Recruiting new employees may have seemed impossible one year ago, but half of small businesses in the U.S. (51%) plan to hire new employees in 2021. The Manifest’s latest survey of 500 small businesses shows that small businesses plan to hire across all departments using a combination of personnel and digital resources. “We have a hiring freeze” are five of the most dreaded words for job seekers. The COVID-19 pandemic led to stay-at-home orders, remote work, and mass layoffs around the U.S.
Top Small Business Recruiting Trends
The small business hiring freeze is beginning to thaw: About half of small businesses are likely to hire new employees in 2021. Still, one-third Denmark Phone Number Data of small businesses, are unlikely to hire new employees as the economy remains uncertain. Hiring plans depend on small businesses’ revenue in the coming year: of small businesses that predict a revenue increase are likely to hire new employees compared to just 39% of small businesses that predict a revenue decrease.
The Hiring Freeze Is Over For Half Of Small Businesses
The COVID-19 pandemic and resulting economic recession cratered hiring in 2020. With a COVID-19 vaccine rollout underway and economic recovery within America Phone Number reach, the small business hiring freeze has started to thaw. Half of small businesses are likely to hire new employees in 2021, despite ongoing challenges from the COVID-19 pandemic. Of small businesses plan to hire new employees in 2021 Renewed optimism from the potential for increased government support of small businesses and the looming end of the COVID-19 pandemic means small businesses can invest in expanding their workforce to support critical operations.
