Patrice & Associates CEO Provides Insight Into 2024 Job Market!
A job and hiring expert provides Albuquerque Business First with insight into the job market in 2024!
Brian Miller is focused on connecting candidates with jobs in industries such as restaurants, hotels, food service and retail. Miller became CEO of Patrice & Associates, a Phoenix-based staffing and recruiting agency, in 2014 and has experience in franchise operations, development, strategic planning and marketing. Miller is currently based in Connecticut.
In 2024, the firm will look to implement a new applicant tracking system (ATS) to help assist in its recruiting efforts. The company has over 175 offices and 300 recruiters in the U.S and Canada, Miller said. Business First talked with Miller about what 2024 could entail.
The interview was edited for brevity and clarity.
Albuquerque Business First: What do you predict the job market to look like in 2024?
Brian Miller: Barring any unforeseen circumstances like a government shutdown or persistently high interest rates, I think the job market is going to be strong and it’s going to resemble what it was prior to the pandemic. I think there’s also going to be more leadership positions open because we’ve seen an exodus of baby boomers leaving the workforce, so I think you’re going to see a demand for more leadership and management roles in 2024 as companies replace those positions. We’re also going to need to embrace diversity and inclusion more as we move forward into this labor market to be able to attract the best talent and fill those roles.
Do you have any advice for companies looking to expand in today’s market?
They need to streamline their hiring process and make hiring decisions faster because the labor pool will have choices about opportunities, and the companies that respond the quickest are the ones that are more likely to get the best talent. Companies also need to be prepared to market themselves and help employees understand why this is a great place to work. People want to be in an environment that fosters growth, provides training and opportunity and gives them a good career path for the future. When companies drag their feet for too long, the people that they wanted to hire have already accepted an offer from another company.