Global employment markets stabilise

Employment markets around the world appear to be stablising, according to the latest global snapshot survey from Antal International.

Employment markets around the world appear to be stablising, according to the latest global snapshot survey from Antal International.

The survey shows global hiring levels rose slightly, with 52% of respondents recruiting at professional and managerial level in comparison to 50% in February. The same number (52%) of organisations intend to hire in the coming quarter.

Attrition rates rose from 16% in February to 17% in June and this was expected to remain stable over the next three months.

Antal chief executive and chairman Tony Goodwin says: “The last Antal International Global Snapshot indicated a long-anticipated return to stability in global markets. This edition of the survey confirms that stability. The overall results are almost exactly those predicted by the last report with 52% of organisations around the world taking on professional and managerial staff and only 17% reducing headcounts.

“However, while in February the Americas had overtaken Asia Pacific as the area with the greatest demand for professionals and managers, the situation is now reversed with 64% of businesses now hiring across the region. It’s a clear example of the continuing oscillation of economic power between the two superpowers.”

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