| Let’s face it – the market has been all over the place recently. With inflation on the rise, tariffs on the horizon, and the unpredictability of the stock market, business owners are dealing with uncertainty in every industry. How is this uncertainty affecting the labor market? I found these trends in a recent article:
- 2025 is shaping up to be the year of the “Great Stay” as opposed to the “Great Resignation” we’ve seen over the past few years. Job switching rates have decreased as more workers are favoring stability over change. With this new trend, there’s an even greater importance in strategic hiring to make sure your newest associates will be here to stay.
- The healthcare industry leads in job growth for February with the addition of 52,000 jobs, according to reports by the Bureau of Labor Statistics. However, many experts expect staffing shortages in key healthcare fields will continue.
- Unionization rates continue to decline, according to the Bureau of Labor Statistics, with 14.3 million union workers in the U.S. in 2024, compared to 17.7 million in 1983.
- Companies appear to be preparing for a slower hiring market, with many opting to focus on part-time and hourly staff instead of filling more management positions.
If you’d like to talk more about how our service could help you add a new associate to your practice, give me a call. DVM has been in the recruiting business for more than 30 years, and since 2020, we have submitted 600 veterinarians to 230 privately owned clinics. We understand the special requirements of finding the right doctor for private practices, and our team has earned a 90 percent success rate in introducing quality candidates to our clients. Allow us to assist your practice in staying on top of recruiting and bringing you top notch professionals. |
