The retail automotive industry – and the U.S. economy as a whole – have seen significant changes throughout the past decade. While the U.S. was at the height of a recession at the turn of the last decade, the economy is now stronger than ever, with record-low unemployment.
No matter the economic conditions, your dealership’s top source of competitive advantage is your people. With the right employees in place, you can drive profitability and top-notch customer service at your dealership.
To kick off the new decade, we outlined several key milestones in retail automotive and the U.S. hiring market throughout the past 10 years.
The Evolution of
Retail Automotive Hiring
Key Highlights from the Past Decade
2009
At the bottom of the recession, the U.S. government approved a bailout and government loans for Ford, GM and Chrysler to keep the largest U.S. automakers afloat
2009
2010
ZipRecruiter entered the job board market as digital recruitment continues to grow
2010
2010
Hireology was founded, with the mission of empowering business owners and operators to build their best teams
2010
2011
LinkedIn went public with a $350 million IPO, underlining the importance of reaching top job seekers online
2011
2012
NADA launched its first Dealership Workforce Study, a comprehensive overview of dealership benefits, compensation, turnover, and other key workforce data
2012
2013
Unemployment crosses below 8% for the first time since before the crash, showing that the economy is steadily improving
2013
2014
Mary Barra was appointed CEO of GM, making her the first female CEO of a global automaker
2014
2015
Carvana opened its first fully automated, coin-operated version of the signature car vending machine in Nashville, Tennessee, indicating a shift in retail automotive customer experience
2015
2016
Hireology launched Career Sites to help customers more effectively reach job seekers and excite top talent about joining their team
2016
2017
Google for Jobs was released to help connect search users to local roles without the need of a job board
2017
2017
Hireology launched Elevate, the first people strategy summit for retail automotive, empowering top dealers to connect and collaborate about the people side of their businesses
2017
2018
Unemployment hit the lowest rate in nearly 50 years, at 3.8%, making hiring highly competitive for employers across industry
2018
2019
AutoNation named Cheryl Miller as the first female CEO to lead the nation’s largest automotive dealership group
2019
See Why 1 in 5 U.S. Dealerships Partner with Hireology
This year, Hireology is celebrating 10 years of helping dealers and other businesses across industries build their best teams. We’re proud to power recruitment marketing and hiring for 1 in 5 U.S. auto dealerships and set dealers up for success as the industry and economy continue to evolve.
Are you interested in learning more about how Hireology helps dealers attract top talent, hire qualified employees and connect new hires seamlessly? Stop by our booth, 4137C, at NADA Show 2020, or see a demo today.
