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Great Recession of 2008: Impact on Staffing Industry

Recruiter Flow

… The post Great Recession of 2008: Impact on Staffing Industry appeared first on Recruiterflow Blog. The world economy is sailing into a perfect storm: Europe is grappling with Russia’s invasion of Ukraine and the implications for energy imports.

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Irish Unemployment Rate Lowest Since 2008

Rezoomo

Alan McQuaid, chief economist with Merrion, pointed out that the jobless rate in October was the lowest since February 2008. The post Irish Unemployment Rate Lowest Since 2008 appeared first on Rezoomo Blog. That is down from 16.5% in October two years ago.

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Attracting Qualified Candidates in the Right Places

ApplicantPro

DOUBLING the rates since the recession in 2008. Recently, I read that current unemployment rates may be as high as 21% in the United States. So if almost 1 in every 5 people is currently unemployed. Where are all the job seekers? And why are your qualified applicant rates SO low?

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Hiring Trends in the Time of Covid-19

ClearCompany Recruiting

In this post, I’ll share several charts that paint a high-level picture of the change in hiring activity, trends in remote work, and some comparisons to the 2008-9 Financial Crisis. Job Applications: 2008 vs. Now. Here’s a similar view of applicant volume per opening from mid-2008 through the end of 2009. What Does It All Mean?

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How to Protect Your Payroll in the Aftermath of the Silicon Valley Bank Crisis

Recruiting Daily Advisor

With business leaders having haunting flashbacks to the 2008 financial crisis, the collapse of SVB was undoubtedly alarming and confusing as everyone moved swiftly to try and control the outcome. This month’s Silicon Valley Bank (SVB) crisis has quickly become the second-largest bank failure in US history.

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Have Recruiter Salaries Stagnated?

The Whiteboard

So let’s have a look at what I was placing back then, versus what I would say is the average (Auckland) market base salary level today: Zero years’ experience, new-to-recruitment: 2008 = $40k … 2017 = $45k. Zero years’ experience, new-to-recruitment (IT): 2008 = $47k … 2017 = $50k.

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Three Lessons Learned From 2008: A Recession Guide For Talent Acquisition Leaders

Forbes Human Resources Council

How do we switch our strategies for a recession and a potential upturn?