RECRUITER UPDATES Predicts $50B More will be Spent on Hiring in 2022

Company Updates Predicts $50B More will be Spent in Hiring in 2022

Feb 04, 2022 / by  Nicole Gallina
Nicole Gallina’s CEO, Evan Sohn, joined CNBC’s Worldwide Exchange with Brian Sullivan to discuss the current hiring landscape and the demand for recruiters. 

Sohn reported that in this December alone, there was a 30 percent increase in employees who quit their jobs compared to last December and that the U.S is hiring 7.3 percent more than the average in 2019.

“Companies were stocking up on recruiters like stocking up on purell before the pandemic,” said Sohn. 

According to a recent report, the average cost per hire of non-executive level employees was $4,425 in 2021. With demand on the rise as well as the job hopper economy, Sohn predicts that the U.S. economy will spend $50B more in hiring in 2022. 

The full interview can be found here.

Tags: Thought Leadership

Written by Miles Jennings

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