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Economy

Worker Presence at European Factories Falls Lower than April Levels

Source: https://huq.io/indicators/worker-presence-at-european-factories-falls-lower-than-april-levels/

Staffing levels at industrial facilities across Europe have fallen significantly with much of the continent in the midst of lockdown, with worker presence in some sectors dropping to levels beneath April. The second wave has brought steepest declines to Aerospace, Chemical and Food producers. Worker presence across Automotive and Defence manufacturers has also declined, although less than across other sectors. The impact this will have on productivity and output through Q4 2020 remains to be seen, but in any eventuality this outcome demonstrates the significance of these new restrictions for employers across the region.

The Huq Index measures the presence of workers across 760+ industrial production facilities in 27 European countries, and indexes the daily value to the mean for the month of January 2020. The Index constituents incorporate the largest five producers by market capitalisation for the six biggest manufacturing industries in the region.

To learn more about the data behind this article and what Huq has to offer, visit https://huq.io/.

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Data is changing the speed of business. Investors, Corporations, and Governments are buying new, differentiated data to gain visibility make better decisions. Don't fall behind. Let us help.

DATA PROVIDER SPOTLIGHT

ForwardKeys

ForwardKeys is one of the leading travel analytics firms that provides investment firms with alternative and predictive data on the travel industry. Data is offered both on the demand and the offer-side of the aviation market.

Actual Air Reservations is an aggregation of flight bookings made via the Global Distribution Systems. Exclusive agreements make that global travel data is available, including regions that are generally difficult to track. This data contains valuable insights into the profile, behaviour, and impact of events on past, present and future air travellers.

Seat Capacity provides insights into the scheduled flights from 99% of global commercial airlines.

Financial institutions use this data for artificial intelligence and predictive models to forecast the performances of businesses. Combined, the datasets can provide insights into the financial health of businesses operating in the travel and tourism industry. This list contains companies like airlines, airplane leasing companies, oil companies, hotels and travel agencies.