Canadian Staffing Index Up 8% Over Year But Reflects Seasonal Pattern Of Lower Volume

By Author: Spotlight Data
Total Articles: 16
Comment this article

The Canadian Staffing Index rose 8% in December on a year-over-year basis to a reading of 99. The index is released by the Association of Canadian Search, Employment and Staffing Services.

Index readings reflect the volume of labor supplied by temporary staffing agencies in Canada. They are based upon the number of billed hours reported by a monthly panel of staffing firms.

On a month-over-month basis, the index fell 13% in December.

“The December index reading implies that billed hours were up slightly compared with December 2018 after adjusting for number of working days,” said Timothy Landhuis, research director at Staffing Industry Analysts. “The reading also reflects the seasonal pattern of relatively lower volume in the month of December due to year-end holidays.”

The index, produced by Staffing Industry Analysts on behalf of ACSESS, is not adjusted for seasonal factors. The index value of 100 corresponds to the size of the industry in July 2008, when the index began.

KEYWORDS: Staffing analytics,Revenue analytics,Predictive ...
... staffing,Predictive Recruiting,Business Intelligence for Staffing,
Business Intelligence for Recruiters,Business Intelligence Dashboard,Revenue Intelligence Dashboard,Analytics for staffing industry,Data analytics for staffing industry,Big data for staffing industry,Dashboard BI,BI Tool for staffing,BI Reporting Tool,Data Analytics Reporting Tool,BI Dashboard,Metrics and KPI,Data Analytics,Big Data,Why is Data Analytics important,Big data software for staffing industry,Alternative to Microsoft Power BI,Sales Analytics,Performance analytics,Visual report generator
Inside sales management,Effectiveness and efficiency,Effectiveness vs efficiency,Sales Dashboard,Forecasting tool,Win rate calculator,Hire rate calculator,Grow company,Staffing Metrics,Hiring Metrics

Source: https://www.spotlightdata.co/2020/02/canadian-staffing-index-up-8-over-year-but-reflects-seasonal-pattern-of-lower-volume-52550/

Spotlight Data is the leader in data analytics for staffing companies. Improve your staffing metrics with a custom predictive staffing, revenue performance analytics, and business intelligence tool with real-time goal tracking and forecasting. Start your free trial or get a demo today.