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Can Recruitment Activity Predict the Economy?
Source: https://au.seek.com/about/news/article/seek-employment-data There is a saying that floats around recruitment circles whenever the market starts to soften: “Recruitment is six months ahead of the economy.” It is the kind of phrase recruiters repeat after seeing the same pattern play out enough times. Before unemployment rises. Before layoffs hit the headlines. Before economists start using words like “slowdown” and “contraction”, hiring activity usually changes first.

ZiChuan Lim
5 hours ago6 min read
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