Week 40 brings mixed messages
For week 40, the major metrics were mixed. Assignments and New Talent showed substantially positive increases (2.0% and 2.3% respectively) but Hours were surprisingly down for the week. In fact, only once did we show a negative Hours week for a non-holiday week since the recovery started mid-April. The negative hours directly led to a reduction in Gross – which also was unique since the recovery for “on”/non-holiday weeks since the recovery.
Here are the numbers:
New Talent Results
The strong 2.3% increase in new talent is encouraging, which was the largest growth since mid-August.
Another positive note – staffing companies added 1.1% more users in week 40, the biggest jump since July. In general, that’s the 9th straight increase in Users, supporting the notion that agencies are hiring again to meet their strong demand.
Staffing Data Results
Year over Year comparison: 2018-2020 Staffing Hours and Assignments
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
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.