North American Employers Increasing International Hiring
The intention for international hiring among North American employers has risen by 5%, maintaining a steady rate of 32%. U.S. employers, in particular, demonstrate an increasingly optimistic global outlook, with 34% anticipating growth—a 4% increase from the previous quarter.
This optimism is largely fueled by the IT sector, where demand for tech talent is rising to support digital growth initiatives. The rapid evolution of AI technologies is a key driver of this uptick in international hiring. Beyond IT, the Financial services and Real Estate sectors also show significant interest in expanding their global workforce.
However, some employers planning or implementing layoffs in 2024 cite factors such as performance challenges, financial pressures, and skill mismatches. In response, HR leaders are using these situations to reassign employees and close skills gaps, optimizing their workforce.
Despite a general slowdown in the labor market, the demand for international hiring remains strong and steady. This reflects continued confidence in global expansion and the strategic importance of building a diverse, skilled international team.
Source: Carolyn Crist, 2024 “‘Global hiring intentions hold steady for fourth quarter of 2024″, hrdive.com, September, 16th 2024, https://www.hrdive.com/news/hiring-intentions-hold-steady-fourth-quarter-2024/727080/