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Europe — Expected hiring levels are up in Q1 2010

22 February 2010

New research carried out among 6,151 companies in Europe, Africa, India, China and the US by Antal, the international staffing firm, entitled 'Global Snapshot' reveals that current hiring levels across the globe were up from 50% of respondents in the autumn to 53% in the first quarter of 2010. The percentage of organisations intending to hire was up from 48% to 55%. On the downside the percentage of organisations intending to shed staff had also risen slightly from 25% in the autumn to 28% now. However the general consensus was that the figure would drop to 22%.

The highest current hiring levels amongst the larger economies in Western Europe were in the UK (59%), France (55%), and Germany (51%). However many of the smaller countries bettered their larger neighbours, namely Switzerland (64%), Austria (58%) and Luxembourg (58%).The lowest levels of hiring were in Malta at 31% and Spain at just 30%.

The highest recruiting levels in Eastern Europe and Eurasia were in Russia (71%), the Czech Republic (57%), Romania (55%) and Poland (48%). Hungary’s economic problems meant that it had the lowest level of hiring in the region with only 28% of businesses questioned actively seeking new managers or professionals although this was an improvement on the autumn figure of just 26%.

Antal CEO Tony Goodwin, said "although a few countries are still seeing a decline in the employment market, the global picture has definitely improved once again. As we said in September, we are most certainly not 'out of the woods' as yet and there may be more unpleasant economic surprises to come but it does seem as if organisations of all sizes are approaching 2010 with more confidence than would have seemed possible in the very dark days of January 2009."

"As a result we are already seeing the first clear signs of organisations thinking in terms of the 'war for talent' once more with more robust businesses making early moves to snap up the best people in their markets before general recovery becomes too apparent."

To read the full 'Global Snapshot' report please click here



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