Jobseekers, recruitment firms and even workers had a trying 2020, as companies tightened their headcounts and put in place cost-cutting measures to cope with the Covid-19-induced economic crisis. And while the labour market — both in Singapore and globally — is showing signs of a slow pickup, CGS-CIMB Research has already pencilled a “buy” call on recruitment firm HRnetGroup with a target price of 63.5 cents.

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