Manufacturing, EV, engineering sectors to drive 2024 hiring activity

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.

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