Market Insights: The Industrial Hiring Gap

Manufacturing. So hot right now.

Last year, Hirewell kicked off 21 new RPO and volume solutions engagements. Eight of them came within the Industrial space.

Why is there so much opportunity in that space? A few reasons.

1) The aging workforce is most prevalent in the manufacturing and industrial world. Every day, we have clients talk to us about succession planning. There is a shortage of talent that is only getting worse.

2) The reshoring of the American Manufacturing sector. Supply chain issues over the past four years have shown the dangers of offshoring important parts of our manufacturing sector. The push to move more jobs back to the US has only gotten stronger with Trump back in the White House.

3) Lack of options in the recruiting world. We didn't do much in Manufacturing prior to 2020. It is an industry that has been dominated by temp firms that have never been forced to innovate. That is now happening through technology solutions and RPO firms that provide a lower cost, flexible solution (like Hirewell!).

It has created a perfect storm of opportunity that we don't see slowing down any time soon.

Jeff Smith and James Hornick address why the backbone of the US economy is largely underserved by the recruitment industry in The 10 Minute Talent Rant, Episode 104, "Why Aren’t Recruiting Firms Innovating In The Industrial Sector?”

Thanks for tuning in!

- Matt Founder, CEO - Hirewell??