Markets and industries are not invariable, and many businesses are realizing that they find themselves behind in the competition if they fail to adapt to the changes in the markets.
The Staffing Industry Is Growing Rapidly
We are all realizing how fast the technology industry is changing and growing, but the staffing industry is growing just as well. According to the Bureau of Labor Statistics, there are three industries in the professional sector that are projected to see a significant increase in jobs. The employment services industry is expected to see an increase of nearly 500,000 jobs by 2024. Staffing franchise owners are starting to see the increasing need for a staffing service as quality talent becomes in short supply and more people are looking for flexible work schedules.
Workers Want Flexibility
We are expecting major changes in the working environment as more job seekers are not looking for full-time or long-term positions. Job seekers are aware of the benefits and advantages of having a full-time job, but many people are choosing flexibility over benefits. Many people do not want to spend a large portion of their lives working for the same company doing the same thing on a daily basis. Many people appreciate the flexibility because they will have the ability to take the time to improve their skills while going through life at their own pace.
What About The Unemployment Rates?
When there is a small pool of people looking for full-time jobs, this means a staffing franchise will have a variety of job seekers to hire. When a business has to recover or when an entire economy has to recover, temporary employment will be preferred over full-time employment. Temporary employment can result in fewer costs, and a company will see fewer risks in employees leaving the company suddenly. As a result, more companies will be willing to hire workers on a temporary basis.
The staffing industry has a critical role in the working industry because of the ability to provide rewarding opportunities for millions of employees every year.
Introducing your own business can certainly be rewarding and fulfilling, especially when you had to go through the fire and the storm to create it. Staffing franchises offer another experience for future business owners who want to target the staffing sectors without having to recreate the wheel. If you want to learn more about a staffing franchise, contact us today or take a look to see if a staffing franchise is right for you.