2023 unfolded as a rollercoaster ride for the staffing industry. Major staffing firms saw a drop of 20% in their net incomes in Q4 2023. One central question lingers as we reflect on past year’s challenges: What lies ahead in 2024? The University of California Los Angeles (UCLA) Anderson Forecast brings
The world economy is sailing into a perfect storm: Europe is grappling with Russia’s invasion of Ukraine and the implications for energy imports. The United States is staring down the barrel of the highest inflation rates in 40 years last seen in the 70s. The risk of a synchronized global downturn
Converting clients for your recruitment agency can be notoriously difficult. But having a dedicated CRM software for recruiters in your team that lets them run campaigns and get granular, cross-channel visibility into which sales campaigns are performing best increases the chances of turning a prospect into a customer. Recruitment CRM software
2022 witnessed a massive number of layoffs. According to Layoffs.FYI, 1,20,699 workers were terminated worldwide in 2022 as companies seek to cut costs. And, the trend will continue in 2023. The first quarter of 2023 has witnessed 567 layoff announcements across big tech, startups, and unicorn tech companies. Over 150,000 IT
Are you tired of struggling with the ATS selection process for your staffing and recruiting business? Don’t worry, we’ve got you covered! When it comes to choosing the perfect Applicant Tracking System (ATS), asking the right questions to your ATS vendor is crucial. To help you make an informed decision, we’ve
Hope you had a wonderful Thanksgiving! Today, before we go into product updates, I want to take some time to address what’s happening in the market today. With the large central banks increasing interest rates, high inflation and the constant news cycle of layoffs in tech can make anyone pessimistic about