Who’s hiring? Let’s look at the data

Yes I nerded out this morning.

The question I get from damn near everyone this year: “Who’s hiring right now?” 

The flip, off-the-top-of-my-head answer has been “well, everyone except Big Tech. And SaaS.”

But that’s not really true. Or useful.

I pulled some data. At Hirewell,  we’ve always prided ourselves on having as diversified a client base as possible. (The #1 biggest lesson we learned from the 2008-2009 debacle.) Focusing in just 1 sector is an excellent way to go out of business.

We have 115 clients currently hiring. Meaning open jobs, right now.

I carved them up by industries and noted the ones with the highest percentages:

Financial Services & Banking 17.70%

Real Estate & Construction 15.90%

Software/SaaS 10.60%

Manufacturing 9.70%

IT & Technology Consulting 6.20%

Marketing & Advertising 6.20%

Business Consulting 5.30%

Ecommerce & Retail 5.30%

Hospitals & Health Care 3.50%

E-Learning & Education 2.70%

Logistics & Supply Chain 2.70%

Insurance 1.90%

Health & Wellness 1.80%

Legal Services 1.80%

Airlines and Aviation 0.90%

Environmental Services 0.90%

Facilities Services 0.90%

Food & Beverage 0.90%

Hospitality 0.90%

Internet Publishing 0.90%

Mining 0.90%

Music 0.90%

Utilities 0.90%

Venture Capital and Private Equity (internally) 0.90%

What sticks out?

👉The establishment is strong. Financial services, banking, real estate. Traditional ‘money’ industries are thriving right now and gobbling up talent.

👉Software & SaaS isn’t totally dead. For context, in 2018-2022, this was in the 30% range of our clients. Falling to 10% is a pretty big drop. But even in the worst of times, tech isn’t going anywhere.

👉Consulting & agencies need people. Not a shock as that’s part of the recovery cycle: make cuts, then outsourced the critical bits to consultants. IT, marketing, and business consulting are doing well.

👉We ‘officially’ entered the manufacturing & supply chain areas in the last couple of years and it’s already one of the largest industry segments for us.

Two things to note:

1. This is just our data, which is inherently skew based on our own focus. It’s not indicative of the overall market.

2. Companies come to us when hiring is urgent, difficult, or in high volume. But not for every hire.

The takeaways?

👉If you’re looking for a new job, there’s some industries out there you may not have thought of that need people.

👉If you need to hire, we have a lot of experience in a lot of industry sectors…hit me up…

James Hornick

Partner at Hirewell. #3 Ranked Sarcastic Commenter on LinkedIn.