The 2023 Maintenance of Way (MOW) spending report, from Progressive Railroading Magazine April 2023 issue, reflects boosted MOW budgets for 2023 despite inflationary increases such as material costs and limited labor at hand.
U.S. employment rose by 236,000 in March, and the unemployment rate changed little at 3.5 percent, according to the U.S. Bureau of Labor Statistics report. Employment continued to trend up in leisure and hospitality, government, professional and business services, and health care.
What is the impact on recruiting efforts in 2023? The job market for rail suppliers in the United States is expected to grow by 12% from 2020 to 2030, faster than the average for all occupations. This growth is being driven by a number of factors, including:
Rail suppliers provide a wide range of products and services to the rail industry, including:
The job market for rail suppliers is expected to be strong in the coming years. If you are interested in a career in the rail industry, there are a number of steps you can take to prepare, like:
The job market is constantly changing, and it can be difficult to keep up with the latest trends. However, by understanding the current trends, job seekers can make informed decisions about their careers.
Some of the key trends to watch in the job market include:
Job seekers who are aware of these trends and who are prepared to adapt will be well-positioned to succeed in the job market.
Here are some additional tips for job seekers:
The job market can be challenging, but by following these tips, job seekers can increase their chances of success. Several online resources are available. Lets continue the conversation. For an initial consultation reach us at: [email protected] or call 877-557-8245 to schedule yours today.
This article was originally published by Stahl Recruiting Executive Search.
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