One of the advantages of being a recruiter is that you're at the bow of the ship when it comes to seeing employment trends and shifts in the economy. It will be 36 years for me this coming July 5th. I can say with utmost certainty that the economy has slowed a bit and consumer confidence is waning in the face of an upcoming election. When you see companies like Mercury Marine and BRP laying off people, it's a sure sign that people are spending less on leisurely items (boats/motors), and generally being more conscious with their expenditures. I've also heard several people (business owners/managers) in my roundtable group say that they are starting to get unsolicited resumes, which tells me there are more available candidates than we've seen since pre-covid. Even though a slowdown is eminent, we remain very busy because there is still a huge shortage of skilled and technical candidates for many jobs, and several companies are still short staffed. We continue to get orders for a variety of skilled trades and engineering positions. If you or someone you know is looking for a new opportunity, we'd be happy to speak with them.
State of Employment
George Patterson
6mo
Thanks for your update, Dave. I’m also seeing signs in the insurance area that the economy is starting to fade.
Mike Sylvester
6mo
Very responsible reasoning.
President at WFA Staffing Group
6moCongrats Dave 36 years well done :)