I'm not sure that's how any sensible business operates.
If you're a business, what the wider market is doing is really of little interest or concern when it comes to employment.
Either a) You have a need for more staff, and thus have to hire more staff, b) You don't have a need for more staff, or a surplus of them, or c) You have a surplus of staff that aren't adding value to your business and you need to let them go.
Of course, there's always a certain amount of pressure from budgets etc. that dictate you must let go of staff you need, or can't employ the staff you want because of market salaries, but that's merely detail - you can't do anything about it at those points.
If business drops off, you need less staff to handle it and they "cost" you more than the value you're getting from them. If business booms, you need to hire more staff to cope. If you can just cull staff and not affect the business, you really were employing people who were unnecessary anyway (read: bad business, one synonym of which is "public sector"). If you find your business struggling, then current worldwide staffing levels really don't mean very much - you have to preserve the business. If you *need* to hire someone, then you hope there's enough suitably qualified and willing-to-work-for-the-wage people out there, but if there's not you still have to hire *somebody* anyway, or you wouldn't be hiring.
Recent job losses are more a reflection of business stability. If you're culling jobs, it's because you were over-staffed or under-efficient. Sure, it can be a convenient excuse too, but businesses can't just go out and hire people to help ease a job crisis any more than they can keep people on when the business goes under.
A business's primary aim, as stated in all the legal jargon that you agree to when you form a company, is to provide a good or service at a profit. They *aren't* there to create job positions, that's just a side-effect of the way they operate, so they have little interest in the greater vision of a government trying to reduce unemployment.
Governments can try to create jobs as much as they like but where do you think the money / incentive for those positions come from? The taxpayer. We pay subsidies and other incentives to companies to create jobs in our particular area rather than somewhere else by giving them money (directly or indirectly through tax relief, etc.). That's not really a viable way to "create" jobs except temporarily. And it works, temporarily. But after a while, you realise that we're just paying people to do a "fake" job that can be put first on the culling list when the government needs money because it's valueless. While we pay the subsidy/incentive, they have value. The second that stops, they are removed.
With the exception of the occasional temporary incentive / boom in a particular area, jobs create or kill themselves depending on demand for the associated business. The problem is that so few places actually run themselves like a business until things come down to the wire. You'll notice that, since the recession, a lot of places still aren't selling what people want and then complain about not having any business - bank staff disappeared overnight in many branches to be replaced by faceless machines, telephone centres are all off-shore and virtually non-English-speaking, energy companies want to throw smart-meters into your home (and put thousands of meter readers out of work), phone companies won't give you less than 18 month contracts unless you want some cheap plastic thing with no allowances, etc. etc. etc.
In a recession, those who know how to do business continue on exactly as before and don't suddenly cull their staff. Kindle sales are through the roof - so people still have money to spend on the product that's right. It's all the people who see making profit during the height of business as the "pinnacle", which means they can splash cash on worthless junk forever after that. The entire dot-com boom was pretty much the same - you can make money but will you be around in 50 years?
Ask yourself how did Woolworths, which started in the US and is still running there and in lots of other countries, go bust in the UK when it was focused on selling cheap products (perfect for recession-hit customers), when individual stores were bought by their own managers and continued running at a profit, when the online arm continued running at a profit, when the stores were sold off to rivals who picked up the same staff and still made a profit, etc.
The current unemployment levels are really more a sign of worthless business management than anything else - whether that's sacking vital staff, cutting back in the areas that matter instead of the one's that don't (e.g. sacking frontline staff instead of expensive management), and getting rid of people that they never really needed anyway.