LevelUP HCS - February 2023 Quarterly Talent Market Report - Cover-1

Download the Quarterly Talent Report 2023

Download the February 2023 Quarterly Talent Market Report
Gain a strategic view of what lies ahead in the talent landscape. Our February 2023 issue of the Quarterly Talent Market Report delivers timely insights, best practices and forward-thinking guidance for HR leaders, talent acquisition professionals and business executives navigating a year of unprecedented change.


Why this edition matters

As organizations face volatile supply and demand dynamics in the workforce, the February 2023 report offers a vital pulse check. With tightening labor markets, increasing demand for contingent staffing and emerging models for workforce agility, companies must move beyond the traditional “hire and hope” paradigm. Instead, they need strategies built for flexibility, speed and strategic alignment. The role of Recruitment Process Outsourcing (RPO) and contingent workforce programs is more critical than ever.


What you’ll discover

  • Current market snapshots: We analyze macro-labour data — including hiring volumes, unemployment trends and talent pool behaviours — to highlight where the labour market is easing, where it remains tight, and how this impacts sourcing strategies.
  • Contingent workforce dynamics: Trends around freelancers, contractors and part-time professionals are evolving fast. This section explores how organisations are leveraging this flexible talent pool and how RPO partnerships are adjusting their approaches accordingly.
  • RPO’s evolving role: Traditional RPO engagements are being reshaped by the need for scalable, on-demand talent solutions. We show how RPO providers are adapting to serve not just permanent hiring but also contingent and project-based hiring models, delivering workforce agility, cost-control and strategic outcomes.
  • Skill-demand shifts and talent mobility: What skills are rising in importance in early 2023? How are talent mobility and global sourcing affecting your ability to fill gaps? We highlight emerging talent hot spots and share insights on how companies are rethinking pipelines and upskilling/reskilling strategies.
  • Best practice playbook: This isn’t just theory — we provide practical advice on how to build talent strategies that flex with market conditions. You’ll find actionable steps around workforce planning, contingency-talent integration, sourcing supplier ecosystems, and how to leverage RPO as a strategic partner in that ecosystem.
  • Forecast & implications for your business: What should you be preparing for in the next quarter and beyond? We present scenarios for talent supply/demand shifts, cost pressures, hiring speed, and how to build resilient talent acquisition and workforce management models.


How to use this report

Whether you’re an executive driving strategic workforce planning, an HR leader navigating changing hiring dynamics, or a talent acquisition team responsible for execution, this report offers value. Use it as a conversation-starter with stakeholders, a decision-support tool for your hiring strategy and a roadmap for aligning your talent programs with broader business goals.

  • Bring this report into your next leadership meeting: use the data and insights to inform your hiring-budget decisions, contingent workforce strategy, and RPO-provider evaluation.
  • Benchmark your current practice against market conditions: Are you scaling too slowly? Are you missing out on flexible talent? Are your RPO models built for today’s pace?
  • Drive alignment between permanent-hire strategy and contingent/talent-on-demand strategy: The borders between permanent, contract, project and flexible workers blur — and your ecosystem must reflect that.
  • Integrate RPO into your talent-strategy roadmap: See how your RPO provider (or the one you’ll select) can evolve to support not only fill-volume metrics, but strategic workforce agility, cost containment, and risk mitigation.