ASA Index Flat Week Over Week

The troubling trend continues. Employers are willing to hire temporary workers, but not permanent workers. This weeks ASA index remained strong, indicating that temporary and contract work is in demand. From the ASA:

During the week of Sept. 27–Oct. 3, 2010, temporary and contract employment remained unchanged (-0.03%), 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.

Click chart for larger image. The shaded area indicates recession (according to the NBER).

Black Swan Insights


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