October 25, 2022

ASA Staffing Index: Staffing Employment Steady in October

Staffing employment held steady in the week of Oct. 10–16, inching up 0.1% to hold at a rounded value of 108. Staffing companies mentioned several factors—including conversions of temporary workers to permanent, a holiday, and seasonal business fluctuations—as barriers preventing further growth. Staffing jobs were up 2.8% from the same week last year.

New starts fell in the 41st week of the year, declining 2.2% from the prior week. Nearly four in 10 staffing companies (38%) reported gains in new assignments week-to-week.

“Staffing employment remains in positive territory compared with 2021,” said Tim Hulley, ASA assistant director of research.

The ASA Staffing Index four-week moving average edged up from the prior week to hold at a rounded value of 108, as temporary and contract staffing employment for the four weeks ending Oct. 16 was 3.8% higher than the same period in 2021.

This week, containing the 12th day of the month, will be used in the October monthly employment situation report scheduled to be issued by the U.S. Bureau of Labor Statistics Nov. 4.

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Upcoming Events

Staffing World Starts in Las Vegas—Last Chance to Attend Virtually

Staffing World® starts today and continues through Thursday at the MGM Grand in Las Vegas. The ASA annual convention and expo is your chance to make strategic connections and get solutions to fuel your growth and success.

The Opening Super Session kicks things off today with a keynote presentation by Earvin “Magic” Johnson (sponsored by World Wide Specialty). Today’s agenda includes the Super Session “Panel Discussion: Straight Talk From Staffing CEOs” (sponsored by Anthem), breakout sessions, and expo hours.

If you can’t be there in person, you can experience Staffing World Virtual from your computer or other device. Register at staffingworld.net as a virtual attendee to view session livestreams, interact with colleagues and presenters in the chat, participate in moderated Q&As, and more.

Keep up with what’s happening at Staffing World on Twitter, Instagram, and Facebook.

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Free ASA Webinar Next Week—Managing Workers’ Compensation Costs

Workers’ compensation costs are among the largest expense for many companies, particularly in the staffing industry. Find out various business decisions affect workers’ compensation costs—and how you can reduce those costs and make more profitable business decisions—during the ASA webinar “Cutting Costs: Winning Workers’ Compensation Strategies.” It takes place Tuesday, Nov. 1, 2–3 p.m. Eastern time.

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.

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Staffing Today is published by the American Staffing Association, with news abstracts copyrighted in 2022 by SmithBucklin of Chicago, IL, and all other content copyrighted in 2022 by ASA. No part of this publication may be reproduced without permission.

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

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