February 10, 2023
It’s only two months into the new year, and global economies are preparing for a possible turndown if a recession hits. Yet, foreign employers continue recruiting workers from this region despite it all — a trend Caribbean Employment Services Inc. had noted and commented on from as early as last summer.
Caribbean Employment Services Inc. is a market-leading digital talent acquisition service that aims to connect the top talent from the Caribbean with hiring managers, HR professionals and decision-makers in companies both within the Caribbean as well as abroad. Further, it aims to provide the region’s jobseekers and those who are already employed with news and resources related to Caribbean labour.
At the start of this year, regional economic experts had already begun speculating over whether a possible recession in the United States, Canada and the United Kingdom — primary tourism markets for the Caribbean — would in turn have a negative impact on tourism, which was only just beginning to recover in full swing after the pandemic. Although the year has only just gotten off to a start, economists were wary about what a downturn in tourism could mean for the Caribbean workers reliant on that industry for a living, and especially those in the informal sector, which has seen a major boom over the last year.
However, the Economic Commission for Latin America and the Caribbean (ECLAC) projected that job growth may not be as much of a challenge for the region as expected this year, and now, with the trend of foreign employers exclusively looking to the Caribbean to hire skilled workers, it seems that perceived safety net when it comes to jobs could well hold true.
Caribbean Employment Services Inc. has partnered with both regional and international employers to source the best talent for job openings. Most recently, several Canadian employers have launched a huge recruitment drive, seeking skilled Caribbean labourers for several positions across several Canadian provinces. The United States and United Kingdom likewise looked to the Caribbean during labour market shortages, and with the unpredictable labour market, that could again be the case. This could potentially provide some job stability for Caribbean workers even in what is projected to be a tough economic climate up ahead if rising inflation does not stop and if a recession indeed comes to pass. It would once again prove the region’s astounding resilience in the face of seemingly unbeatable odds, and Caribbean Employment Services Inc. will continue to closely monitor developments in this regard.