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Recruiting During Downturns Paves the Way for Future Success

TL;DR: 1) Voxmeter shows a significant drop in companies planning to hire. 2) Recruiting now unlocks more affordable and high-quality talent. 3) Long-term investment: companies stand stronger when the market rebounds.

IT-DAY Copenhagen Career fair

The economic development provides the foundation for a competitive boost through recruitment.

Over the past 2–3 years, Denmark has experienced fluctuating economic conditions, marked by global uncertainty, rising inflation, and shifts in consumer behavior. A new business cycle survey from Voxmeter indicates that only 16.8% of Danish companies plan to hire more employees within the next three months—a significant drop from 21.3% in January 2024. This corresponds to a 21.1% year-on-year decline, suggesting a more cautious approach to growth and recruitment (Voxmeter Konjunktur Rapport, 2025).


Nevertheless, multiple sources underline the importance of maintaining—or even increasing—recruitment efforts during periods of economic slowdown. Data from Statistics Denmark reveals that while growth rates have fluctuated, companies continuing to invest in talent development are better prepared once the economy rebounds (Danmarks Statistik, 2023). A report from the Confederation of Danish Industry (Dansk Industri) also notes that wages and hiring costs are typically lower during weaker economic cycles, providing a cost-effective opportunity to secure talented employees (Dansk Industri, 2023).


When the economy picks up again, these recruiters avoid the fierce competition that usually arises in a tight labor market—a strategic advantage highlighted by Dagbladet Børsen (Dagbladet Børsen, 2024). The Danish Chamber of Commerce (Dansk Erhverv) further emphasizes that investing in skill development and employee retention strengthens company culture and boosts loyalty, benefiting all parties in the long run (Dansk Erhverv, 2022).


 

How IT-DAY Can Support You

At IT-DAY, we connect companies with IT professionals year-round—regardless of economic conditions. Our services include:

Booths at IT Career Fairs – Meet over 3,000 IT professionals annually.
Targeted Newsletters & Job Site – Showcase your job listings to the right candidates.
Digital Marketing – Strengthen your brand and attract talent through social media and Google Ads.

Get in touch today at info@itday.dk to learn how we can support your recruitment strategy, ensuring you fully capitalize on the next economic upswing.

 

References

  1. Voxmeter Konjunktur Rapport, 2025.

  2. Danmarks Statistik, Nationalregnskab 2023.

  3. Dansk Industri, Talentbarometer 2023 (Juni 2023).

  4. Dagbladet Børsen, ”Virksomheder rekrutterer sig til fremtiden” (Oktober 2024).

  5. Dansk Erhverv, Rekruttering og fastholdelse under økonomisk pres (2022).

Contact us 

IT-DAY ApS

CVR: 44149249

Fredrik Bajers Vej 300, 9220 Aalborg Øst

+45 2046 8860

info@itday.dk

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