gilbert hungbo, director-general— much more at pa.e at pa. gilbert hungbo, director-general of the _ director—general of the international labour organisation, thank you, i will talk to you soon. thank you for having me. what thank you, i will talk to you soon. thank you for having me. what does all this mean — thank you for having me. what does all this mean when _ thank you for having me. what does all this mean when it _ thank you for having me. what does all this mean when it comes - thank you for having me. what does all this mean when it comes to - all this mean when it comes to companies actually hiring staff? are they still expanding their headcount? will the new —— what changes will this year bring? robert walters, recruitment agency, globally, i�*d been catching up with its chief executive. pleasure having you own, thank you. let�*s start with your company, you�*re talking about a softening of recruitment activity levels, so i want you to paint me a picture, what is that, what does it mean? �* ., , ., , mean? i've done this

gilbert hungbo, a pleasure having you on the show, and let's start with this.for this year don't paint a pretty picture, what are you expecting? the covid effects, where a lot of countries, particularly from the north, have started recovering while low—income or low—income economies are struggling with the impact of covid on one hand. 0n the other hand, we have tension starting with the war in ukraine, and its consequences. third is the inflation situation. when we put all of that together, it gives a picture that is not rosy. gilbert, in recent weeks we have heard of a growing number of big—name companies making big job cuts, like amazon, facebook parent meta, goldman sachs. i wonder, does it make you fear that more are to come? because big job cuts at those organisations can sometimes have a knock—on effect. clearly they will have a knock—on effect, that is very much worried that 2023, we will see that happening more. we project globally, we project employment growth, not more than i%, it's very little, and to unpack that, you have part of the world like nort