Talent News Round-Up: Bonkers Hiring Market, Recruiter Numbers, and the Future of Jobs
Staying updated on the latest workforce trends is crucial for TA leaders and HR professionals. This week, we delve into three significant developments shaping the talent landscape and get SocialTalent CEO, Johnny Campbell’s first-hand takes on these pieces.
- Entrepreneur reports that Wall Street is gearing up for a hiring surge in 2025, fueled by renewed deal-making activity and a focus on mid-level talent in sectors like tech and healthcare.
- Full Stack Recruiter reveals steady growth in the global recruitment industry through 2025, with recruiters thriving by embracing AI and adapting to evolving workforce trends.
- World Economic Forum emphasizes the rise of tech-driven roles and the critical need for continuous upskilling as 39% of workers’ skills are projected to evolve by 2030.
Join us as we explore these pivotal insights and their implications for the future of work.
1. Wall Street Headhunters Are Gearing Up for a ‘Bonkers’ Hiring Market in 2025
Source: Entrepreneur
Wall Street is bracing for a surge in hiring as 2025 promises a revival in mergers, acquisitions, and IPO activity, driven by lower interest rates and pent-up demand. Headhunters report a 60-70% rise in recruitment, with sectors like tech, healthcare, and restructuring leading the charge. Banks are focused on quality hires, prioritizing mid-level talent to avoid past missteps. Major firms like Evercore, Barclays, and Houlihan Lokey are ramping up efforts to prepare for the anticipated dealmaking boom.
Johnny Campbell’s take on this:
“This is music to a recruiter’s ears and hopefully not the only sector that will see a rebound in 2025. I personally don’t see it being “bonkers” as one contributor to this article was quoted as saying but all of these small signs can build into a tipping point where all that pent up demand to find a new job gets released in a flood. It would seem that in 2025 all bets are off!“
2. How Many Recruiters are There in the World in 2025?
Source: Full Stack Recruiter
Despite concerns about AI replacing recruiters, global data from 2021 to 2025 reveals steady growth in the recruitment industry. By 2025, the recruiter population is projected to rise, with significant increases in Asia and Africa and a stable presence in North America and Europe. While AI enhances efficiency, the personal touch of skilled recruiters remains essential. Future recruiters who embrace technology and adapt to workforce trends will thrive in this evolving and competitive field.
Johnny Campbell’s take on this:
“Super interesting, scientific approach to this much debated topic. Jan is a detailed guy and highly respected thought leader in recruiting. His data shows growth in the recruiter market. However, how many of these recruiters are working? I suspect recruiter unemployment remains high. Also, it will take several years for the recruiter market to begin to shrink significantly. Companies move slowly. Until they don’t!“
3. Future of Jobs Report 2025
Source: World Economic Forum
The Future of Jobs Report 2025 highlights broadening digital access as a key driver of labor market changes. Fastest-growing roles include big data specialists, fintech engineers, and AI experts, fueled by advancements in AI, automation, and energy technologies. These trends are expected to create 19 million jobs by 2030 but displace 9 million, with clerical and administrative roles among the most affected. Continuous learning and upskilling will be essential as 39% of workers’ skills evolve by 2030.
Johnny Campbell’s take on this:
“The times they are a changing” as Bob Dylan once wrote. They are indeed, and faster than ever. Tech jobs and truck drivers are in; graphic designers and accounting clerks are out. Upskilling is the name of the game folks, which to me emphasises the need for recruiters to be better talent advisors, guiding hiring managers on the evolving landscape of skills and how to reshape their talent.“