The Randstad Group, a human resources powerhouse, foresees that Trump's policies will serve as a "powerful catalyst" for the US job market.

Randstad NV, the world's largest human resources services provider, believes a Donald Trump return to the White House could have a net positive effect on the US jobs market. Sander Van't Noordende, CEO of Randstad NV, said in an interview at the World Economic Forum in Davos: "I've heard a lot of optimism in the US about deregulation, growth, innovation, new technology, and confidence. If there is more growth and more confidence, then there will be more hiring."

There is widespread expectation that Mr Trump's presidency will bring a loosening of regulation and tax policies that favour businesses.

Mr Van't Noordende said immigration and deportation issues were still unclear, adding that a key indicator of the impact of Mr Trump's policies would be the stock market.

"I expect a positive effect," he said.

By contrast, human resources companies have warned of a tough market environment in Europe, with companies cutting back on recruitment budgets amid increased uncertainty. Pagegroup, a UK headhunter, this month cut its profit forecast, citing deteriorating conditions in its two biggest markets, France and Germany.

Despite the tough economic climate, geopolitical tensions, and technological advances, employees have not lowered their expectations, Randstad NV said in a report on Tuesday.

The Dutch-based recruitment company, which surveyed more than 26,000 employees in 35 markets in Europe, Asia-Pacific, and the Americas, said people now believe work-life balance is more important than pay.

Mr Van't Noordende said, "The labour market is in some way stagnating," adding that recruitment rates and vacancy rates were both falling. As a result, employees want their current employers to do more for them "rather than jumping ship to get a higher salary elsewhere."

The company said employees were becoming more confident and were willing to act if their demands were not met.

The report showed that about 44 per cent of respondents said they had left their jobs because of a poor work environment, up 33 per cent from a year ago.