US Business Services Weekly Datapoints and Week Ahead

Research evidence excerpt

US Business Services Weekly Datapoints and Week Ahead

Powered by Lab Global20 JulyResearch2026ab Evidence UBS YES

US Business Services Equities

AmericasWeekly Datapoints and Week Ahead

Industrial Services

Joshua Chan, CFA

ASA Index Still Strong Analyst

The ASA Staffing Index, which tracks changes in temporary and contract employment, joshua.chan@ubs.com

for the week ending 7/5 was +6.1% yoy, down from +6.5% in the prior week but +1-212-713 9957

remaining strong over a multi-week period. The rolling 4-week average was +6.4%, up Karandeep Singhania

from +6.2% in the previous week. Associate Analyst

karandeep.singhania@ubs.com

SIA Index Updated for Revisions, Robust Strength Across Indicators +1-212-713 4211

The SIA Bullhorn Staffing Indicator, which tracks temporary staffing hours worked based Brianna Kamdoum

on the Bullhorn software, was revised for all periods from Memorial Day to reflect Associate Analyst

benchmarking updates after the closing of H1-2026. US staffing was +11% yoy for the brianna.kamdoum@ubs.com

+1-212-882 5027

week ending 7/4, up from +7% in the prior week. Commercial staffing was +15% yoy,

ahead of +9% in the previous week driven by Light Industrial strength (+19%) while

Office/Clerical weakness persists (-5%). Professional staffing was +6%, up from +4% in

the the previous week, while IT staffing was +7% yoy, up from +3% in the prior week.

Each indicator, with the exception of Office/Clerical, set its greatest yoy comparison

since 2022. On a rolling 4-week basis, the headline index was +8% yoy, up from +7% in

the previous week.

UBS Evidence Lab US Active Job Listings Declines

According to the UBS Evidence Lab US Job Listings Monitor (> Access Dataset), which

tracks job openings across 50,000 US companies, total active job listings were -3% in