MY HR’s Post

Staffing employment dipped in the week of Dec. 11-17, with the ASA Staffing Index decreasing by 0.9% to a rounded value of 97. Some staffing companies mentioned seasonal business fluctuations and the holidays as primary factors that limited further growth. Staffing jobs were 8.3% below the same week last year. New starts in the 50th week of the year were down 2.5% from the prior week.

Staffing employment dipped in the week of Dec. 11-17, with the ASA Staffing Index decreasing by 0.9% to a rounded value of 97. Some staffing companies mentioned seasonal business fluctuations and the holidays as primary factors that limited further growth. Staffing jobs were 8.3% below the same week last year. New starts in the 50th week of the year were down 2.5% from the prior week.

📊 Employment Holds Steady, Poised for Growth 📊 Despite a slight dip in the ASA Staffing Index, the staffing industry shows resilience with a 6.1% rise in new assignments last week. Almost half of staffing companies report an uptick in new assignments, highlighting a steady path forward. As we navigate economic conditions, the potential for growth remains strong. Let's continue to adapt and thrive in these dynamic times! Read more: ASA Staffing Employment Update https://lnkd.in/g9V9skBb #Staffing #Employment #Growth #ASA #Economy

Over four-in-ten staffing firms report gains in new assignments Staffing employment inched up in the week of Nov. 13-19, with the ASA Staffing Index increasing by 0.8% to a rounded value of 100. Staffing companies listed no one primary factor that limited further growth. Staffing jobs were 7.3% below the same week last year. New starts in the 46th week of the year jumped 11.8%

Despite the dip in staffing employment towards the end of 2023, trends are looking upward! American Staffing Association Staffing Index Monthly Report notes that staffing employment has risen since the start of this new year. According to the report, "Almost half of all staffing companies (48%) reported gains in new assignments week to week." Read more about their findings here: https://lnkd.in/d8jrzjSH #staffing #staffingsolutions #staffingagency #staffingindustry #staffingandrecruiting #recruiters #staffingcareer #staffingCEO #staffingowner #americanstaffing

American Staffing Association Staffing Index Monthly Report, June 2024 “This week’s index revealed a measured improvement in staffing employment beyond just recovering from the Memorial Day dip. Stabilization remains the operative word for staffing employment in 2024, as June’s numbers provide the clearest indication of a bottom for the industry. These levels are likely to see further..... #texas #staffingindustry #employment

ECONOMY WATCH: STAFFING INDUSTRY ASA Staffing Index: Staffing Employment Holds Steady and Poised for Growth Staffing employment edged down during the week of May 13–19, with the ASA Staffing Index declining by just 0.3% to hold at a rounded value of 89. Staffing jobs were down 10.9% compared with the same week last year, with no one factor cited to have hindered further growth. Despite a contraction in staffing employment, new starts in the 20th week of the year increased by 6.1% from the prior week, and almost half of staffing companies (48%) reported gains in new assignments week to week—above the average of 44% per week so far this year. The ASA Staffing Index four-week moving average inched down from the prior week to hold at a rounded value of 89, and temporary and contract staffing employment for the four weeks ending May 19 was 10.4% lower than the same period in 2023. “A sustained pattern of negligible fluctuation in the Staffing Index suggests that the industry has settled into a steady rhythm of growth, unlikely to see substantial disruption without a material change in external macroeconomic conditions. This makes a case for optimism about the future of staffing employment once interest rates are reduced, business conditions improve, and the labor market sees greater churn,” said Noah Yosif, chief economist at ASA. This week will be used in the May monthly employment situation report scheduled to be issued by the U.S. Bureau of Labor Statistics June 7.

ASA Staffing Index: Staffing Employment Holds Steady in September 💼 Staffing employment edged up in the week of Sept. 11-17, with the ASA Staffing Index increasing by 1.1% to a rounded value of 101. Many staffing companies listed a holiday as a barrier preventing further growth. #Staffing jobs were 4.9% below the same week last year. New starts in the 37th week of the year rose 5.9% from the prior week. Almost half of all staffing companies (49%) reported gains in new assignments week to week. The ASA Staffing Index four-week moving average increased from the prior week to hold at a rounded value of 101, and temporary and contract staffing employment for the four weeks ending Sept. 17 was 4.8% lower than the same period in 2022. “Staffing #employment continues to trend below 2022 but above levels seen in the spring of 2023,” said Tim Hulley, assistant research director at ASA. This week, containing the 12th day of the month, will be used in the September monthly employment situation report scheduled to be issued by the U.S. Bureau of #Labor Statistics Oct. 6.

Over four-in-ten staffing firms report gains in new assignments Staffing employment inched up in the week of Nov. 13-19, with the ASA Staffing Index increasing by 0.8% to a rounded value of 100. Staffing companies listed no one primary factor that limited further growth. Staffing jobs were 7.3% below the same week last year. New starts in the 46th week of the year jumped 11.8%

ECONOMY WATCH: STAFFING NOVEMBER ASA Staffing Index: Staffing Employment Holds Steady in November Staffing employment inched up in the week of Nov. 13–19, with the ASA Staffing Index increasing by 0.8% to a rounded value of 100. Staffing companies listed no one primary factor that limited further growth. Staffing jobs were 7.3% below the same week last year. New starts in the 46th week of the year jumped 11.8% from the prior week. More than four in 10 staffing companies (43%) reported gains in new assignments week to week. The ASA Staffing Index four-week moving average decreased from the prior week to hold at a rounded value of 100, and temporary and contract staffing employment for the four weeks ending Nov. 19 was 7.6% lower than the same period in 2022. “Staffing employment has held steady in November, with no significant dips or fluctuations from the prior month,” said Tim Hulley, assistant research director at ASA. This week will be used in the November monthly employment situation report scheduled to be issued by the U.S. Bureau of Labor Statistics Dec. 8.