Real-time data on COVID-19 impacts
The state of hourly work at Colorado small businesses
The spread of coronavirus (COVID-19) is having a devastating impact on small businesses and hourly workers. At Homebase, we are in a unique position to see this happen in real-time. In the interest of transparency, we’re sharing our data publicly here, so that governments and communities can understand and support the people who are most impacted. We’ve also created guides and resources to help small businesses navigate the crisis.
The data on this site is delayed 4 weeks. If you are interested in access to real-time data feeds, please reach out to us at email@example.com.
The impacts of COVID-19 on Colorado have been far-reaching. The Homebase data gives us insight into these impacts through three key measures:
1) the volume of hours worked by employees
2) the number businesses open at all
3) the number of employees working
Compared to January benchmarks, all three measures have shown dramatic declines before stabilizing at a “new normal.”
Note: While the Homebase data has robust coverage across Colorado, some of the specific industry cuts may result in smaller segments and, hence, some volatility in the key measures.
This dataset is based on Homebase data for over 60,000 businesses and 1 million hourly employees active in the US in January 2020. All the rates compare that day vs. the median for that day of the week for the period Jan 4, 2020 – Jan 31, 2020.
- Hours worked is calculated from the hours recorded in Homebase timecards.
- Locations open is based on whether or not a business had at least one employee clock-in.
- Employees working is based on the distinct number of hourly workers with at least one clock-in.
Note that the cyclical dips represent the weekends—one interesting insight from the data is that businesses are more likely to be closed on the weekends, relative to weekdays, in comparison to the January benchmark.
By Business Type
Not all industries have been impacted in the same manner. Use this page to explore the impact of COVID-19 across different industries in Colorado. As lockdown restrictions are eased, the dynamics across industry will continue to change.
Note that the Homebase data set is more heavily weighted towards Food & Drink and Retail businesses. As a result, some of the smaller segments (e.g. Transportation) may experience more volatility due to smaller samples.
Food & Drink
Home and Repair
Beauty & Personal Care
Health Care & Fitness
Leisure & Entertainment
Homebase makes work easier for 100,000+ small (but mighty) businesses with everything they need to manage an hourly team: employee scheduling, time clocks, team communication, hiring, onboarding, and compliance. Don’t call us HR or Human Capital Management. We’re tools built for the busiest businesses, so owners and employees can spend less time on paperwork and more time on what matters.