For most of Hirewell’s existence, internal recruiter positions were the #2 most commonly filled roles on a yearly basis. Right after software engineers.

 

In 2023? Not even on the heat map. Almost no demand. And lots of A+ recruiters have struggled to find work.

 

Why? Rising interest rates. 

Jeff Smith and James Hornick put on their nerd hats and explain how the macroeconomic environment affects hiring in a very real way in episode 79 of The 10 Minute Talent Rant, “How High Interest Rates Tanked Recruiting”