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India ranks first and Ireland fourth in global recruitment rankings

DUBLIN: In a global survey of the most attractive staffing markets around the world, Staffing Industry Analysts (SIA) rated India first and Ireland fourth. According to the report, India and Malaysia were the most attractive markets globally, followed by China and Ireland.

Ireland is ranked first out of the 29 European countries evaluated. Germany, Norway, the United Kingdom, and Denmark rounded out the top five in the European business rankings. European countries are at the forefront of the SIA report based on their economic growth potential, the relative ease with which markets operate, and the regulatory environment.

The report, which analysed 62 markets across six continents, provides comparative insights into countries’ strengths and weaknesses as a business location, especially in the context of the labour market for recruitment organisations.

The global analysis considered a number of factors, including the business environment, global trade, GDP growth prospects, ease of doing business, access to skilled talent, market regulatory affairs, and political stability.

In addition, this year’s analysis covers the countries’ efforts to combat the COVID-19 epidemic as well as effective responses to the pandemic’s consequences.

Donal O’Donoghue, President of Ireland’s National Recruitment Federation (NRF), opined that recruitment activity often reflects the economic, regulatory and political status of countries and regions.

Donal O’Donoghue also noted that Ireland’s status as the only native English-speaking country in the EU enhances the attractiveness of the staffing markets around the world. He added that recent major job announcements from Intel, Stripe and Diligent support Ireland’s position as a competitive knowledge-based economy.

Algeria, Nigeria, Egypt, and Kuwait were listed as the least attractive global markets by the SIA report.

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