Category Bob Wolter’s Staffing and Human Resources Blog

On May 22nd & 23rd I attended the Midwest Staffing Conference in Schaumburg, Illinois at the Hyatt near the Woodfield Mall. In attendance were executives, staff and vendors to the staffing industry primarily from Illinois & Wisconsin, with a smattering of members from Iowa, Missouri, and Indiana. Having specialized in the staffing industry for ten years, it was great to meet these people in person. There were great workshop programs and key note speakers which emphasized the importance of what this great industry lends to…the local economies and the nation as a whole. I learned that the staffing industry provided 1.1 million jobs in Illinois last year and 337,000 in Wisconsin. Nationally, there were 16.8 million jobs generated by the staffing industry representing $167 billion in revenues. This is a 4% increase over 2017 and there are currently 1.8 million jobs unfilled in this country.  All in all, the staffing industry represents a little more than 2% of the nation’s employment. There is great opportunity out there to grow even in this tight labor market. I met some terrific up and coming professionals while there.

Business owners’ traditional routes to selling their companies was to a strategic buyer, a financial buyer or handed it down to family members. Today, more and more business owners are entertaining selling only a portion of their business and staying on to assist operating it.

Online Staffing using the Human Cloud was in its infancy 10 years ago and has quickly blossomed into a $50 billion piece of business.  The staffing industry is evolving with today’s technology and its applications. Check out the article, Human Cloud…

The staffing industry has gone through many changes in the last 10 years and guidelines of doing business back then have evolved in an ever increasingly competitive climate, especially, because unemployment is so low and recruits are hard to find, making…

Bob Wolter, Business Intermediary – Thought you would find the article in Staffing Industry Analysts interesting. Temp staffing revenue growth speeds up in March, new orders at highest level since 2015.  

Bob Wolter, Business Intermediary Having specialized in the staffing industry these last eight years, I have observed that the performance of the industry is one of the first indicators as to how the economy is trending. 2009 was a terrible…