The week of May 29, 2026

Weekly Economic & Business Outlook

Latest Economic Outlook
  • Employer hiring expectations improved since early 2025 lows but remain below prepandemic labor market strength.
  • Staffing industry outlook is stronger, especially in manufacturing and transportation sectors.
  • Inflation and Iran-related concerns could slow hiring momentum, despite employers’ payroll expansion plans.
Latest Staffing Research
  • Employed job seekers are supporting continued wage growth despite a sluggish hiring environment.
  • With persistent economic uncertainty, employed job seekers are seen as less risky by many employers.
  • Both clients and candidates are better served by staffing firms who advocate equally for both.

The ASA Weekly Economic Business Outlook is for members of the American Staffing Association.

Maybe it’s time to join! Or if you’re already a member, please log in.


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.

ASA Data DashboardJoin today to get the research and data to give you a competitive edge.

ASA’s exclusive survey data on sales, employment, and industry trends gives members a true competitive edge and helps them to maximize revenue and income. ASA puts a wealth of other valuable research and data at your fingertips, too, including government data and the weekly ASA Staffing Index.

Learn more about ASA Membership

Or return to previous page

ASA Members, please log in

Sign in

Ready to join?

Get the insights you need to hone your competitive edge.