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Global jobs slump at two-decade low, warns Hays boss, as hiring freeze persists

Summary by Business Matters
The global employment market is mired in its longest downturn in more than 20 years, according to Dirk Hahn, chief executive of Hays, Britain’s largest listed recruitment group. “I’ve been in this business for 27 years and have never seen a global downturn like it,” he said, citing “ongoing macroeconomic uncertainty” as the primary factor keeping both employers and prospective hires on the sidelines. Hays, which employs nearly 7,000 consultants …
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Business Matters broke the news in on Friday, February 21, 2025.
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