Credit: suphakit73
Global talent trends are showing a dichotomy of attitudes over the past year and a lead in to a potential slowdown due to hiring interest rates and inflation-fighting.
A new Linkedin Talent Solutions survey notes that hiring around the world continues to decline. In a sample of 20 countries, hiring has decreased from August 2022 to August 2023. The sharpest decline is taking place in places like Singapore and Sweden with a hiring drop of 28% but the UK, US and Canada are also high on that list with both 24% for all three countries. The areas with the lowest year-over-year in hiring rates were the UAE at 9%, and Indonesia at 5%.
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