December 20, 2021

Staffing Employment Rebounds in Third Quarter

Published December 20, 2021 ■ Announcement

U.S. staffing companies employed an average of 2.7 million temporary and contract workers per week in the third quarter of 2021, according to data released today by the American Staffing Association—up approximately 90,600 from the second quarter.

“The staffing industry is playing an increasingly important role in today’s labor market by providing talent sourcing expertise and workforce flexibility to employers in need of workers, and helping candidates find roles that are the right fit,” said Richard Wahlquist, ASA president and chief executive officer.

On a year-to-year basis, staffing jobs rose 15.2% in the third quarter of 2021 from the same period in 2020—which was still early in the economy’s recovery from the initial hit of the Covid-19 pandemic. Temporary and contract staffing sales totaled $36.1 billion in the third quarter, an increase of 21.8% from the third quarter of 2020.

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Ortoli | Rosenstadt: What Exactly Is a Seller Responsible for When Selling Its Staffing Firm?

Buyers of a business generally expect sellers to be responsible for certain liabilities relating to when the seller owned its business—a concept mergers and acquisitions professionals refer to as indemnification. Indemnification is one of the most heavily negotiated, and potentially most significant, provisions of a purchase agreement, and understanding the terminology common to such agreements is essential when negotiating a deal. Attorney Paul Pincus of Ortoli Rosenstadt LLP explains what sellers are liable for, how a seller’s liability may be limited, and how buyers may seek to fund potential indemnity claims.

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Conference Board Leading Economic Index for the U.S. Increased in NovemberM

Published December 20, 2021 ■ Headline News

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Forecasters Revise Down Real GDP Growth for Second Half of 2021; Revise Up Growth for First Half of 2022M

Published December 20, 2021 ■ Headline News

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Apple Cancels Return to Office Indefinitely, Offers $1,000 Bonus to All StaffersM

Published December 20, 2021 ■ Headline News

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Save 15% on ASA Products Through the End of This Month

Published December 20, 2021 ■ ASA for You

Right now is the perfect time to invest in yourself, your company, and your future success. Through Dec. 31, you’ll receive a 15% discount on ASA education and research products—Certified Staffing Professional^®, Technical Services Certified^SM, Certified Search Consultant^®, or Certified Health Care Staffing Professional^® exam packages; professional onboarding courses on ASA Learn; and industry data and survey results such as the 2020 Candidate Sentiment Study.

Get your 15% discount by using the code HOLIDAY21 in the ASA Store. (The discount cannot be applied to renewal fees.) The sale ends Dec. 31.

Take Advantage of Vaccine Literacy Resources for Staffing Firms

Published December 20, 2021 ■ ASA for You

As part of its continued effort to support staffing firms’ response to Covid-19, ASA has launched a Vaccine Literacy Resources for Staffing Firms web page. The site provides valuable downloads and links employers can use to engage and educate workers about Covid-19 vaccines. ASA partnered with the Health Action Alliance to share these free resources, including a quick-start guide, sample communications, vaccine FAQs, a social media tool kit, and more.

Research shows that businesses and employers are a trusted source of information and are well-suited to advance vaccine literacy efforts. The ASA site also links to National Safety Council resources, developed by NSC’s “SAFER: Safe Actions for Employee Returns” taskforce.

Visit the Vaccine Literacy Resources page today and check back regularly for updates—ASA will post new resources as they become available.