Talroo Releases New Infographic Showing Blue Collar Job Recovery May Be on the Way
New Talroo Insights data shows factors that led to increased demand for workers in blue collar sectors
AUSTIN, Texas, March 18, 2021 /PRNewswire/ --Talroo, an award-winning job and hiring event advertising platform, has released an extensive new infographic about the causes of the current blue collar job recovery and its implications for future hiring.
Though the economy has recovered a substantial amount since the low point seen last April, some industries have bounced back faster than others. Since most white collar workers were able to work remotely, many of them held onto an income and could save money while staying at home. Blue collar workers, on the other hand, have largely suffered throughout the pandemic due to riskier working conditions and many service sector jobs being cut. However, the latest Talroo Insights data shows that demand for these jobs is finally returning, and in some cases even exceeding, pre-pandemic levels.
"We're seeing several factors coming together at once to create exploding demand for goods, and the volume of hires need to support that demand," said Talroo CEO Thad Price. "Many Americans saved money during the pandemic at record levels, and are now comfortable spending, with vaccines arriving and restrictions easing after a long year. Construction and manufacturing especially are showing record growth, and our data points to that growth continuing to climb throughout 2021 along with a rebound in sectors that suffered last year."
The infographic describes why the blue collar job recovery has been slow to occur, which industries are coming back and why, and how the trend of rising wages – independent of any federal increase – will affect companies' search for top talent.
To learn more about the effects of Covid on the recovering economy, how job seekers behave across different industries, or how Insights data can help you plan your 2021 hiring strategy, email us at [email protected].
*Sources: Wall Street Journal, The Journal podcast, Talroo internal data
About Talroo
Talroo is a data-driven job and hiring event advertising platform that helps businesses reach the candidates they need to make hires. Through AI, unique talent audiences, and a pay-for-performance model, Talroo enables companies to find their ideal candidates and reduce cost-per-hire. Talroo has earned a spot on the Inc. 500/5000 list of fastest-growing companies for six consecutive years. To learn how Talroo can help your organization hire better, visit talroo.com.
SOURCE Talroo
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