From a CareerBuilder.com email regarding the pork stimulus plan: By the fourth quarter of 2010, over 3,994,000 jobs are estimated to be created and/or saved due to the American Reinvestment and Recovery act according to Moody’s Economy.com. I’m all for efforts to create jobs in this economy, but I have heard this question asked before and it bears repeating: What tool measures “saved” jobs? There isn’t one, it is simply marketing propaganda. Granted, the qualifying word in the sentence is “estimated,” but the real issue is job creation. I think it was Peter Drucker who said if you can’t measure it, you can’t manage it. The focus this year and… Read More
Continue ReadingQ4 Job Forecast
Recruiting Trends provides a summary of CareerBuilder and USA Today’s Q4 Job Forecast and there are some interesting trends. First, according to the survey workers are postponing active job searches but are open to a change if the right one comes along. Of the 6,100 workers surveyed, 38% are planning to sit tight for the next year and wait for the economy to swing back while 41% plan on staying until retirement. This “squatting” will create some tension in that 23% of employers plan to add full-time, permanent employees in the next three months and 34% say they are having a hard time finding qualified candidates, especially in highly-skilled areas. Not… Read More
Continue Reading2008 Workforce Forecast
The Herman Trend Alert offers up their 2008 forecast in this week’s electronic newsletter. Since I do not have a link, here is the forecast in it’s entirety: This year, once more, we offer you our full forecast for the coming year: 1. Recruitment in a Tightening Labor Market Even the coming economic slowdown will not completely stop the creation of jobs. Moreover, stimulated by job creation and the fact that skilled workers in many occupations are in short supply, time-to-fill openings will also continue to increase as will the costs. 2. More Employers Turning to Recruitment Process Outsourcing (RPO) In an effort to reduce costs, more large employers will… Read More
Continue ReadingWork/Life Balance Has Reached Executives
BusinessWeek.com offers up a good summation of today’s hiring market in terms of executive recruitment. We could have wrote this article – it describes exactly what we are encountering in a couple of executive searches. Let’s unpack a couple points from the article: This new environment requires that executive headhunters and companies’ human resources and business leaders delve deeper into what’s really important to senior-management candidates and calibrate the recruitment process accordingly. Very true. Part of this understanding comes from assessing their motivations and rewards, the other part from interaction. Yesterday I posted on the need for flexibility when hiring since candidates desire work/life balance far more than in previous… Read More
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