News Story
IS THE WORST OVER?
A leading recruiter has suggested that while the economy may be seeing signs of stabilisation, the employment market still has battles to face.
“It takes time for improved sentiment to translate into improved vacancy activity,” said Emma Charnock, Regional Director of Hays in Hong Kong and China. “But a slightly more optimistic attitude to general market conditions and the gradual return of stability means employers are looking more positively towards recruitment activity in the next year.
“They are again thinking about future growth plans and while many prefer to watch and wait for now, when asked about future hiring intentions it seems vacancy activity in 2010 will be higher than we’ve seen this year.
“The sector worst hit by the global financial crisis, the financial services industry, is starting to think again about hiring. Many banks are planning how they need to reinforce their ranks, particularly within the local and large corporate space, while private equity and hedge funds have started to make a comeback in recent times.
“For those that have been waiting to enter the job market, this means now is the time to review your CV, contact an agency and prepare with a proactive approach to your job search. When new vacancies are created this will allow you to access them first,” said Emma.
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For further information please contact Caroline Stallion, Marketing Executive of Hays, on +612 8062 6122 or caroline.stallion@hays.com.au.
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