The ASA annual economic analysis, which provides an overview of the size, scope, and dynamics of the staffing industry, is intended as a general reference for staffing firms, staffing clients, industry analysts, journalists, and policy makers.
American Staffing 2008
Annual Economic Analysis
June 2008
Staffing industry employment hit a new annual record high in 2007, and temporary and contract staffing average daily employment also set new record highs in the second and third quarters of last year. Moreover, 2007 was the first year in which third-quarter staffing employment exceeded three million, and it was the first year in which the three-million threshold had been crossed in any quarter other than the fourth.
In its most recent projections, the U.S. Bureau of Labor Statistics says that the employment services industry—which is primarily staffing—is expected to be the second largest job-growth industry in the U.S.
The industry has been growing faster than the economy because of flexibility: Workers want it, businesses need it, and it's good for the economy.
Jobs, flexibility, bridge to permanent employment, choice of alternative employment arrangements, and training—these are the benefits staffing firms offer to today's workers. Flexibility and access to talent—these are the benefits staffing firms bring to business clients. And jobs, labor market flexibility, efficient bridging to permanent jobs, and training—these are the benefits staffing firms bring to the economy. Read about these benefits in American Staffing 2008, the ASA annual economic analysis.
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