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PRO Unlimited Reveals Summer 2021 Hiring Trends for the Modern WorkforcePRO Unlimited, the modern workforce management solutions provider, today announced new labor market trends for the modern workforce (i.e. non-employees, contractors, consultants) based on year-over-year comparisons across its robust database, which includes more than 30 billion data points. PRO's data shows YoY growth in the technology sector as companies accelerate digital transformation, and strong hiring volume across the San Francisco Bay Area, as well as in Oregon and several midwest states, including Minnesota and Indiana. "According to our latest data, all signs point to a strong recovery coming out of the pandemic and plentiful job opportunities to fuel the contingent workforce segment," said Kevin Akeroyd, CEO of PRO Unlimited. "To stay competitive, companies need to embrace technology and business intelligence so they can better understand the market and attract the right resources for their business at the right place and at the right time. And our clients can achieve that through real-time data and insights via our DaaS and SaaS (News - Alert) workforce solutions." Key trends surfacing based on YoY hiring comparisons and other data points in PRO Unlimited's massive database include:
IT/Technology and Professional Services Drive Digital Transformation Projects
Healthcare Continues Strong Rate Growth, Consumer Products Rebounds
Top 10 U.S. Cities for Hiring Professional / White-Collar Workers Based on YoY Hiring and Pay Rates
Fastest Growing In-Demand Career Paths for the Modern Workforce
While COVID-19 certainly impacted the entire contingent workforce market last year, PRO's latest hiring figures also suggest a significant rebound and point to bright spots for new grads who will be entering the workforce this fall. Data points to growth in a mix of smaller cities (Bloomfield, CT, +11%) and urban centers (San Diego, CA, +11%), and economic opportunity in the healthcare, life sciences, technology, financial services and energy sectors, while hiring in Salt Lake City, UT (-11%) and Los Angeles, CA (-1%) continues to decline. The data featured in this report is based on trends in PRO's database - the largest, most accurate data repository ever assembled. Hundreds of the world's most recognizable companies use PRO to manage their modern workforce of contractors, consultants and temp/non-employee workers. PRO's team of industry experts aims to provide actionable intelligence and insights with an impactful assessment of targeted global talent markets. PRO applies proprietary algorithms to aggregate, cleanse and anonymize data across a variety of internal and external data sources. PRO manages data on hundreds of thousands of workers annually across 51,000-plus unique roles globally, providing insights on rates, skills premiums, efficiencies, candidate supply/demand, hiring competition and the global competitive talent landscape. The solution is backed by its multi-industry business rate intelligence platform and global job taxonomy across 160-plus countries and with input from 600-plus "Skills Village" compensation experts. This internal data ocean is combined with strategic partnerships that provide further access to industry-leading compensation data. The information is validated with data providers and local market compensation experts to augment the company's data to ensure current, relevant market indicators that help with data analysis. The intelligence provided empowers an in-depth understanding of the competitive environment, talent pool, legal and regulatory impacts, workplace dynamics, and social/political factors as they relate to the global labor market. Learn more by downloading the PRO Labor Market Report here. PRO Unlimited is scheduled to release its next installment of the Labor Market Report in August 2021.
About PRO Unlimited
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