Coming out of 2020 and 2021, the worldwide pandemic continues to shape the business world. More companies are adopting a hybrid work model, allowing employees the flexibility to work both remotely and physically back in the office. According to Staffing Industry Analysts, the top industries for remote and hybrid work will be Information Technology and Insurance Industries, Finance, Legal Work, and Business Services.
According to Staffing Industry Analysts, “For 2022, we project US staffing industry growth of 3%, as conditions in the US economy normalize. Our forecast includes 3% expansion for both commercial and professional staffing, along with 8% growth in place & search as it continues to recover from pandemic declines.”
The US Staffing Industry declined in 2020, however has since quickly rebounded. According to SIA, in 2021 they project total US temporary staffing will grow 11%, surpassing 2019 levels, and will reach a record high. Furthermore, they "forecast growth of 12% in office/clerical, 16% in industrial, and 9% in IT staffing. We project 7% growth in healthcare staffing, and double-digit expansion for the smaller professional segments with the exception of life sciences, growing 7%."
While there was a decline in permanent placements and retained search in 2020, in 2021 and 2022 they will continue to increase to the numbers they were before the pandemic. SIA forecasts a 15% growth for both direct hire and retained search in 2021.