Executive Summary • Used internationally as a bellwether of economic and labor market trends, the Net Employment Outlook – calculated by subtracting the percentage of employers who anticipate reductions to staffing levels from those who plan to hire – now stands at +30%, down slightly (-3%) from Q3, yet 6% higher than this time last year. • Organizations in the IT industry report the most optimistic Outlook (+42%); followed closely by Banking, Real Estate, and Insurance (+37%). • The brightest hiring intentions for next quarter are in Asia Pacific (+40%) and South and Central Americas (+39%), with the greatest expectations in Brazil (+56%) and India (+54%). • While employers in Europe, the Middle East, and Africa (EMEA) anticipate relatively stable hiring (+21%), yet Outlooks for countries near Ukraine fall by as much as -17% since last quarter

In recent years, working from home has become a commonly used tool. The previously required benefit among employees has become a necessary tool for maintaining operations in many companies during the COVID-19 pandemic. Employees had to fundamentally change their working habits and adapt to the new situation overnight. Although working from home was not a novelty for everyone, the extent to which it started to be used at this time was unprecedented, and almost everyone had to adjust.