ZRG Partners, Inc. has announced the launching of the ZRG Partners GELAF Index, a broad and comprehensive monthly analysis of global online job demand in the equipment leasing and asset based financing sectors. Based on a real-time review of employer job opportunities garnished from a representative selection of corporate career sites and job boards in 10 different key countries, the GELAF Index provides a meaningful overlay of hiring demand by region of the world.

The initial ZRG Partners Global Equipment Leasing and Finance (GELAF) Hiring Index posted 73.5 for November, a 18% decrease from the prior month and an overall 12% decrease from September levels.

After posting a slight increase in overall global jobs in October, November numbers indicated a noticeable decrease over the prior two months levels and seems to reflect the global uncertainty in certain sectors and net impact on new jobs.

Looking deeper at the numbers, Mexico and South America showed growth in hiring this month with Chile and Mexico showing increased demand. On the other side of the spectrum, the USA had a sharp decrease in hiring in November from previous levels. Europe and the UK did post a decrease but interestingly, the UK had growth while Germany showed sharp declines in new hiring.

Ken Vancini, Managing Partner of ZRG Partners related, “There is no single source of global hiring data for the leasing and asset finance space. As the macro issues around the world impact hiring in a more connected way in our industry, the GELAF index will be a great source of trends and data to help global finance players better understand the supply and demand issues surrounding talent”.