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May 19 2014

Global Hiring Levels

"In its latest international survey, leading global search and selection specialist, Antal International, has found that employment markets at managerial and professional level around the world are stabilising. The 'Global Snapshot ' project asked more than 10,500 businesses in major markets in 40 key countries around the world whether they were currently hiring or firing at managerial and professional level and if they were planning on doing so in the next three months. The results show that average hiring levels across the globe have dropped slightly as 51% of companies are currently planning to take on staff. This is a reduction of 3% from the June 2013 edition of the Snapshot, but represents an increase of 5% year-on-year. This is expected to remain fairly consistent in the next quarter. The number of companies letting go of staff stands at 16%, a reduction of 3% since June 2013 and in line with figures from January 2013 where the same score was recorded. ""At the very least these results indicate increased stability within the market,"" said Antal Chairman, Tony Goodwin. ""It will be interesting to see how this develops in the next quarter, but for now the signs are promising."""