NPAworldwide predicts global bounce-back in next six months

Results of a twice-annual business barometer survey conducted by global recruitment network NPAworldwide suggest that market conditions could be ripe for improvement around the world in the next 180 days.

The manufacturing/supply chain sector and the technology sector were seen by survey respondents as the strongest vertical market segments, according to NPAworldwide, which is based in Grand Rapids, Michigan in the US.

The survey was completed by the independent recruitment firm owners who are NPAworldwide members. Members are asked to document business results and predict future results that are representative of the independent recruitment industry.

“The bounce is just ahead based on nearly 88% of members forecasting… improved market conditions in the net 180 days. This is the first large, positive trend since prior to the Covid-19 pandemic,” said Dave Nerz, president of NPAworldwide. 

Highlights of the survey include:

  • 13% of respondents have seen fees increase in the last six months
  • North America represented 61% of respondents with the next largest respondent group from Australia/New Zealand at 17% of the total
  • The remaining 22% of respondents were based in Asia, EMEA and Latin America.

NPAworldwide facilitates placements between its members. The network has more than 550 member offices across six continents.

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