New Assignments Up Slightly From Prior Week
ASA Staffing Index Monthly Report, June 2023
Staffing employment grew slightly in the week of June 12-18, with the ASA Staffing Index increasing by 0.4% to a rounded value of 100. Staffing companies listed factors including temporary-to-hire conversions and a holiday as barriers preventing further growth. Staffing jobs were 6.2% below the same week last year.
New starts in the 24th week of the year grew 1.2% from the prior week as about a third of staffing companies (35%) reported gains in new assignments week to week.
The ASA Staffing Index four-week moving average held steady at a rounded value of 99, and temporary and contract staffing employment for the four weeks ending June 18 was 5.9% lower than the same period in 2022.
“Staffing employment remains behind 2022 levels but has edged up in recent weeks after a lull over Memorial Day weekend,” said Tim Hulley, ASA assistant director of research.
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 7.
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
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.
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