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Cornerstone Blog Finally, some good news for business

Finally, some good news for business

June 19, 2020 by Cornerstone International Group

For many weeks, a dark cloud has been looming over talent acquisition.

In May, hiring dipped drastically as businesses reined in their budgets and employees chose to stay put to weather the storm.

Unemployment rose significantly as several industries such as aviation,

banking and automotive suffered huge losses and struggled to continue trading through the global lockdown due to coronavirus,

yet new data from recruitment site Broadbean Technology has found a glimmer of hope.

Well actually, more than just a glimmer.

Businesses across the country have shown positive signs of resilience in the week ending June 7,

with vacancies up 54% as the nation tries to get back to work. 

Despite a steady decline in permanent vacancies since mid-April, the data revealed a sharp increase at the beginning of June,

with the number of new perm jobs added to the 36,000 job sites, it tracks rising by 51%.

This is indicative of an increase in business confidence as lockdown measures are eased

and more companies look to re-open were able to.

Read the Full Article here…

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We believe it is the business model best suited for the rigorous verification of candidates for high-value positions.

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Filed Under: Cornerstone Blog Tagged With: #bounceback, #businessnews, #covid-19, #executiverecruitment, #Hiring, #newsandresources, #talentmanagement

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