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With record-low unemployment, how will supply chains hire thousands for peak season?

October 15, 2019 / Shefali Kapadia
SHARESHARESHARE

Year after year, supply chain professionals report hiring skilled workers as their biggest challenge. Yet year after year, peak season begins with a slew of announcements from logistics providers and retailers about their plans to ramp up hiring by hundreds of thousands of workers. Something doesn't add up. This year's peak season promises additional challenges in recruiting new hires, as the pool of available workers shrinks. Unemployment reached a 50-year low in September, according to the latest data from the Bureau of Labor Statistics (BLS). Lucas Hiler, director of strategic sales at recruiting and staffing agency Aerotek, told Supply Chain Dive the 50-year figure is somewhat misleading because it includes the Vietnam War, when unemployment was virtually zero. "I think it's an all-time low," he said.