Global Talent Market Quarterly 2013 Q4

Global Talent Market Quarterly 2013 Q4

The Global Talent Market Quarterly provides a summary of the current economic and labour market conditions around the world and gives insight into how they might impact you.

Global economic growth has been subdued in 2013, limited by U.S. policy battles, weakness in Europe, and a cooldown in large emerging markets. The global economy is expected to modestly accelerate in 2014, driven by strengthening in developed economies including Germany, the U.K., and North America. Emerging market economies have struggled over the past year, particularly compared to historical performances, but are poised to regain some momentum in 2014.

 

Labour market conditions vary widely across the globe. The slower macroeconomic climate has limited employment growth in the Americas, but has had less substantial effects on many labour markets in Asia. In Europe, employment conditions are improving in some markets, but many of the countries hardest hit by the economic crisis are not projected to see labour market improvements until late 2014 or 2015. Most key global markets are expected to see moderate improvements in hiring in 2014 and a continued gradual easing of unemployment as the global economy strengthens.