Staffing Demand Holds Strong in August
ASA Staffing Index Monthly Report, August 2021 ASA Staffing Index Monthly Report, August 2021 Staffing jobs for the week of Aug. 9–15 edged up 0.4% from the previous week, with the ASA Staffing Index holding at this year’s highest value of 98.
Staffing jobs for the week of Aug. 9–15 edged up 0.4% from the previous week, with the ASA Staffing Index holding at this year’s highest value of 98. Average week-to-week staffing employment growth has held steady since the beginning of June, with exception of the anticipated Independence Day holiday dip. There were 30.6% more staffing jobs compared with the same week (32) in 2020.
Following the surge from the prior week, new starts were up again—3.9% on average, with half (51%) of staffing companies reporting gains in new assignments week-to-week.
The ASA Staffing Index four-week moving average held at a value of 98. Temporary and contract staffing employment from mid-July through mid-August grew 32% compared with the same period in 2020.
“Even with the mid-summer season dip in temporary and contract employment, demand for staffing services remains strong as we near the end of August,” said Cynthia Davidson, ASA senior director of research.
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. 3.
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.
The original article can be found at: American Staffing Association
