HRO Today December 2017 - 68

HRO Today Research
Driving the
Economic
Growth Engine
Low unemployment in advanced economies is creating positive
change.
By The Editors
To explore international labor markets, companies must
fi rst consult global labor market data. PeopleScout,
a global provider of RPO, MSP, and total workforce
solutions, has partnered with HRO Today magazine
to produce quarterly reports that compile current
international labor market fi gures, including measures like
national gross domestic product (GDP) and unemployment
rates over time, from countries across the globe. This
data reveals critical information about the state of
the talent pool, working conditions, and recruitment
needs of various countries and regions. It is an essential
tool for predicting fruitful locations for expansion and
recruitment, thereby allowing multinational companies to
stay competitive in talent acquisition.
According to the World Bank's June 2017 Global Economic
Prospects report, global economic growth in 2017 is
projected to accelerate to 2.7 percent, up from 2.4
percent in 2016. Activity in advanced economies driven
by economic growth in the United States is expected
to gain momentum in 2017, accelerating to 1.9 percent
before moderating gradually in 2018 and 2019. In Europe
and Japan, strengthening domestic demand and exports
have led to improved 2017 growth forecasts. Growth in
emerging markets and developing economies is projected
to reach 4.1 percent in 2017 and 4.5 percent in 2018.
[68]
HRO TODAY MAGAZINE
| DECEMBER 2017
The full report, available at www.HROToday.com, contains
statistics taken from Which Countries Are Best at English
as a Second Language? by the World Economic Forum,
November 2017. Some highlights:
North America
According to the Bureau of Economic Analysis, third
quarter 2017 GDP grew at 3 percent in the United States,
similar to the second quarter. The increase in real GDP
results from increases in consumer spending, inventory
investment, business investment, and exports on both
goods and services. A notable offset to these increases
was a decrease in housing investment. Imports, which are
a subtraction from GDP, decreased reports the Bureau of
Economic Analysis.
In September, the U.S. unemployment rate declined
slightly to 4.2 percent from 4.4 percent in June. The
unemployment rate has remained below 5.0 percent since
January 2016, suggesting stability in the American job
market and conditions considered by many economists to
be " fully employed. "
Despite a third quarter slowdown, Canada's economy
remains on track to grow about 3 percent in 2017.
According to the Monthly Economic Monitor from
National Bank of Canada, consumption spending has been
http://www.HROToday.com

HRO Today December 2017

Table of Contents for the Digital Edition of HRO Today December 2017

HRO Today December 2017 - 1
HRO Today December 2017 - 2
HRO Today December 2017 - 3
HRO Today December 2017 - 4
HRO Today December 2017 - 5
HRO Today December 2017 - 6
HRO Today December 2017 - 7
HRO Today December 2017 - 8
HRO Today December 2017 - 9
HRO Today December 2017 - 10
HRO Today December 2017 - 11
HRO Today December 2017 - 12
HRO Today December 2017 - 13
HRO Today December 2017 - 14
HRO Today December 2017 - 15
HRO Today December 2017 - 16
HRO Today December 2017 - 17
HRO Today December 2017 - 18
HRO Today December 2017 - 19
HRO Today December 2017 - 20
HRO Today December 2017 - 21
HRO Today December 2017 - 22
HRO Today December 2017 - 23
HRO Today December 2017 - 24
HRO Today December 2017 - 25
HRO Today December 2017 - 26
HRO Today December 2017 - 27
HRO Today December 2017 - 28
HRO Today December 2017 - 29
HRO Today December 2017 - 30
HRO Today December 2017 - 31
HRO Today December 2017 - 32
HRO Today December 2017 - 33
HRO Today December 2017 - 34
HRO Today December 2017 - 35
HRO Today December 2017 - 36
HRO Today December 2017 - 37
HRO Today December 2017 - 38
HRO Today December 2017 - 39
HRO Today December 2017 - 40
HRO Today December 2017 - 41
HRO Today December 2017 - 42
HRO Today December 2017 - 43
HRO Today December 2017 - 44
HRO Today December 2017 - 45
HRO Today December 2017 - 46
HRO Today December 2017 - 47
HRO Today December 2017 - 48
HRO Today December 2017 - 49
HRO Today December 2017 - 50
HRO Today December 2017 - 51
HRO Today December 2017 - 52
HRO Today December 2017 - 53
HRO Today December 2017 - 54
HRO Today December 2017 - 55
HRO Today December 2017 - 56
HRO Today December 2017 - 57
HRO Today December 2017 - 58
HRO Today December 2017 - 59
HRO Today December 2017 - 60
HRO Today December 2017 - 61
HRO Today December 2017 - 62
HRO Today December 2017 - 63
HRO Today December 2017 - 64
HRO Today December 2017 - 65
HRO Today December 2017 - 66
HRO Today December 2017 - 67
HRO Today December 2017 - 68
HRO Today December 2017 - 69
HRO Today December 2017 - 70
HRO Today December 2017 - 71
HRO Today December 2017 - 72
HRO Today December 2017 - 73
HRO Today December 2017 - 74
HRO Today December 2017 - 75
HRO Today December 2017 - 76
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-chro-today-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-november-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-may-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-march-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-july-august-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-january-february-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-april-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-september-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-october-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-june-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-december-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/chro-today-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-may-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-april-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-september-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-october-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-november-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-march-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-june-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-january-february-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-july-august-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-december-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-september-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-october-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-november-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-march-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-june-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-july-august-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-january-february-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-may-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-december-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-april-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-september-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-october-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-december-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-november-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-may-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-march-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-june-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-january-february-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-july-august-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-april-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-october-2015
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-november-2015
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-july-august-2015
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-september-2015
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-june-2015
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-april-2015
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-july-august-2014
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-november-2014
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-october-2014
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-december-2014
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-january-february-2015
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-june-1014
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-may-2014
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-april-2014
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hrot-january-february-2014
https://www.nxtbookmedia.com