Average Weekly Shift Work Growth for August Hovers At 1%
Kronos U.S. Workforce Activity Report Shows Shift Growth Still Lags Well Behind May, June Volume
Kronos Incorporated:
National Overview:
According to the U.S. Workforce Activity Report from Kronos Incorporated for Aug. 17-23, shift work volume1 grew 1.2% week-over-week – though 40% of that growth is directly attributed to K-12 and higher education activity as the fall semester continues to ramp up. When adjusting for the seasonal flux of education sector activity, shift volume growth sits at just 0.8%, marking the fifth consecutive week of sub-1% seasonally adjusted shift volume growth.
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Growth Averages:
August average weekly shift growth totals:
Week ending Aug. 2 shift growth: 0.4%
Week ending Aug. 9 shift growth: 0.5%
Week ending Aug. 16 shift growth: 1.4%
Week ending Aug. 23 shift growth: 1.2%
Average weekly shift growth by month:
May average weekly shift growth: 2.7%
June average weekly shift growth: 1.9%
July average weekly shift growth: 0.7%
Aug. average weekly shift growth: 1.0% (as of Aug. 23)
Region Snapshot:
All four regions experienced positive gains week-over-week. Midwest2 shift volume grew 1.9% week-over-week, while the Northeast3, Southeast4, and West5 all increased 0.5% over the prior week.
Industry Analysis:
As denoted in the prior two reports and continuing for the week of Aug. 17-23, public sector shift volume grew another 5.4%, driven largely by K-12 and higher education activity. Manufacturing gained 1% shift volume, while healthcare; retail, hospitality, and food service; and services and distribution remained essentially flat in growth.
Commentary:
Dave Gilbertson, vice president, strategy and operations, Kronos
“Main Street businesses are eagerly counting down until Labor Day, when the inertia of the typically slow summer season is traditionally replaced by more robust activity. However, the last six months have been anything but typical. Business owners, employees, and anxious job seekers are hoping that the changing of the seasons will bring renewed vigor to the shiftwork recovery.”
Timeliness:
The Kronos U.S. Workforce Activity Report provides near real-time shift data through Aug. 23 for 3.2 million employees to provide insights into weekly workplace activity trends for Main Street businesses.
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