Global retail, tech, and healthcare sectors see boost in Q4 hiring

Major global companies have boosted hiring for professional roles as they enter the final quarter of the year, especially in retail, technology and healthcare, but demand for financial services recruits is more sluggish, a survey showed on Tuesday.

Job vacancies for professional roles globally were up nearly 9% month on month in October, compared with a 5% fall in September, according to an index from recruiters Robert Walters.

“The latest figures . . . (are) a positive hint toward more traditional recruitment cycles returning, whereby October and the final quarter tends to be busy as companies ramp up seasonal hires or look to spend remaining hiring budgets before the close of the year,” Robert Walters’s CEO Toby Fowlston said.

Vacancies rose by 11% on the month in the United States and 4% in Britain, but there were bigger increases of 18% and 22% in Canada and Mexico, which Fowlston linked to businesses’ wish to be located closer to their U.S. clients.

“This could be driven further in the next quarter by recent geopolitical shifts and trade renegotiations or agreements,” he said.

U.S. President-elect Donald Trump has said he will impose 60% tariffs on U.S. imports of Chinese goods and has floated the idea of a 10% tariff on all imports.

Vacancies for professional roles rose by 29% in the retail and consumer goods and services sector, 15% in basic materials, 14% in tech and 13% in healthcare, but only 5% in real estate and 1% in financial services.

Read original article here

Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.

Leave a Comment