Jake Steslicki

Following unprecedented post-pandemic performance in 2022, the Human Capital Management Industry has undergone a lengthy period of “right sizing” as demand for temporary labor has declined and key client industries, such as manufacturing and warehousing, have stagnated in terms of total employment.

Ongoing volatility in the Medical Technology M&A sector is driving heightened diligence and investor scrutiny to ensure acquisition targets are high-quality assets capable of withstanding current market turbulence.

The U.S. Staffing Industry has demonstrated resiliency through the first half of 2024, while advancements in talent acquisition technologies and a strong demand base continue to combat downturns in key client industries, such as manufacturing and warehousing.

Persistent inflation in Q1 2024 delayed expected rate cuts as the Federal Reserve back tracked expectations from four to three cuts this year.

The U.S. Staffing Industry is anticipated to remain mostly flat through 2024 as a result of ongoing normalization following multiple years of record-breaking growth.