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It’s a hard-knock life labor market for job-seekers right now, and employers are only making it worse.
That’s according to Workday’s newest Global Workforce Report, released on Tuesday. The research is based on internal Workday data, and a survey of more than 1,000 managers and business leaders conducted with Hanover Research.
Things are heating up. Workday’s latest data reflects what job-hunters have lamented this year: competition for jobs is getting harder.
The share of global applications on Workday’s platforms grew by 31% in the first half of 2024, compared to the same period the year prior. Applications grew four times faster than hiring