Manufacturing, electric vehicle and engineering companies, as well as the offshore facilities of multinationals, are hiring at their fastest pace in five years, boosting the overall recruitment activity at a time when demand for talent in the information technology sector has slowed down.
The hiring intent for 2024 is 19.8% in 2024 compared with 16% in 2023 which was also the highest since 2020, according to a study of 500 companies by Adecco, a staffing and HR solutions company. Fifty of these companies were listed, while the rest were startups and small and medium enterprises, with a majority of them having a headcount of more than 2,500.