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.
Due to the short holiday week, we’ll be covering both week 26 and week 27 in this edition of RAW.
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.
Week 26: Generally positive week, with hours, gross and billing being up modestly but assignments were slightly down.
Week 27: Holiday week numbers are always a little frightening at first glance – Hours down 16.1%! But let’s look at some brief historical comparisons. With Independence Day consistently falling on week 27, it makes it easy to see how 2020 stacked up to previous years.
27 vs 26: Holiday vs previous week
28 vs 27: Historical bounce back from Holiday to a full week.
28 vs 26: Historical two-week window.
In comparison to previous years, hours for 2020 are looking solid. The assumption is that most businesses only observed Independence Day on July 3rd as opposed to also decreasing hours on July 6th. The bounce back for previous years was substantial, so I am optimistic that we’ll continue the trend and experience a strong week 28 for 2020 as well. Tune in next week!
We are tracking distinct users as a proxy to see how staffing firms are responding as it pertains to internal staff.
If you remove the holiday weeks, we’ve shown a 9 week stretch of steady increase, and Week 26 was up .3%.
The holiday week (Week 27) showed a dip of -2.1%. Sneak Preview: we do have an early sightline into week 28 which is looking to be up around 1.8%.
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.
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.
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