Global Hiring Activity Signals & TrendsBy
Global hiring bounced back in 2021 and remained buoyant in December despite Omicron threat. Digitalization theme had the most job postings combined with a high growth and faster closure compared to 2020. Blockchain jobs with the highest growth rate took more time to close. Retail, Technology and Pharma sectors posted most jobs while Travel & Tourism, Banking & Payment had the highest growth. The US was trending with most active jobs coupled with a healthy growth rate. Other key countries include the UK and India. Days to hire increased, indicating possible skill shortages. Post-COVID revival is one of the reasons for increase in hiring as more companies look at the same talent pool. ‘Remote work’/‘work from home’, a requirement during COVID-19 lockdowns, became one of the mainstream work options.