Happy new year 2023! I hope it’s off to a great start. It’s certainly off to a good start for the US economy. While layoffs at Amazon & offer retractions at Meta were in the headlines, the non farm payroll data has been encouraging and US unemployment rate fell to 3.5%
LinkedIn has more than 55 million companies listed on the site with 14 million open jobs. So it’s no surprise that 87% of recruiters regularly use LinkedIn. Safe to say, the potential for LinkedIn is far higher than any other social networking site when it comes to recruiting with LinkedIn playing
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