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The U.S. producer price index for employment services edged up in March to a reading of 125.9 from 125.8 in February, the U.S. Bureau of Labor Statistics reported today. March’s index reading was up 0.2 percent on a year-over-year basis.
Employment services is just one industry tracked in the producer price indexes. Producer price indexes measure changes in price over time from the perspective of the seller. Data for producer price indexes come from a sample of selling prices as reported by companies.
The employment services industry includes employment placement agencies, temporary help services, executive search services and professional employer organizations.