Why do many enterprises stop hiring in 2020?

1. Uncertain economic outlook: At present, the global economic situation is unstable, and the economic growth rate of many countries is declining. At this time, enterprises will be more cautious and avoid expanding expenditures.

2. Impact of the epidemic: The global outbreak of the COVID-19 epidemic has left many enterprises in trouble, resulting in a wave of layoffs and a significant reduction in enterprise recruitment.

3. Slow recovery of industries: Affected by the epidemic, some industries have a long recovery time, which leads to great financial pressure on related enterprises and dare not recruit more employees.

4. Fierce competition: With the social progress and economic development, more and more people begin to receive higher education and enter the workplace, so the competition in the job market is becoming more and more fierce.

5. Skills mismatch: The specific skills that many enterprises need are not easy to find, which makes it difficult for enterprises to recruit satisfied and qualified employees.