June 25, 2024

ASA Staffing Index: Staffing Employment Edges Up in June

Staffing employment improved during the week of June 10–16, with the ASA Staffing Index increasing to a rounded value of 90 for the first time in nine weeks.

New starts saw an even greater improvement in the 24th week of the year, increasing by 10.0% from the prior week. However, just over a third of staffing companies (35%) reported gains in new assignments week to week—below the average of 43% per week so far this year.

The ASA Staffing Index four-week moving average increased from the prior week to hold at a rounded value of 89, and temporary and contract staffing employment for the four weeks ending June 16 was 10.3% lower than the same period in 2023.

“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, incremental improvement depending on the pace of cooling and recovery within the labor market at large,” said Noah Yosif, chief economist at ASA.

This week will be used in the June monthly employment situation report scheduled to be issued by the U.S. Bureau of Labor Statistics July 5.

Read the full story→

Hueman People Solutions Acquires PrincetonOne
Dallas Fed: Texas Manufacturing Activity Stabilizes in June
U.S. Consumer Confidence Weakens Slightly in June
CEO Priorities and Challenges for Second Half of 2024
Demand for Better Cybersecurity Fuels Job Market
DOL June PERM and Prevailing Wage Determination Processing Update
Employee Protections for Victims of Stalking or Domestic Violence
Nevada Employer Alert: Two-Tiered Minimum Wage Retiring With Final Increase to $12 Per Hour Effective July 1
The Hartford’s Future of Benefits Study
Fiverr: Majority of Companies Admit to Not Having Comprehensive Plans in Place Before Layoffs

Upcoming Events

Free ASA Webinar Today—Cybersecurity Best Practices for Staffing Agencies

Don’t miss the ASA webinar “Cybersecurity Best Practices for Staffing Agencies.” It takes place today from 2 to 3 p.m. Eastern time. Cybersecurity has become a critical concern for businesses across all industries, including staffing, and particularly for companies that contract with the federal government. Attorneys Alex L. Sarria and Ashley Powers of Miller & Chevalier will explain what you need to know to ensure compliance with government cybersecurity regulations and requirements. Sponsored by Miller & Chevalier.

All ASA webinars are free for ASA members, and most qualify for continuing education hours toward ASA certification renewal. To learn more and to register, visit americanstaffing.net.

Return to Headlines

ASA Certification Products Are on Sale Through July 31

Make this the summer of employee learning, engagement, and retention—and put your staffing company on the path toward greater success in 2024. Through July 31, you can earn the Certified Staffing Professional® credential from ASA at a discount. You’ll also save on the new ASA Pro Stacks credentialing programs; a la carte study materials; lapel pins and certificate frames; and more.

Certification products are currently 20% off in the ASA store—there’s no discount code needed.

Return to Headlines

ASA Corporate Partners

Staffing Today is published by the American Staffing Association, with news abstracts copyrighted in 2024 by SmithBucklin of Chicago, IL, and all other content copyrighted in 2024 by ASA. No part of this publication may be reproduced without permission.

About ASA

The American Staffing Association is the voice of the U.S. staffing, recruiting, and workforce solutions industry. Learn more at americanstaffing.net.

American Staffing Association
277 South Washington St.
Suite 200
Alexandria, VA 22314-3675