Tuesday, October 19, 2010

ASA Staffing Index Holds Steady at 100 for 3rd Wk.

From today's American Staffing Index's weekly report: "During the week of Oct. 4–10, 2010, temporary and contract employment dipped slightly (-0.21%), maintaining the ASA Staffing Index at a value of 100.  At a current index value of 100, U.S. staffing employment is 45% higher than the level reported for the first week of the current year and is 23% higher than the same weekly period in 2009.

From the Monthly Report: "Staffing employment in September is 25% higher than in the same month last year, according to the ASA Staffing Index. The index for September is 96, up one point from 95 for August, suggesting that staffing employment has increased about 1% over the past month."

MP: The ASA Staffing Index has remained at a level of 100 for the last three weeks, which is the first time in 29 months (since May 2008) of three consecutive weeks at 100 for the nation's key barometer of the demand for contract, temporary and freelance employment.  As a leading indicator of nonfarm employment, the ongoing improvements in temporary help employment signal future gains in permanent employment opportunities.  


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