While this summer’s cooldown could be viewed as economically foreboding, it’s important to remember new employees are typically less in demand during the vacationing season. With decision-makers OOO, the hiring process naturally slows.
This summer, however, may feel even more sluggish thanks to a significant uptick in travel. The major airlines saw profits more than double from 2022 stats, and United’s Labor Day bookings alone were up 35% from pre-pandemic numbers.
Despite this, the slow summer did see jobs added to the labor market.
And the slowest? Financial services, but this is a trend we’ve been seeing all calendar year.
In a tight labor market market, it can be a challenge to find high-quality candidates. The Hiring Advisors specializes in finding top-tier talent. To learn more about how we can assist with your hiring needs, book an appointment here. You can also email us at email@example.com or speak to one of our recruiters at (310) 504-3049.