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UKG: February Features Shift Work Rebound, Holiday Surprise

Live labor market briefing March 5 at 10:00 a.m. ET to analyze frontline workforce trends across industries, business-size segments

Summary:

After a seasonably slower start to 2024 in January, February featured a holiday surprise and workforce activity increased 0.5% to push the labor market in a positive direction, according to the February 2024 Workforce Activity Report published by UKG.

UKG will discuss current and future potential trends shaping the frontline economy on March 5, at 10:00 a.m. ET, including:

  • How the Presidents Day holiday impacted overall shift work in February;
  • Which sectors saw the largest increases in workforce activity for the month;
  • Whether the February rebound is expected to continue; and
  • What to expect from Friday’s jobs report.

Register to attend the live briefing

Significance:

The UKG Workforce Activity Report is a high-frequency index analyzing shift work trends from 4.5 million people across 40,000 U.S. businesses to understand the economy. Reports are published and briefings are held each Tuesday prior to the publication of the BLS Employment Situation Report. Upcoming publication schedule:

  • March 2024 Workforce Activity Report: April 2, 2024
  • April 2024 Workforce Activity Report: April 30, 2024
  • May 2024 Workforce Activity Report: June 4, 2024