Week 46 was a disappointing week across most of the major indices, further supporting my worry of a general slowdown. Assignments and Hours were off by 1.6% and 1.7% respectively. Gross was only moderately off and Total Billing did manage to increase a little. Below are the numbers.
This week’s staffing industry statistics: Week 46
The most positive statistic was New Talent, popping up 2.9%. This is the third time in the last four weeks to post an increase of at least that amount. The notion of the increased New Talent (i.e. individuals that are applying to the agency) might be an indication of societal interest in working as a contingent worker.
As noted last week, the 4-week average for the main indices continue to drift down, supporting the feel of “leveling off” on our historical growth rate.
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.