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  In the USA the uncertain economic climate has led to a considerable downturn in spending on consultancy; this has had a pronounced knock-on effect on recruitment:

"It's not a pretty year for consulting, from strategy to IT," said George Stalk, Toronto-based senior vice-president of Boston Consulting Group Inc.

A number of consultancies have asked their university recruits to take longer holidays before joining the firm, and at least one firm has rescinded job offers.
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Bruce Simpson, the McKinsey & Co. partner with responsibility for Canada, believes the slowdown may actually help the strongest firms because it encourages a flight to quality by clients and professionals.
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