The Great Recession of 2008, caused by the failure of major investment banks like Lehman Brothers, resulted in a significant drop of 5.1% in the United States’ GDP, leading to the loss of 8.7 million jobs within 18 months. This economic downturn severely impacted the staffing and recruitment sector, with over a third of …
For years now there has been a prediction about how AI is going to take over recruiting. So far there have been some tools that have helped recruiters be more efficient and better, but most of the tools out there so far have not lived up to the hype. In comes, Open …
The “Magical Text Expander” is a browser extension (e.g. for Chrome or Firefox) that automates text expansion by allowing users to set up short phrases or shortcuts that expand into predefined text. It saves time and streamlines communication by eliminating repetitive typing, making it ideal for recruiters sending personalized emails to candidates. Multiple shortcuts …
As we finish out the year, it’s good to reflect on what recruiting trends or other indicators that may take place in 2023. The past several years have been a challenging time for recruiters and sourcers in any industry. Scenarios included a Political upheaval, Covid pandemic, and impending recession news. Many companies including: Meta, …
Compensation is the main factor driving employee career choices in 2022. Especially in IT, no surprise there — are too many open positions and a big shortage of candidates. The overall number of advertisements for tech jobs in 2021 was nearly double the number for 2019 or 2020, while the number of specialists remained almost …