SourcePoint Staffing LLC released its survey of local manufacturing, distribution, business services, and financial service businesses regarding the impact of the pandemic on their businesses.
“The impact of the pandemic on most Milwaukee area businesses has been profound. The Survey found that although some businesses experienced growth, the majority (65%) suffered unusual and unprecedented decline in revenues, backlog, and their workforce,” stated Steven J. Appel, Chief Executive Officer of SourcePoint Staffing LLC.
“Some reductions in workforce are expected to be permanent, which, if actually experienced, could have a long-term impact on greater Milwaukee in many ways beyond its economic well-being”, Appel stated.
“Despite the declines in revenues and backlog, businesses surveyed are optimistic about a recovery to normal by the end of 2020 or in the first quarter, 2021”, Appel stated.
A detailed analysis of the survey can be found on SourcePoint Staffing’s website, https://sourcepointstaffing.com/2020/06/09/milwaukee-area-businesses-surveyed-confirms-pandemic-unparalleled-impact-on-local-businesses/
SourcePoint Staffing is the Winner of the 2020 and 2019 Top Choice Employment Agency in Greater Milwaukee and one of the winners of the 2019 Expertise Best Employment Agencies in Milwaukee. SourcePoint is focused on the industrial and office professional markets.
SourcePoint Staffing serves the greater Milwaukee area from its locations at 12745 W. Capitol Drive, Brookfield, WI 53154, and 569 W Lincoln Ave., Milwaukee, WI 53207.
Visit our website at http://www.sourcepointstaffing.com.