New Starts Down
ASA Staffing Index Monthly Report, January 2021
Staffing employment for the week of Jan. 11–17 was up 2.8% from the prior week, according to the ASA Staffing Index. Staffing jobs appear to have rebounded from the December holidays and are at a solid level thus far in 2021—nearly 1% above week two of 2020. Six in 10 staffing firms (59%) reported increased temporary and contract employment.
While new starts were down (-2.2% on average), 86% of staffing companies reported gains in new assignments week to week.
Factoring in the December holidays, the ASA Staffing Index four-week moving average was relatively unchanged at a value of 83. Temporary and contract staffing employment for the four weeks ending Jan. 17 was only 0.1% lower than the same period last year.
“Staffing employment levels are promising so far in 2021—showing nascent signs of recovery,” said Cynthia Davidson, ASA senior director of research.
This week, containing the 12th day of the month, will be used in the January monthly employment situation report scheduled to be issued by the U.S. Bureau of Labor Statistics on Feb. 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.
# # #
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.
The post Staffing Jobs Rebound in January appeared first on American Staffing Association.