Recruiter.com CEO Evan Sohn joined Kelly Evans on CNBC's The Exchange for the 13th consecutive month to discuss May's recruiter sentiment ahead of the Labor Department’s monthly jobs report.
"Remote work is up. In-person requirements are up. We're seeing a struggle of recruiters trying to find candidates," shared Sohn, "It truly is a candidate market."
He added, "This month, there's more money going to those lower, hourly waged jobs. And that's really this talent pool - where do you find these workers? You're seeing this reshuffling of talent pools. You have millions of underemployed college and high-school-educated workers. We think that's a great pool to start pulling from. You change the narrative. You increase salaries, increase perks... You'll find those candidates." Shared Sohn.
The Recruiter Index® is a survey of the Recruiter.com recruiter network, which is comprised of more than 27,750 small and independent recruiters. It has a successful track record of forecasting the Labor Department’s jobs report by relying on the sentiment of recruiters.
Recruiter.com Group, Inc.
Recruiter.com is an online hiring platform delivering on-demand recruiting technology and services to both large and small businesses. With AI and video technology, and the world's largest network of recruiters, Recruiter.com delivers on-tap recruiting that flexes with hiring needs. To learn more, visit https://www.recruiter.com. For investor information, visit https://investors.recruiter.com.
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Cautionary Note Regarding Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including the anticipated improvements of the job market over the short and long term, expected improvement of the job requirement loads in the next 30 days, expected robust recoveries in the healthcare, construction and education segments, and the anticipated increase in demand in the aviation/aerospace segment and the arts/music/journalism segment. The words "forecasts" "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "plan," "could," "target," "potential," "is likely," "will," "expect" and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements primarily on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include continued demand for professional hiring, the accuracy of the Recruiter Index® survey, the impact of the COVID-19 pandemic on the job market and the economy as virus levels are again rising in many states, and the Risk Factors contained within our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2020. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to update any forward-looking statements publicly, whether as a result of new information, future developments, or otherwise, except as may be required by law.
