After the seasonal end-of-year dip in December, staffing employment rose in the week of Jan. 8–14, with the ASA Staffing Index increasing by 4.0% to a rounded value of 88. Some staffing companies mentioned a holiday and inclement weather as primary factors that limited further growth. Despite two straight weeks of growth, staffing jobs were 12.5% below the same week last year.
New starts in the second week of the year were up 19.2% from the prior week. Almost half of all staffing companies (48%) reported gains in new assignments week to week.
The ASA Staffing Index four-week moving average decreased from the prior week to a rounded value of 86, and temporary and contract staffing employment for the four weeks ending Jan. 14 was 9.6% lower than the same period in 2023.
“Staffing employment is rising in line with seasonal patterns of expansion, but its momentum is lagging behind prior years due to accelerated economic headwinds within the broader labor market,” said Noah Yosif, chief economist at ASA.
This week will be used in the January monthly employment situation report scheduled to be issued by the U.S. Bureau of Labor Statistics Feb. 2.