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Recruiting During an Economic Downturn: Why Candidate Experience Matters

Proactive Talent

The current state of the economy has made it even more challenging for businesses to recruit top talent. But despite the challenges, one thing remains clear: candidate experience matters, regardless of the labor market. However, it's crucial to understand that candidate experience should never be compromised.

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Ripple Effect of Economic Trends on Recruitment Strategies

Recruiting Daily

Instead of “ if “, it is now a matter of “ when “ There are varying predictions, with some major banks expecting the recession to occur later this year, while others believe it will happen within approximately 12 months. Regardless, an economic downturn is almost certain.

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7 Types of Recruitment Marketing Content that Candidates Want to See

Rally Recruitment Marketing

Attracting and recruiting talent requires well-crafted Recruitment Marketing content that provides candidates with an authentic window into your company culture and answers important questions that keep them moving along their candidate journey. Core Recruitment Marketing Content. Great questions!

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How to Grow Your Staffing and Recruiting Firm During an Economic Slowdown

Crelate

Though experts disagree on when the storm will hit and how intensely it will impact the economy, a financial downturn of some sort seems likely. But growth in the staffing and recruiting industry – even when times are tough – is within reach. Growing during lean times is all about making the most of what you already have.

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Making the Right Hire is Even More Important in a Challenging Economy

ApplicantStack

And that goes double in a downturn. Talent acquisition refers to the finding, recruiting and hiring of skilled individuals to fill open positions within a company. What’s the difference between recruitment and talent acquisition? Does Talent Matter in an Economic Downturn? What is Talent Acquisition?

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How Upskilling Can Help Recession-Proof Your Resume

Recruiting Daily Advisor

In the world of recruitment, a resume is powerful. True, it’s not a deal-breaker when it comes to the final hiring decision, it carries all the weight in the early stages of the hiring process and takes on greater significance in times of economic uncertainty. During the ‘Great Recession’ of 2008, GDP in the U.S. dropped by 5.1%

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Skills Mismatch | What Is It & How to Bridge the Gap

Hundred5

This mismatch can take various forms, such as horizontal, vertical, or skills obsolescence, and has significant consequences like decreased productivity, job dissatisfaction, and economic impacts. For employers, it can result in higher recruitment costs , longer time-to-hire, reduced business productivity, and increased employee turnover.

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