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title
The white-collar work shift: How recruiters can adapt and succeed
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For the past few years, white-collar professionals have been caught in an economic storm. Layoffs, hiring freezes, and uncertainty have dominated most office-based industries.But there are signs that the tides are beginning to turn.The job market for office workers has been in turmoil. Companies tightening hiring budgets, and rethinking talent needs. As a recruiter, staying ahead for you means understanding where the job market is going, not just where it is now.In this article, we’ll explore the challenges white-collar professionals have faced, the data behind the downturn, and why recruiters should prepare for an upturn in hiring demand.The white-collar recession: What exactly happened?The pandemic years sparked a hiring boom in many industries, but that momentum has since stalled. One in four U.S. workers who lost their jobs last year were white-collar professionals, according to S&P Global.Several factors contributed to this downturn:High interest rates: Companies tightened spe...
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