How Will a Recession Affect Recruitment?
RSUK Jobs2023-01-16T12:57:33+00:00How Will a Recession Affect Recruitment? In May 2022, the Bank of England put out a warning about a potential oncoming recession, predicting that GDP would fall throughout 2023 and inflation would continue to exceed the 2% target. This situation is calling people to question what the future of recruitment is if a recession does take hold. In this article, we will analyse how a potential recession could affect the recruitment sector for both employers and candidates. As expected, a recession can create problems across the economy, which inevitably has an effect on the recruitment sector. The number [...]