In the midst of the ever-evolving orthopedic business, the industry is experiencing a new and unique challenge—finding and hiring the best candidates amidst a sea of job-seekers. As the U.S. economy bounces back, the demand for jobs in this sector remains high, creating a complex recruitment landscape for employers, HR, and recruiters alike.
Recent data has revealed that the number of job openings in the orthopedic device industry has decreased by nearly 29% compared to 2022. This decline can be attributed to the fact that many orthopedic companies, after navigating through the challenges of the pandemic, have become more efficient and streamlined in their business operations. In other words, doing more with less people. Moreover, the cautious approach taken by these companies in the past year has led to a reduced demand for new employees as they prioritize stable growth.
On the other hand, the job-seeker activity has surged, reaching 25% above historical levels since the beginning of the year. As a retained recruiting in orthopedics, I am now bombarded with out-of-work people daily.
The orthopedic industry has seen layoffs across major companies, leading to an increased supply of ...
