Demand for new staff among leasing and finance companies has fallen 15% in the third quarter of 2013, according to research from recruitment company ZRG Partners.
The figures, part of ZRG’s quarterly hiring index, show a drop in hiring demand has been led by the European, Asia Pacific and South American regions.
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The decline in global demand was slowed by a strong signs of US recovery where hiring actually climbed 15%.
The two companies who showed the most interest in recruiting in their home territories were CIT and GE Capital, but De Lage Landen (DLL) have also shown interest in hiring in the US while cutting back or remaining static in their hiring plans for the rest of the world.
Germany and France’s hiring needs were still in decline, reflecting the drop in leasing business volume in both countries reported by Leaseurope. However, according to ZRG, leasing executives in the two nations are optimistic about business growth for 2014, and with it a demand for more staff.
The regions with the largest declines in recruitment demand remain the BRICs, which have declined for three consecutive quarters now, and the Latin American countries which have seen a sharp drop after highly positive growth in the second quarter of the year.
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By GlobalDataThe strongest growth nation outside of the USA remains the UK which has seen quarter-on-quarter growth in recruitment demand for four consecutive quarters.
