Here is an interesting poll from Gallup – the Job Creation Index. I was not familiar with this one until seeing it on Drudge. I always have a tinge of skepticism for any poll, but this one has a staggering finding (emphasis mine): Gallup’s Job Creation Index clearly indicates that state and local governments are in the midst of significant downsizing, no doubt reflecting budgetary issues resulting from recessionary pressures on the tax (and other) revenue that funds these governments. Hiring at the federal level has apparently to date escaped these same fiscal pressures. Indeed, the federal government appears to be significantly outpacing the private sector in terms of the… Read More
Continue Reading2010 Hiring Trends
From the Herman Group newsletter: According to the latest Manpower Employment Outlook Surveys, the US will have a year-over-year increase of about five percent with a record-tying 73 percent of employers keeping staff levels stable. Twelve of the 13 industry sectors surveyed report positive net employment outlooks, meaning employers in most industry sectors plan to add staff during the second quarter. The only sector expecting negative growth is Government, however with the passage of the recent healthcare legislation, we believe that may not be an accurate forecast. Moreover, among the 201 local metropolitan statistical areas surveyed, “94 percent indicate a positive or neutral net employment outlook, indicating cautious optimism is… Read More
Continue ReadingJob Metrics
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
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