The recruitment industry still remains strong despite the wide spread scare of the "doom and gloom".
Insecurity and redundancies have seen job-seekers flood the recruitment market to fight for a smaller number of vacancies.
It is a well-known fact that the media sells more news based on negativity, which may compound fears around the possibility of a recession. As a result businesses can start to feel insecure and purse strings may be tightened.
The economy is under increasing scrutiny but we are yet to experience a lull. In fact, the demand for skilled workers remains strong. When the media starts to predict rises in inflation, HR departments often react by putting a freeze on recruitment or they may even start to make job cuts. But this is a simple knee-jerk reaction and often not the smartest move for the future success of the business.
It's not all doom and gloom as there are still some strong performing sectors like education, health care, retail and purchasing, while technology industry recruitment is still rising and niche jobs are delivering value for both employers and job-hunters.