Staffing Industry Trends: Avionté RAW – Real Analytics Week 43

2020 Staffing Industry Statistics: Week 43

Week 43 represented one of the best weeks ever. Not “best” weeks in a month or a quarter or even since the pandemic began; best weeks ever! It was such a positive week, it’s hard to pick one of the numbers to focus on.

This week’s staffing industry statistics: Week 43

Starting with Assignments, we saw a growth of 2.0%. This is the highest full week since August.  Hours, though, were at a staggering increase of 3.1%. We did that once before in July. Also, look at Gross Payroll up 5.1%!  That pushed the mean pay rate all the way to $17.16.  Billing followed suit with a 6.3% increase, which does include some month end billing.

For me, though, the two other numbers are very encouraging:

  1. New Talent saw a 4.6% growth.  That means a lot more people are looking for work which directly leads to more jobs being filled, that increases the hours, which generates more payroll and billing.
  2. For the first time since the beginning of 2019 (week 3) did the industry do more hours in a given week than the year before. Check out the Year over Year graph below.

While we won’t be able to keep this pace up, I’m thrilled to see the industry up 15% in hours YTD and still growing!

Staffing Industry Market Growth Trends

Staffing Industry Trend in Assignments and Hours Billed

 

Staffing Industry Trend in Gross Revenue

 

 

Staffing Industry Trend in New Talent

 

 

Staffing Industry Trend in Users

 

 

Year over Year Staffing Industry Trends: 2018-2020 for Hours and Assignments

 

About Avionté RAW Staffing Industry Statistics

For those new to the Avionté RAW staffing statistics series, the numbers reflected are based on an aggregation of hosted Avionté data from hundreds of staffing and recruiting companies across the US and Canada.

Written by, John Long, Avionté, Founder & Co-Chairman, and Natalie Flint

About Avionté Staffing Software

Avionté is a leader in enterprise staffing and recruiting software solutions, offering innovative end-to-end staffing software 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.