Every year, The Herman Group issues its annual forecast; we have added some new areas of discussion for this forecast: Enjoy.
1. Recruiting will continue to intensify among many sectors. With continuing recovery in the United States and Europe, companies of all sizes will take on new staff. The growing challenge will be to find talent in the technical fields, particularly STEM* areas. Few companies will continue their reluctance to add staff, though massive re-engineering will continue as well. (See #9 below) Worldwide, we will see continued recovery in Brazil (4.0 percent GDP growth) and India (6.0 percent growth), and China with slowed growth, but still at 7.5 percent growth. (China’s increase had been projected at 8.2.) Europe, while it continues to emerge from the economic doldrums, will continue at low rates of growth.