Perch Perspectives recently published a new market analysis report on Recruiter.com Group, Inc. (Nasdaq:RCRT).

Increased rates of labor turnover and shorter durations of employment for workers are increasingly redefining the U.S labor market.

Even before the COVID-19 pandemic, employers were struggling to find workers to fill critical positions, while workers were struggling to find employers that satisfied their demands.

The pandemic accelerated these trends, creating a significant need in the marketplace for solutions that help workers and employers find each other more efficiently. 

Recruiter.com is uniquely positioned to take advantage of these structural opportunities.

Download the Perch Perspectives Market Trends & Analysis

The Great Resignation Continues to Sweep Through the U.S.

Recruiter.com’s October Market Trends and Analysis report by Perch Perspectives revealed that the Great Resignation is truly in full swing. Companies are struggling to find employees to fill their open roles, whether they be new or backfill, in addition to having a hard time maintaining employees. 

The national quit rate has doubled over the last twelve years. The most recent Bureau of Labor’s Job Openings and Labor Turnover report found the highest quit rate yet, at 2.9 percent (4.3 million people). 

Factors that are contributing to the Great Resignation include:

• Decline of fertility rates

• Advances in technology, making certain workers skills obsolete 

• Desire for work/life balance and new experiences 

• Rise of the job hopper generation

The Great Resignation Leads to Great Opportunity

As dissatisfaction grows between employers and employees, the amount of open positions continues to increase as well. According to a recent Linkedin survey, 74 percent of respondents are actively rethinking their current work situation. 

This mass exodus will force companies to invest in new recruiting strategies to keep their business staffed. Online recruiting platforms offer a productive way to connect you with talent faster, but they often perform at a lower rate than traditional recruiting tactics. 

For instance, Recruiter.com has added a career community for recruiters to the company's marketplace, which helps connect recruiters with opportunities.

Global War for Talent

U.S. companies are now competing with the rest of the world when it comes to recruiting, which can only increase the global shortage of workers. Our report notes that the management consultancy, Korn Ferry, states that the U.S. will be 6 million workers short by 2030. 

As job openings and employee turnover continue to rise, and the war for talent continues with “hire from anywhere,” companies will have to invest in ways to recruit new workers and keep up with the current churn. 

Download the Perch Perspectives Market Trends & Analysis

This memorandum is for informative purposes only. Perch Perspectives is an investment research firm without any investment banking activities and is publishing research reports concerning the securities of its clients. The information contained in these reports is not guaranteed by us to be accurate, nor does this publication or the report itself represent a solicitation to buy or sell the securities discussed therein. Recruiter.com has a paid relationship with Perch Perspectives. MONETA ADVISORY PARTNERS, LLC RECEIVED WARRANTS TO PURCHASE 300,000 RESTRICTED COMMON SHARES OF RECRUITER.COM, INC. FOR CERTAIN BUSINESS DEVELOPMENT AND OTHER SERVICES INCLUDING THE COMMISSIONING OF THIS RESEARCH REPORT. 

DISCLAIMERS THE INFORMATION CONTAINED HEREIN HAS BEEN PROVIDED AS AN EDUCATIONAL INFORMATION SERVICE ONLY. THIS PUBLICATION DOES NOT CONSTITUTE AN OFFER TO SELL ANY SECURITY, NOR A SOLICITATION OF AN OFFER TO BUY ANY SECURITY, AND MAY NOT BE USED IN CONNECTION WITH ANY SUCH OFFER OR SALE. ALL STATEMENTS AND EXPRESSIONS ARE THE SOLE OPINION OF PERCH PERSPECTIVES AND/OR MONETA ADVISORY PARTNERS, LLC (COLLECTIVELY HEREINAFTER THE “COMPANY”) AND ARE SUBJECT TO CHANGE WITHOUT NOTICE. THE COMPANY IS NOT LIABLE FOR ANY INVESTMENT DECISIONS BY ITS READERS. THE ACCURACY OR COMPLETENESS OF THE INFORMATION IS NOT WARRANTED AND IS ONLY AS RELIABLE AS THE SOURCES FROM WHICH IT WAS OBTAINED. INVESTORS ARE CAUTIONED THAT THEY MAY LOSE ALL OR A PORTION OF THEIR INVESTMENT IN ANY COMPANY DISCUSSED HEREIN. INFORMATION CONTAINED HEREIN CONTAINS “FORWARD LOOKING STATEMENTS” WITHIN THE MEANING OF SECTION 27A OF THE SECURITIES ACT OF 1933, AS AMENDED AND SECTION 21E OF THE SECURITIES AND EXCHANGE ACT OF 1934, AS AMENDED. ANY STATEMENTS THAT EXPRESS OR INVOLVE DISCUSSIONS WITH RESPECT TO PREDICTIONS, EXPECTATIONS, BELIEFS, PLANS, PROJECTIONS, OBJECTIVES, GOALS, ASSUMPTIONS OR FUTURE EVENTS OR PERFORMANCE ARE NOT STATEMENTS OF HISTORICAL FACTS AND MAY BE “FORWARD LOOKING STATEMENTS”. FORWARD LOOKING STATEMENTS ARE BASED ON EXPECTATIONS, ESTIMATES AND PROJECTIONS AT THE TIME THE STATEMENTS ARE MADE THAT INVOLVE A NUMBER OF RISKS AND UNCERTAINTIES WHICH COULD CAUSE ACTUAL RESULTS OR EVENTS TO DIFFER MATERIALLY FROM THOSE PRESENTLY ANTICIPATED. FORWARD LOOKING STATEMENTS MAY BE IDENTIFIED THROUGH THE USE OF WORDS SUCH AS “EXPECTS”, “WILL”, “ANTICIPATES”, “ESTIMATES”, “BELIEVES”, OR BY STATEMENTS INDICATING CERTAIN ACTIONS “MAY”, “COULD”, “SHOULD” OR “MIGHT” OCCUR. MONETA ADVISORY PARTNERS, LLC RECEIVED WARRANTS TO PURCHASE 300,000 RESTRICTED COMMON SHARES OF RECRUITER.COM, INC. FOR CERTAIN BUSINESS DEVELOPMENT AND OTHER SERVICES INCLUDING THE COMMISSIONING OF THIS RESEARCH REPORT. THE TEXT, IMAGES AND OTHER MATERIALS CONTAINED OR DISPLAYED ON ANY PERCH PERSPECTIVES. PRODUCT, SERVICE, REPORT, E-MAIL OR WEBSITE ARE PROPRIETARY TO THE COMPANY AND CONSTITUTE VALUABLE INTELLECTUAL PROPERTY. ALL UNAUTHORIZED REPRODUCTION OR OTHER USE OF MATERIAL SHALL BE DEEMED WILLFUL INFRINGEMENT(S) OF THE COMPANY’S COPYRIGHT AND OTHER PROPRIETARY AND INTELLECTUAL PROPERTY RIGHTS, AND THE COMPANY ACCEPTS NO LIABILITY WHATSOEVER FOR THE ACTIONS OF THIRD PARTIES IN THIS RESPECT. THE COMPANY, ITS DIRECTORS, OFFICERS, AND EMPLOYEES SHALL HAVE NO LIABILITY, CONTINGENT OR OTHERWISE, FOR ANY CLAIMS OR DAMAGES ARISING IN CONNECTION WITH ANY ERRORS, OMISSIONS, OR INACCURACIES IN THE INFORMATION PROVIDED. THIS PUBLICATION IS DESIGNED TO PROVIDE INFORMATION AND ANALYSIS THAT THE COMPANY BELIEVES TO BE ACCURATE, BUT IT IS PUBLISHED WITH THE UNDERSTANDING THAT NEITHER THE AUTHOR NOR THE PUBLISHER IS RENDERING INVESTMENT ADVICE, NOR OFFERING INDIVIDUALIZED ADVICE TAILORED TO ANY SPECIFIC PORTFOLIO OR TO ANY INDIVIDUAL’S PARTICULAR NEEDS, NOR OFFERING PROFESSIONAL SERVICES SUCH AS LEGAL OR ACCOUNTING ADVICE. ANYONE NEEDING ASSISTANCE IN AREAS THAT INCLUDE INVESTMENT, LEGAL, AND ACCOUNTING ADVICE SHOULD CONSULT A COMPETENT PROFESSIONAL’S SERVICES. THIS PUBLICATION MAY REFERENCE HISTORICAL PERFORMANCE DATA. PAST RESULTS DO NOT GUARANTEE FUTURE PERFORMANCE. ADDITIONALLY, BUSINESS CONDITIONS, LAWS, REGULATIONS, AND OTHER FACTORS AFFECTING PERFORMANCE ALL CHANGE OVER TIME, WHICH COULD CHANGE THE STATUS OF THE INFORMATION IN THIS PUBLICATION. THIS COMMUNICATION REFLECTS OUR ANALYSTS’ OPINIONS AS OF THE DATE OF THIS COMMUNICATION AND WILL NOT NECESSARILY BE UPDATED AS VIEWS OR INFORMATION CHANGE. PERCH PERSPECTIVES AND MAP OR THEIR AFFILIATED COMPANIES OR THEIR RESPECTIVE SHAREHOLDERS, DIRECTORS, OFFICERS AND/ OR EMPLOYEES, MAY HAVE LONG OR SHORT POSITIONS IN THE SECURITIES DISCUSSED HEREIN AND MAY PURCHASE OR SELL SUCH SECURITIES WITHOUT NOTICE.