Tuesday, July 20, 2010

ASA Staffing Index 24% Above Same Wk. Last Year

The weekly American Association Staffing Index for temporary help and contract work continues to show strong gains compared to the same week in the previous year, and the index has increased in every week this year vs. 2009 (see chart abvoe). For the last twelve weeks (starting April 19) the weekly gains have been above 20%, and for the last 20 weeks (starting Feb. 15) the gains have been above 10%. Compared to last year, the ASA Index was 24% higher during the 28th week of this year (July 5 - 11 this year).

2 Comments:

At 7/20/2010 3:24 PM, Blogger Benjamin said...

I dunno. This is yet another chart where the latest reading is down from the previous reading (if higher than a year ago).

This is getting very squishy.

We need an aggressive Fed. We need stimulus. At this point, money drops from airplanes would be a better idea than a long, deflationary recession.

 
At 7/21/2010 1:31 PM, Blogger Dr William J McKibbin said...

Most interesting, yes...

 

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