The Biden Administration is also looking for more Federal involvement and accelerated distribution, which could mean more contracts. Several US states have begun awarding contracts for companies to support the vaccination program. This complex logistical challenge is starting to take shape at the State, National, and International level. While 2020 was more about transforming our businesses and testing, the focus for 2021 shifts to vaccination distribution and moving beyond COVID.

Moreover, companies who went into hiring freezes (and likely downsized their Talent Acquisition teams) are now trying to decide how to build back the capacity for finding talent. Now companies are dealing with ramping back up their workforces and managing the “invisible demob” as employees who have been stranded on projects for up to a year look to stay home with no warning. Through a series of tests, quarantines, charters, PPE, and social distancing, we have continued to persevere. The good news is that our industry is both resilient and creative, and we have figured out how to continue to push talent out to the projects to keep the missions going.

COVID Impact: We made it through 2020 by adjusting just about every part of our personal lives and our businesses.

Most of us have closed out 2020 and are looking deep into 2021, so we wanted to take the chance to do a Recap for 2020, provide a State of the Industry, and give our Forecast for 2021.

The last PTS Quarterly Update we did was for Q3 in September 2020 in the format of a virtual webinar with ISOA (here is the link Q3 Industry Update).

Pts 2020