Linda Galipeau, president of Randstad Staffing and In-House Solutions, said she sees early signs of a “magnificent” recovery in Memphis.
Speaking in brief remarks at a breakfast meeting of the Greater Memphis Chamber on Thursday, she advised companies to do a better job of engaging employees to hold onto top talent and avoid turnover.
“Very often, Memphis, Nashville and Atlanta, these cities are the first to come down because the logistics and manufacturing industries get hit first,” she said. “That’s precisely what we saw at the beginning of late 2007.”
But now the Southeast is where the demand for manpower is rising. Staffing companies see these emploment trends before they emerge in official economic reports, she said.
“Beginning last year – about the middle and through to right now – we’ve seen magnificent recovery levels in the Memphis market and in the other Southern markets that we work. This is a very good point in the economy and we see it before it shows up in the greater data.”