Market Intelligence Reports

Global Market Report Q4 2021

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5 Global Workforce Trends Since January 2020… +21% in demand for blue collars/light industrial workers Latin America: 24% Asia and Australia: 23% Europe: 16% North America: 16% Employee confidence in job availability has risen steadily since Q3 20' while intent to stay declines +4.8% in demand for skilled IT professionals Salary increase budgets projected to grow to 3.3% on average in 2022, up from 3% in 2021 6.5% 6.3% 5.7% unemployment in 2020 unemployment projected in 2021 unemployment projected in 2022 • COVID-19 continues to play a significant role in shaping the workplace – vaccine mandate, safety measures, remote/hybrid work model, etc. • Continued economic recovery • Increasingly tight labor market Sources: Gartner Talent Neuron, WorldatWork +6.8% in global hiring demand By early 2022, remote workers will represent 32% of the global workforce, close to double the figure from 2019 Average percentage of active job seekers is currently 20%. Global turnover: +17%

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