The Downturn's Upside

The economic crisis has wreaked havoc on many companies and industries, yet results from a McKinsey survey taken in early June suggest that, for some at least, the changes have not been all bad. For example, almost as many executives said the crisis has increased their companies' ability to hire as said it has decreased that ability. Compared with a survey taken six weeks earlier, significantly more respondents said their companies are hiring talent that would not otherwise be available.

Source: Economic Conditions Snapshot, June 2009: McKinsey Global Survey Results