UKG Workforce Activity Report: As Omicron-related illnesses decline, activity increases across industries, sectors and geographies

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LOWELL, Mass. & WESTON, Florida–(BUSINESS WIRE)–UKG:

National overview:

the UKG Workforce Activity Report for February 2022 indicates the total number of shifts worked1 by people in U.S. businesses rose 6.6%, the largest monthly increase in shiftwork since the spring of 2020. This growth represents a strong rebound from the 5.1% decline due to the omicron of January, which was the largest decline in workforce activity of the pandemic, excluding First Outages of April 2020. February ended on a continued acceleration and growth of December to February (1.4%) matches the growth pattern recorded during the same period last year.

Remark:

Dave Gilbertson, Vice President, UKG

“Much of the February growth can be attributed to a strong recovery from the mid-January low created by the omicron surge. Yet looking at the longer-term trend, it is very clear that people are increasingly leaving the sidelines to join the workforce. UKG data shows an acceleration through the end of February, as well as for the December-February period. This is great news for businesses, who have struggled for far too long to hire. This is also great news for all staff in general, as increased help will alleviate the pressure, stress and burnout created by the lack of staff that many people continue to It will be interesting to see if higher work participation rates stem the big dropout we are seeing.

Industry Analysis:

As the omicron surge wanes, all industries saw strong growth, offsetting the steep losses suffered in January:

  • Public and non-profit sector: 11.3%

  • Services and distribution: 6.8%

  • Manufacturing: 6.5%

  • Retail trade, hotels and restaurants: 5.1%

  • Health: 3.6%

Overview of the region:

The strong recovery generated growth in all regions:

  • Northeast2: 7.8%

  • Midwest3: 6.5%

  • Where is4: 6.5%

  • South East5: 6.0%

Size of the company :

All business size segments also saw strong growth in January, although large businesses continue to outpace small businesses:

  • Less than 100 employees: 5.9%

  • 101-500: 5.9%

  • 501-1000: 6.4%

  • 1,001-2,500: 7.9%

  • 2,501-5,000: 10.5%

  • Over 5,000: 6.2%

Opportunity:

the UKG Workforce Activity Report is a high-frequency index analyzing shift work trends for 3.9 million people across 35,000 US companies to understand job creation and economic dynamics.

About UKG

At UKG, our purpose is people. Resulting from a merger that created one of the largest cloud computing companies in the world, UKG believes that organizations succeed when they focus on their people. As the world’s leading provider of HCM, payroll, HR service delivery and workforce management solutions, UKG offers award-winning Pro, Dimensions and Ready solutions to help tens of thousands of organizations across geographies and in all industries to drive better business results, improve HR efficiency, streamline the payroll process, and help make work a better, more connected experience for everyone. UKG has 13,000 employees worldwide and is known for its inclusive corporate culture. The company has won many awards for culture, products and services, including consecutive years FortuneList of top 100 companies to work for. To learn more, visit ukg.com.

Footnote 1: “Shifts worked” is a total derived from aggregate employee time and attendance data and reflects the number of times employees, particularly those who are paid hourly or must be physically present at a workplace to perform their work, “point”. and “check out” via clock, mobile app, computer, or other device at the start and end of each shift.

Footnote 2: Northeast is defined as Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont, Virginia and West Virginia.

Footnote 3: The Midwest is defined as Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, Oklahoma, South Dakota, Texas and Wisconsin.

Footnote 4: West is defined as Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington and Wyoming.

Footnote 5: Southeast is defined as Alabama, Arkansas, Georgia, Florida, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, and Tennessee.

Copyright 2022 UKG Inc. All rights reserved. For a full list of UKG brands, please visit ukg.com/brands. All other trademarks, if any, are the property of their respective owners. All specifications are subject to change.

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