An Impending Recession Looms over Recruiters Minds
WizardSourcer
JANUARY 23, 2023
The Great Recession of 2008, caused by the failure of major investment banks like Lehman Brothers, resulted in a significant drop of 5.1% This economic downturn severely impacted the staffing and recruitment sector, with over a third of industry professionals losing their jobs. in the United States’ GDP, leading to the loss of 8.7
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