ASA Staffing Index Reaches 91-Week High in July

The American Staffing Association (ASA) Staffing Index for temporary and contract employment activity reached a 91-week high of 92 for the week of July 19, the highest level since a reading of 93 for the week of October 20, 2008 (see chart above, data here).  Compared to the same week last year, the latest ASA Staffing Index has improved by 24.3% for Week 30 (see bottom chart above). This marks the 14th week in a row with percentage gains above 20% compared to the same month in 2009, the 23nd straight week of double-digit percent increases vs. 2009, and the 29th consecutive week for the ASA being above the same level in the previous year (ever week this year).

The ongoing gains in the ASA Staffing Index every week this year to a new 91-week high hopefully translate eventually into more broad-based, permanent job creation as we move forward.