As recent economic news from around the world suggests, there continues to be confusing signals to the market as to whether or not recovery is near. Nonetheless, this challenging economic context has reduced aggregate talent demand across the globe as evidenced by increasing unemployment rates and fewer job postings. Recruiting teams are feeling the pain acutely—lower budgets and smaller teams remain yet hiring still exists mainly for challenging, difficult-to-fill positions. With talent supply exceeding demand, does that mean it’s easier to attract talent than before?
The challenge of attracting critical talent in today’s uncertain economy is the focus of our recent research initiative, which we first blogged about last month. Across the next several weeks, we will introduce new insights every day from this latest research. Stay tuned, and visit the Recruiting Roundup often to get your daily dose of insights.