ZRG Partners Q1 2016 Industrial Hiring Index
ROCHELLE PARK, NJ, May 16, 2016 — ZRG Partners, a client-focused global executive search firm driven by data analytics, announced its Q1 2016 Global Industrial Hiring Index, with findings dedicated to the Industrial sector.
Q1 2016 Industrial hiring results posted their largest quarter-over-quarter and year-over-year growth since we began our data collection. With the exception of Aerospace and Defense, all subsectors posted over 30% gain in global hiring demand over the prior quarter. Aerospace and Defense still commands over 40% of the total Index hiring demand, despite having the least growth.
Rob Wolgemuth, Managing Director, Industrial Practice stated “The Q1 2016 Global Industrial Hiring Index showed strong gains in hiring across the board versus the previous quarter. In particular, the data tells us that certain, recently weak subsectors like Chemicals appear to be bouncing back nicely. That said there is still relatively weak hiring happening in certain subsectors, like Oil and Gas.”
From a Private Equity investment perspective in Q1 2016, investments in the Industrial space are trending down aggressively. US Investments in this sector were by far the lowest we have recorded.
About ZRG Partners
ZRG Partners, LLC is a global authority on talent management in the Industrial market. ZRG provides its clients with specialized global market expertise in executive recruitment, consulting and advisory work with a focus on data and analytics to drive great business decisions.
The Global Industrial Hiring Index analysis utilizes a proprietary algorithm that looks at hiring within selected benchmark companies in seven distinct segments. ZRG Partners collaborates with data providers Wanted AnalyticsTM, a CEB Company and Pitchbook to assemble the sector data that drives the Index.
Managing Director, Industrial Practice