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With the economy buckling in 2020 due to the pandemic, unemployment soared to rates not seen since the Great Depression. But PrincePerelson, a Salt Lake City recruitment firm, said that Utah’s resilient economic performance, coupled with promised relief from the vaccine, is already driving a strong wave of hiring.
“We are definitely seeing our clients structuring new year budgets that will accommodate a growing workforce and filling positions that were vacated during layoffs in 2020,” said CEO Jill Perelson, who founded the PrincePerelson recruiting firm in 1992.
News of vaccine approvals in December sent stocks soaring and took the Dow into record territory as Wall Street predicted a significant economic rally in 2021. And while many states will take longer to recover, Utah has stayed afloat better than most. The latest Department of Workforce Services statistics show Utah at 4.3% unemployment as compared to the national average of 6.7% (November 2020). The report also stratifies Utah as having the 6th lowest unemployment rate in the country.
“Things are looking really positive here in Utah, and we’re already feeling momentum building in our clients’ staffing needs,” said Perelson.
She added that some of her clients who were burned by last year’s faltering economy are using her company’s temporary staffing services to rebuild cautiously.
“Temp hiring is a good choice for many companies who want to be ready for the boom ahead without overcommitting,” said Perelson.
Having served as a leading placement firm in Utah for nearly 30 years, PrincePerelson knows the unique culture and business needs of the state and is well-positioned to help companies meet hiring needs through economic ups and downs. The firm has deep networks and long-standing industry connections that allow them to find and fill job openings quickly, and they are versatile enough to handle needs ranging from permanent/contract placement to volume hiring to executive search to temp staffing.
PrincePerelson has been recognized as an Inc. 5000 company, and Staffing Industry Analyst has included them in the “Fastest Growing U.S. Staffing Firms” and “Diversity Staffing Firms” lists.
To learn more about the firm’s efforts to help companies meeting expanding hiring needs in 2021, visit https://perelson.com or call (801) 532-1000.
About PrincePerelson
With over two decades in business, PrincePerelson is a recruitment firm that understands the unique culture and business needs of their industry. They foster diversity in the workforce because they believe that diversity creates partnerships which provide opportunities that fuel the economy. The company has deep networks and long-standing industry connections, allowing them to find and fill top roles quickly.
