ASM ISSUE: 210 – Recruitment in 2018: A Whole New Ballgame
Yes, 2017 was a challenging year for the recruitment industry. Many read the forecast for 2017 and pushed on with tried and tested strategies when they should have tried a different approach. Now that the fiscal year is over, many probably regret not diversifying their strategy.
According to a forecast by Statista, by 2018 unemployment could drop to 4.4%. However, as of October 2017, The Balance reports an unemployment rate of 4.1%, which is far lower than expected. The report also states that the natural rate of unemployment should be within the range of 4.5 to 5%.