08 March 2024 — AMS, the global talent solutions business responds to latest US Bureau of Labor Market statistics. In February, the US economy added 275,000 jobs, again exceeding expectations by a wide margin.
Commenting on the latest statistics Nicky Hancock, Managing Director, Americas Region at AMS said: “The year has started off with a major focus on strategy and optimizing hiring practices. Some industries are showing a bit of a slower start to their sourcing ramp up, while others are harnessing insights and implementing new solutions to gain new hires and improve retention.
With last year’s economic instability, organizations are looking to expand their Recruitment Outsourcing relationships to allow their partners to navigate changing tides caused by the economy. Varied talent solutions are becoming attractive to employers as they tackle adaptability and flexibility in hiring.
TA teams looking to access new quality candidate pools are finding that employer branding, investments in new-gen technologies and consulting/advisory services are helping companies become more attractive to talent.
A lot of retail, aviation and hospitality organizations are increasing cost cutting initiatives as consumers pull back the spending highs during and post pandemic. These organizations are relying on AMS to bring forward new ways of creating expense value through an increase of direct sourcing discussions to create value in total talent workforce.”
