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TICKERS: RCRT

Recruiting Firm Predicts Hiring Demand Increase in 90 Days
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This conclusion and others come from Recruiter.com's network of recruiters that spans all economic sectors.

Recruiter.com Group Inc. (RCRT:OTCQB) announced in a news release that its Recruiter Index indicates that U.S. job openings are expected to increase within the next 90 days.

The index revealed that more than 38% of the surveyed recruiters expect this trend whereas 17% expect no change, within the ensuing three months. More than 22% expect the number of available jobs to rise more quickly, in the next month.

Based on analysis of data from its Recruiter.com's network of 20,000-plus small and independent recruiters, the Recruiter Index determines recruiting trends and forecasts business growth.

Rick Roberts, president of Recruiting Solutions, noted in the release that already job demand is on the rise. "Informed by our network, during the past few weeks, we are excited to have opened up a record number of jobs and significantly increased resumé submissions from our network of recruiters," he said.

The Recruiter Index also showed that 50% of information technology and Internet jobs recruiters who were surveyed expect the quantity of available positions to increase in the next 30 days. Of the surveyed healthcare recruiters, 45.5% predicted more job openings in the next 30 days, and 54.5% predicted the same in 90 days. Of the financial services recruiters who participated in the survey, 66% expected job demand to increase or return to normal in the next 90 days.

As for recruiters for the food and beverage industry, which was hurt the most by COVID-19, one-third of those surveyed predicted that job demand will grow within 90 days.

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Disclosure:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees. As of the date of this article, an affiliate of Streetwise Reports has a consulting relationship with Recruiter.com. Please click here for more information.
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