ASA Staffing Index Growth Accelerates
The most recent ASA Staffing Index for the week of May 17 reached 90, the highest level since October 2008. So far this year, the index of temporary help hiring has only declined in one week, and has stayed the same or improved in all other weeks. Compared to the same week last year, the Staffing Index has improved 25% in the most recent week, which provides more evidence of ongoing increases in temporary and contract work.
In previous economic slowdowns, the temporary employment sector is among the first to recover, and signals future broad-based employment improvements throughout the economy in all sectors. The acceleration of growth in the ASA Staffing Index should be a leading indicator of an ongoing sustained, V-shaped economic recovery through the rest of the year.
5 Comments:
In other words, they're getting more people whom are permatemp'd. They just want to get around regulations that should make it as costly (if not more) to contract out.
Not a recovery.
Now it's getting pretty clear that businesses are not hiring permanent employees.
When they're staring at unknown health care costs, significantly higher unemployment insurance premiums, higher income taxes, carbon taxes, favoritism of unions, and a never ending stream of increased regulations, who can blame them?
When they're staring at unknown health care costs, significantly higher unemployment insurance premiums, higher income taxes, carbon taxes, favoritism of unions, and a never ending stream of increased regulations, who can blame them?
So, when has business ever NOT faced increasing costs?
In the eara of the sweatshops which aere the ultimate cause of these regulations?
Who can blame them? Maybe businesses can start with themselves.
Favoritism of usions? How about favoritism of the Board of Directors?
sethstorm whining again says: "They just want to get around regulations that should make it as costly (if not more) to contract out"...
What regulations sethstorm?
Got a link to something credible or is this your usual 'make it up on the fly' type comment?
"In the eara of the sweatshops which aere the ultimate cause of these regulations?"...
Which regulations ? Was it something in the Constitution that no one else had stumbled upon yet?
Sweatshops?!?! Was anyone forced to work in a sweatshop?
Now it's getting pretty clear that businesses are not hiring permanent employees.
Fix it by making the costs of temporary higher than the costs of permanent. Then make it so that automation will not work either.
What regulations sethstorm?
You phrase that as if you already know what you want to hear.
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