Tag: Recession

January 23, 2023 Jonathan Kidder No comments exist

  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…

November 18, 2022 Jonathan Kidder No comments exist

  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,…