Pandemic-Driven Warehouse Hiring Boom Fizzles Out

The warehouse hiring boom that took place during the pandemic is ending. Factors like a more relaxed US labor market, slower online sales growth, and wider economic uncertainty have caused many companies to pause their hiring processes, despite the logistics sector being one of the fastest-growing job markets. In a stark shift from previous years' aggressive recruiting methods, employers now choose to wait for the right fit rather than hastily filling positions. Nevertheless, the average hourly wage for a warehouse worker in the US remains at a pandemic-era high, with no signs of reverting to pre-Covid levels.

Source: WSJ 

 The only signs of weakness in the job market are in warehousing and IT.

Info/tech: -54,000 jobs since November

Warehouse/transport: -42,000 since October

Meanwhile, hiring climbed in sectors that really needed workers: hospitality, childcare, K-12 education, social assistance pic.twitter.com/6rAAA8eUbl— Heather Long (@byHeatherLong) March 10, 2023 

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