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U.S. and EMEA markets saw a sharp slowdown from October to November, far steeper after November than typical seasonal dips. Elevated openings paired with hiring cuts signal structural cooling as companies prioritize caution over expansion.
Competition for open roles is up, but steady hiring pace and employer caution may be cooling candidate momentum.
Read the latest company information, product statistics and more.
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iCIMS’ monthly Workforce Report translates complex labor trends into practical guidance. Pulled from hundreds of millions of data points, our report delivers key insights and actionable steps designed to give your team a competitive advantage.
U.S. and EMEA markets saw a sharp slowdown from October to November, far steeper after November than typical seasonal dips. Elevated openings paired with hiring cuts signal structural cooling as companies prioritize caution over expansion.
Applications cool in November. Applications dropped 21% since October but were still 6% higher year over year.
Openings remain high in EMEA. Although there has been a gradual decline in openings since the spike in September, they remain 13% higher than last year.
June was hot for hiring. It marked the peak hiring month across industries in the U.S.
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Largely informed by customer feedback, IDC MarketScape has named iCIMS a Leader for our capacity to support the complexities of multinational enterprise organizations with diverse hiring requirements and specifications.
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