevated inflation and interest rates have increased compensation demands by workers.
- A recent ASA Workforce Monitor® found many U.S. workers are still concerned about their finances.
- Pessimism among workers regarding their finances has reduced labor churn.
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