2019 Hiring Outlook: Fewer Economic Fears and More Hiring Plans
Nearly 55 percent of companies plan to hire in the coming year, according to a survey conducted by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc. That’s compared to just over 46 percent of companies who reported they would hire in 2018.
Meanwhile, fewer companies reported that economic fears and soft demand would negatively impact hiring. Nine percent of companies stated low demand and economic uncertainty would slow hiring, compared to 24 percent of respondents who reported this in the 2017 survey.
The survey was conducted in November among 150 companies of various sizes in all industries nationwide.
“Companies are currently locked in a war for talent. With the market at near full employment and companies making plans to expand or invest in technologies requiring workers with new or differing skill sets, it’s no wonder the hiring outlook is so positive,” said Andrew Challenger, Vice President of Challenger, Gray & Christmas, Inc.