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.
Employers and candidates returned to the EMEA labour market following the August slowdown with renewed momentum, driving activity to 12-month heights.
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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.
The overall EMEA labour market is showing strong momentum, with all three indicators up from one year ago.
Hires are up 29% in the UK since the start of the year but candidate activity is lagging, down 19% since January.
Seventy-six percent of French workers want companies to be transparent about the possible use of AI by recruiters.
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