The November outlook by the National Association for Business Economics, which is set to be released Monday, shows economists expect net employment losses to bottom out in the first quarter of next year<\/strong>. Employers are seen starting to add to their payrolls after that.<\/p><\/blockquote>\nI would be more comforted by these economists if I didn\u2019t read so many unemployment stories that are saturated with phrases like \u201ceconomists were surprised by the numbers\u2026.\u201d\u00a0 However, any possibility of recovery is a welcome thought.\u00a0 It does appear that the hiring environment will be reserved:<\/p>\n
But even if companies do start restaffing next spring, they aren’t expected to ramp up hiring very quickly. Some 7.3 million jobs have been lost since December 2007, according to NABE. Of the 48 panelists surveyed, 61 percent do not expect a complete recovery of those lost jobs until 2012. And they expect the unemployment rate will remain “stubbornly high,” averaging 9.6 percent in the fourth quarter of 2010.<\/p><\/blockquote>\n
\u201cStubbornly high\u201d should be in quotes.\u00a0 I would have used the adverb \u201cdangerously,\u201d but that is me.\u00a0 One point to make here is that strong salespeople are a valuable asset to any company and even moreso during depressed revenue times.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Great Recession roars on during this holiday season.\u00a0 Our company is focused on sales hiring, both assessing candidates for our customers and running full recruiting processes.\u00a0 The hiring outlook is of great importance to us and a topic I try to track closely. That being said, this abcnews.com article provides a mixed bag (emphasis mine): The November outlook by the National Association for Business Economics, which is set to be released Monday, shows economists expect net employment losses to bottom out in the first quarter of next year. Employers are seen starting to add to their payrolls after that. I would be more comforted by these economists if I… Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"bgseo_title":"","bgseo_description":"","bgseo_robots_index":"","bgseo_robots_follow":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[49,2,16,5],"tags":[1442,1444,50,38,273,1443],"class_list":["post-2173","post","type-post","status-publish","format-standard","hentry","category-economy","category-hiring","category-hiring-salespeople","category-trends","tag-great-recession","tag-hiring-in-a-bad-economy","tag-hiring-trend","tag-sales-hiring","tag-sales-trend","tag-tough-economy"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p5Oho-z3","jetpack-related-posts":[{"id":1196,"url":"http:\/\/selectmetrix.com\/blogs\/2007\/09\/tough-hiring-data-to-spin\/","url_meta":{"origin":2173,"position":0},"title":"Tough Hiring Data To Spin","author":"Derrick Moe","date":"September 20, 2007","format":false,"excerpt":"Time to suspend the recession talk for one more week. From CNNMoney.com's Unemployment claims down: WASHINGTON (AP) -- The number of laid-off workers filing claims for unemployment benefits fell to the lowest level in seven weeks, an unexpected sign of improvement for the job market. The Labor Department reported Thursday\u2026","rel":"","context":"In "Hiring"","block_context":{"text":"Hiring","link":"http:\/\/selectmetrix.com\/blogs\/category\/hiring\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1624,"url":"http:\/\/selectmetrix.com\/blogs\/2008\/06\/fourth-quarter-comeback\/","url_meta":{"origin":2173,"position":1},"title":"Fourth Quarter Comeback","author":"Derrick Moe","date":"June 19, 2008","format":false,"excerpt":"We have been talking to many of our customers and have seen a consistent trend among our small sample size - Q4 is going to be a good quarter.\u00a0 Of course, that doesn't do much for the last few days of this quarter and Q3, but it is a good\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"http:\/\/selectmetrix.com\/blogs\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2043,"url":"http:\/\/selectmetrix.com\/blogs\/2009\/06\/the-pain-of-a-lagging-indicator\/","url_meta":{"origin":2173,"position":2},"title":"The Pain Of A Lagging Indicator","author":"Derrick Moe","date":"June 6, 2009","format":false,"excerpt":"Hiring, that is, and it appears that it is going to be an even rougher road over the back half of 2009.\u00a0 If you are in the recruiting, hiring, assessing business you are aware of this fact.\u00a0 9.4% unemployment is remarkable.\u00a0 From abcnews.com: The percentage of people without jobs in\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"http:\/\/selectmetrix.com\/blogs\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2467,"url":"http:\/\/selectmetrix.com\/blogs\/2011\/01\/a-hiring-boom\/","url_meta":{"origin":2173,"position":3},"title":"A Hiring Boom","author":"Derrick Moe","date":"January 4, 2011","format":false,"excerpt":"Well, it is good to be back at it after a nice Christmas break with the family.\u00a0 It is even better to come back to read an article like this one from CNNMoney.com.\u00a0 How about this: \"We're looking at some leading indicators on employment, and they're all flashing green lights,\"\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"http:\/\/selectmetrix.com\/blogs\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2224,"url":"http:\/\/selectmetrix.com\/blogs\/2010\/01\/2010-unemployment\/","url_meta":{"origin":2173,"position":4},"title":"2010 Unemployment","author":"Derrick Moe","date":"January 4, 2010","format":false,"excerpt":"9.3 to 9.7% That\u2019s right, that is the expectation for the 2010 unemployment rate from the Federal Reserve based on this abcnews.com story.\u00a0 I find that number shockingly high, but it is realistic. Then there is this bit of information from Reuters (emphasis mine): Speaking at American Economic Association's mammoth\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"http:\/\/selectmetrix.com\/blogs\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1940,"url":"http:\/\/selectmetrix.com\/blogs\/2009\/03\/find-the-15\/","url_meta":{"origin":2173,"position":5},"title":"Find The 15%","author":"Derrick Moe","date":"March 12, 2009","format":false,"excerpt":"CNNMoney.com provides this article regarding 2009 hiring.\u00a0 As you may expect, hiring is down and it appears more cuts are coming soon: Of the 31,800 employers surveyed, only 15% anticipate hiring more employees during the second quarter, down from 16% in the first quarter and 26% in the same period\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"http:\/\/selectmetrix.com\/blogs\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_featured_media_url":"","_links":{"self":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/2173","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/comments?post=2173"}],"version-history":[{"count":1,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/2173\/revisions"}],"predecessor-version":[{"id":2174,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/2173\/revisions\/2174"}],"wp:attachment":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/media?parent=2173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/categories?post=2173"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/tags?post=2173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}