Job data suggests global recruitment bonanza

Following the great re-evaluation by employees post-pandemic, employers are fighting back. Hiring figures are up in every region, with demand highest for recruiters in tech, construction and finance.

Ruth Holmes

11 February 2022

Latest insight from GlobalData, a provider of market intelligence and analysis, suggests job postings increased in all regions in January 2022, up by 7% from December 2021.Europe leads the growth with the majority of job advertisements located in the region, followed by Asia-Pacific (APAC), South & Central America (SCA), and North America.Volume recruitment in leading sectors like technology and at senior levels at international institutions also raise the prospect of growth in global mobility.

GlobalData analysis of international recruitment

Jobs in recruitment in demand

Of particular interest is that the number of companies seeking a ‘Recruiter’ rose by 30% between December 2021 and January 2022.Listings for ‘Recruiters’ were the highest in the US, followed by India, the UK, Germany and Canada. Brexit is among reasons why UK employers face mounting recruitment difficulties, prompting leading companies to re-assess their employer value proposition.Gerwyn Davies, Labour Market Adviser at the CIPD, responded to recent UK official jobs data, which showed employment at close to record highs, with a warning that “2022 promises to be a very challenging and busy year for HR professionals as they seek to develop and retain their existing workforce to prevent or reduce skill and labour shortages.“This means looking at the factors that improve retention beyond simply a competitive salary; which include the quality of line management, the availability of different types of flexible working arrangements and opportunities to develop new skills and progress.“Employers who succeed in this endeavour in 2022 will emerge as the big winners.

Why not consider entering the Think Global People Awards?

There's 10 categories to choose from including:Excellence in talent development, deployment, diversityExcellence in employee experience & engagementClosing date for entries 25 March. Join us for the Future of Work Festival on 9 June including the Think Global People Awards Cermony.

Finance, construction and technology spearheading increased hiring

Commenting on GlobalData's figures, Ajay Kumar Thalluri, Business Fundamentals Analyst at the company, says: “The rate at which companies are currently onboarding recruiters can be compared to the rate at which companies usually hire around Christmas season to meet the holiday rush.“We wouldn’t be surprised to see a recruitment rush in the coming year, especially in the construction and technology sectors.”Job adverts for recruiters in the construction sector increased from around 160 in December 2021 to over 800 in January 2022.Listings for recruiters in the tech sector increased from 1,409 in December 2021 to 1,704 in January 2022.This means that construction and technology companies are posting the most vacancies.“Around 9% of the ‘Recruiter’ job postings were for technical teams,” Ajay Kumar Thalluri continues. “For example, Amazon.com advertised almost 80 positions for technical recruiters in January 2022. Similarly, Apple advertised recruiter roles for hiring in niche areas of the business.”

Global businesses attracting new top talent

Lowe's Companies, Nissan Motor Co, CenterPoint Energy, and Kraken Bitcoin Exchange were also hiring recruiters. Interestingly, each is requesting “potential candidates have experience of planning and executing high-volume hiring.”Japanese banking company Mizuho Financial Group advertised for a VP - Investment Banking Recruiter, as the company looks to hire Vice Presidents for its growing banking team.“Hiring is off to a good start in 2022, despite fears of the Omicron variant,” concludes Ajay Kumar Thalluri. “Job postings have remained robust, and companies are expected to implement new policy decisions in Q1 that will facilitate employment.”