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Staffing increased about 12 percent over last 30 days

Posted on January 22nd, 2014 Read time: 1 minutes

Temporary and contract staffing decreased by 4.59 percent during the week of Jan. 6-12, according to the American Staffing Association's (ASA) Staffing Index. The staffing index has reached a value of 90.27, which is an increase year-over-year of .92 percent. Overall, staffing has increased by 12.55 percent over the last 30 days.

According to the ASA, staffing reaches its maximum numbers for the year in mid-November and mid-December, after which it quickly declines for several weeks before rising again in mid-January.

Figures are still coming in from December after the Bureau of Labor Statistics released a lackluster jobs report. Michael Casey of The Wall Street Journal called it an "outlier" due to a mix of bad weather and questionnaire errors. Additionally, the Federal Reserve has put forward that it plans to continue its reduction in quantitative easing to help the economy, which presumably indicates they believe the economy to be strong.

Contract workers are a great solution to the uncertainty in today's economic climate. Because they are hired through an employer of record, risks are minimized, and a company can expand and contract as necessary.

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