Via Harvard Business Publishing …
A recession might seem like good news for employers looking to hire: with unemployment rates up, you’ve got more people to choose from and the opportunity to hire at a lower price.
While the current economic situation might make this a great time for you to expand your team, it can actually make hiring more expensive. Post a job ad and you’re likely to be swamped with potential applicants; and if budget is tight on your end, you’ve probably got limited capacity to screen a large pool.
