The ASA Staffing Index: Timely Employment Trend Info for CT Employers

May 17th, 2011

How’s business?  The ASA Staffing Index can help you answer this question.

The ASA Staffing Index, developed by the American Staffing Association, provides a current measure of staffing industry employment trends.  Published weekly, the index estimates the weekly changes in the number of people employed in temporary and contract work.

Index numbers are reported just nine days after each work week ends, making it a virtual real-time measure of staffing employment trends.  ASA research shows that staffing employment is a coincident economic indicator and leading employment indicator – especially when the economy is emerging from a recession – making the index especially relevant right now for businesses across the nation.

The ASA Staffing Index also serves as a valuable resource for economists, journalists, analysts, researchers and policy makers who are interested in current trends in staffing employment.  Participants account for more than one-third of industry sales offices.

Two numbers are reported weekly.  The first is the weekly percentage change in staffing employment.  The second is the index itself, which shows staffing employment trends over time.  Both numbers are normally posted on the ASA web site on Tuesday mornings.

This Week’s Staffing Index:

Follow this link to view current ASA Staffing Index data.

Monthly Report – April 2011

Staffing employment in April is 7% higher than in the same month last year, according to the ASA Staffing Index.  The index for April is 92, up one index point from 91 in March, suggesting that U.S. staffing employment has increased 1% over the past month.  Staffing employment is typically lowest during the first few months of each year and grows during the subsequent months.

A.R. Mazzotta Employment Specialists – In-Step with Connecticut Employers’ Changing Needs

A.R. Mazzotta delivers customized recruiting services, temporary staffing and workforce solutions to help companies like yours achieve sustained business success as the economy recovers.  What can we do for you?  Contact A.R. Mazzotta today.

The BLS Monthly Situation: What It Is and Why You Should Follow It

August 17th, 2010

Ever feel overwhelmed by the sheer volume of information coming at you each day?

With the barrage of data pouring in from newspapers, TV, the internet, social media, RSS feeds, e-mails, voicemails and good-old-fashioned face-to-face meetings, finding the critical information you need amidst all the “white noise” can be exhausting.

Take the BLS Monthly Employment Situation, for example.  It contains monthly employment estimates for over 1,000 industries from its Current Employment Statistics program.  However, the changes in these overall employment levels tend to be delayed in the monthly labor reports – making it a lagging indicator of economic trends.

Sound like a lot of white noise?

Not entirely.  Temporary help employment numbers, which are part of the monthly BLS report, are generally considered to be a coincident indicator for overall employment.  This means that changes in temporary help employment tend to forecast subsequent changes in overall employment and coincide with changes in economic activity.  Why?  Many companies use temporary staffing as a means to quickly adjust their operations to meet fluctuating demands for their products and services.

Here’s how to get current data for temporary help services in the BLS report:

  1. Go to the BLS Current Employment Statistics home page.
  2. Then select either the HTML or PDF version of the “Employment Situation Summary.”
  3. Data for temporary help services can be found in Table B-1 (page 30 of the report’s PDF version).

Effectively manage the economy’s highs and lows with A.R. Mazzotta Employment Specialists.
Our full spectrum of staffing services for Connecticut employers can help you run lean – while providing on-demand access to the talent you need to meet surges in demand.

Why the Lowest Price Isn't Always the Best Value in Staffing

April 20th, 2010

Most of us today are conditioned to look for the best possible price.  In most cases, this makes good economic sense.  But when it comes to staffing services, the company offering the lowest prices isn’t necessarily going to deliver the best value.

Here are a few good reasons why shopping around for the lowest-priced temporary employees might not be the wisest use of your staffing dollars:

  • To offer you the lowest price, a staffing service may be forced to cut back on the quality and amount of service they provide.  They may not be able to afford the same depth of recruiting and screening.  As a result, they may have more difficulty finding the right candidates for your specific needs.
  • Because of simple supply and demand, the staffing agencies that offer better wages to their temporary employees will most likely get the more talented, skilled, reliable and experienced applicants.  Any staffing firm can find a “warm body” to fill your position.  But finding a quality employee that truly fits your organization may be too crucial to risk – especially for what may boil down to a few cents per hour.
  • Not getting the right person for the job can have very costly ramifications.  For example, a temporary employee who is less than qualified for the position can cause the following unforeseen expenses:
    - additional time (money) up front to adequately orient and train the temporary
    - increased supervision for a less qualified temporary
    - mistakes and reworks – the time, money and materials involved in re-doing the work of a less qualified temporary
    - poor productivity – the amount of work a sub-par employee fails to complete (compared to a qualified individual)

The bottom line is, many things in business aren’t worth risking.  The quality of your human capital is definitely one of them.

A.R. Mazzotta Employment Specialists:  the Best Staffing Value for Connecticut Employers
When it comes to the quality of A.R. Mazzotta’s candidates, you get what you pay for – skilled, reliable, hard-working and experienced people who truly fit your needs.  Rest assured, we will always deliver the best value for your staffing dollar.



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