Avionté RAW: Real Analytics Weekly – Week 34

Week 34 was another strong week for the staffing industry led by Assignments up 2.4%.

It’s so exciting to see a positive YTD for Gross Payroll!  I continue to be amazed by how consistent our recovery has been, both in respect to reliability and strength.  How many other industries are recovering 7% every month?!

Here are the numbers:

Staffing Performance Week 34

Going forward, I’m going to change things up a bit – emphasizing global statistics each week and then bringing in state/province numbers in the last week of the month.   I know everyone is busy so I’ll keep it simple and not overwhelm with graphs!

We’ve added New Talent to the mix.
New Talent is simply defined as new talent records entered that week.  It’s a good proxy for new individuals looking for work.  This week was a solid week at 1.9% Week-over-Week, bringing the 4-week total to a healthy 5.6% growth.   This pattern is consistent with the other major indices.

New Staffing Talent Week 34

Another note – the mean pay rate went up to $16.79/hour, up from $16.53 two weeks ago (1.6%) and the highest rate since the end of May.

Staffing Data Results 

Staffing Hours YTD% Week 34

Staffing Assignments YTD% Week 34

Staffing Gross YTD% Week 34

Staffing Users YTD% Week 34

Year over Year comparison: 2018-2020 Staffing Hours and Assignments

Hours Year over Year Compare Week 34

Assignments Year over Year Compare Week 34

 

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.