NPAworldwide, the leading global recruitment network, has released the findings of its latest Business Barometer Survey. The survey, conducted in August 2023, gathers insights from independent recruitment firm owners within the NPAworldwide network. These members specialize in executive, professional, and contract positions on a global scale.
In recent months, there has been a slowdown in the global demand for talent. While fewer job openings are available, recruiters with expertise and connections still have ample opportunities to thrive. According to NPAworldwide president Dave Nerz, 59% of respondents reported similar or improved business outcomes compared to the previous 180-day period.
However, these results show an 11% decline since February 2023, indicating a cooling trend. Despite this, a majority of respondents remain optimistic about the next six months, with 83.5% expecting similar or better results ahead. The competition for top talent remains fierce.
