The American Staffing Association's (ASA) Staffing Index
for temporary employment activity rose to 94 last week, which was the highest index reading for Week 21 since 2008 when the index was also 94. It's just several points below the 96 index level for the comparable week in 2007. It's also the highest weekly reading so far this year, and 8% above its year earlier level. The ASA Staffing Index has historically been a leading indicator for the overall labor market, and the upward trend this year in the index to a four-year high last week could be an indication of broader-based employment gains over the summer months.