Economic Downturn, Staffing Upturn

Welcome to 2022 and another economic downturn.  This isn't the first time we've been through uncertain economic times.  In March 2009, BrightMove shared with you the following. 

We started our staffing company almost a decade ago. The Y2K and Internet bubble had already burst. We were trying to ride the magic carpet of technical staffing that had since disappeared. As a result, it became a trend for companies to invest in their people again. They were more interested in full time employees than contractors. Bill rates plummeted and the number of available job orders slowly declined. At the same time, offshore resource pools and smaller vendor lists made times even tougher, especially for the local staffing shop. Many of our colleagues and associates closed the doors, but we decided to capitalize on our knowledge of the industry and consequently, the creation of the Brightmove Applicant Tracking System began.

It is amazing to me that almost ten years later we are still working in an industry that is interesting, dynamic, and growing. As companies are downsizing, the number of applicants for active job orders is growing so rapidly that staffing companies with inadequate or non-existent software solutions are alarmed at the holes in their existing processes. Flaws in process and solutions are being magnified and these staffing companies are looking for answers. More importantly, they are looking for a solution.

Based on the repeated double-digit monthly growth of our company I can only derive that BrightMove is a good answer to the impressive problem of increased job orders and increased job applications. After all, that is how our industry makes money. We are excited to be a part of the solution. As BrightMove grows our solutions become increasingly solid. Our grassroots platform is built for recruiters, by recruiters. As your valuable input pours into our organization, we promise to keep pouring powerful, yet simple, software right back.

If you are a staffing company or human resources department looking to get a handle on your recruiting processes, please let us know. We would love to show you the answer, BrightMove ATS.

(904) 861-2396 or support@brightmove.com

Since this article was written, what has changed?  Well, our beards are a little grayer and our waist sizes might have gotten a little bigger.  Together, we endured the unpredictable year of 2020, which included a global pandemic, uncertain political environment and a shaky stock market.  We also have gotten a little wiser through these experiences.  Go back in time to 2009.  Do you remember how scary it was?  Many wondered, "will the economy ever recover".  It did.  We had a tremendously prosperous decade between 2010 - 2020.  The growth was phenomenal.  For example, on July 1, 2009, the Dow Jones Industrial Average was $9,301.28.  Compare that to July 1, 2022: the DJIA had grown to $32,520.30.  Over 349% growth!  Smart investors took advantage of this and they invested before the period of growth.

At BrightMove, we believe now is the time to invest in your recruiting software platform.

BrightMove helps staffing agencies of all sizes and types to recruit top talent, manage client relationships, and invest in their business.  As you know, BrightMove is a powerful ATS and business management platform - all in one.  We have been helping staffing agencies since 1999 to streamline operations, improve efficiency, and drive growth.  We are recession tolerant and sustainable, so you can trust that we'll be around.  BrightMove is the leading ATS​ designed specifically to help recruiting teams of all types and sizes grow. Our platform is flexible and scalable, allowing you to begin with your existing business and adapt as your company's needs grow.

We make staffing agency software, recruiting agency software and HR recruiting software that makes it faster and easier for recruiters to find top talent.  We also make RPO software and PEO software.  In the coming months, the job market will continue to see competition for talent.  We make staffing software that will enable your organization to compete and win in the economic downturn.