Avionté RAW: Real Analytics Weekly – Week 23
Yup – huge week for staffing! Now, about half of that is a bounce back from the short Memorial week, but even if we compare week 21 to week 23, we see a 7.5% increase in hours.
Week 32 continued the strong recovery of the staffing industry. I think at this point, we may be able to say “recovered”! As shown in the numbers, the industry in general (particularly C/LI) has declined in each of the last 3 years. I’m very interested to see if this current growth trending to continue in 2020 will surpass 2019 levels.
For this week, all major indices were again positive, and Gross leading the way with a massive 3% Week-Over-Week increase!
This brings the YTD total within 1% of where we stood at the beginning of the year. Also, note the strong 4-week average – and consistency – of the 4 main metrics. Strong last month!
We are also tracking our distinct users as a proxy to see what staffing companies are thinking from an internal staff point of view. Week 32 showed a solid gain of .7%, following 2 softer weeks
The rate of change shows the percentage movement week-over-week so that we can get a sense of trending up (or down) faster or slower.
The state is where the work was performed (customer worksite) and we’ve only included states where we have substantial hours (> 10,000), to help display trending.
For those new to the Avionté RAW series, the numbers reflected are based on an aggregation of hosted Avionté data from hundreds of customers across the US and Canada.
Written by, John Long, Avionté, Founder & Co-Chairman, and Natalie Flint
About Avionté
Avionté is a leader in enterprise staffing and recruiting software solutions, offering innovative end-to-end staffing solutions to over 900 customers and 25,000 users throughout the U.S. and Canada. Avionté delivers a robust platform for clerical, light industrial, IT, and professional staffing firms to maximize profits and boost productivity.
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