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The Industry and Its Future

     Government statistics and research conducted by major think tanks suggests that recruiting shall continue to be one of the fastest growing careers in America, perhaps tripling in the next five years. Many factors support these projections. Below is a list of only a few:

  • Annual employee turnover rate is close to 50%.
  • As Baby Boomers leave the job market there will be more jobs than workers.
  • New and continuing legislation is releasing employees from the corporate handcuffs of the past.
  • Recruiters have become the accepted outsourcing method for filling positions.
  • American companies will continue to compete for the best in order to maintain their technological lead.

 

     For the first time in history, the Western World is developing a structural labor problem  -- one that is not subject to the same cyclical events as the rest of the economy.

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