{"id":2514,"date":"2012-07-06T13:45:00","date_gmt":"2012-07-06T18:45:00","guid":{"rendered":"http:\/\/selectmetrix.com\/blogs\/?p=2514"},"modified":"2013-06-27T09:10:54","modified_gmt":"2013-06-27T14:10:54","slug":"spinning-the-bad-economy","status":"publish","type":"post","link":"http:\/\/selectmetrix.com\/blogs\/2012\/07\/spinning-the-bad-economy\/","title":{"rendered":"Spinning The Bad Economy"},"content":{"rendered":"<p>The economy is in rough shape as most people know.\u00a0 However, I give credit to the Business Journal for attempting to spin a good story out of this hot mess.\u00a0 Here is the headline:<\/p>\n<blockquote><p><a href=\"http:\/\/www.bizjournals.com\/nashville\/news\/2012\/07\/05\/challenger-report-june-job-cuts-hit.html?ana=RSS&amp;s=article_search\" target=\"_blank\">Challenger report: June job cuts hit 13-month low<\/a><\/p><\/blockquote>\n<p>Sounds positive and they lead off with this info:<\/p>\n<blockquote><p>Nationally, the country\u2019s employers announced plans to slash 37,551 jobs in June, down 39 percent <a href=\"http:\/\/www.bizjournals.com\/boston\/news\/2012\/05\/31\/job-cuts-hit-8-month-high.html\">from May<\/a>, which marks a 13-month low for planned cuts, according to a new report from human resources consultancy Challenger, Gray &amp; Christmas Inc.<\/p><\/blockquote>\n<p>Ah, but the truth often lies in the later paragraphs:<\/p>\n<blockquote><p>Still, halfway through 2012, there have been a total of 283,091 job cuts, an increase of about 15 percent from last year\u2019s total during the same six-month period, per Challenger Gray &amp; Christmas.<\/p><\/blockquote>\n<p>The job situation is still in shambles and we are seeing it in our business.\u00a0 There are <em>many<\/em> strong candidates out there looking for opportunities that just are not materializing right now.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The economy is in rough shape as most people know.\u00a0 However, I give credit to the Business Journal for attempting to spin a good story out of this hot mess.\u00a0 Here is the headline: Challenger report: June job cuts hit 13-month low Sounds positive and they lead off with this info: Nationally, the country\u2019s employers announced plans to slash 37,551 jobs in June, down 39 percent from May, which marks a 13-month low for planned cuts, according to a new report from human resources consultancy Challenger, Gray &amp; Christmas Inc. Ah, but the truth often lies in the later paragraphs: Still, halfway through 2012, there have been a total of&hellip; <a class=\"read-more\" href=\"http:\/\/selectmetrix.com\/blogs\/2012\/07\/spinning-the-bad-economy\/\">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":[49,2,3,5],"tags":[508,1346,562,1748,1282,1082],"class_list":["post-2514","post","type-post","status-publish","format-standard","hentry","category-economy","category-hiring","category-sales","category-trends","tag-economic-downturn","tag-economic-indicators","tag-economic-slowdown","tag-hiring","tag-layoff","tag-unemployment"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p5Oho-Ey","jetpack-related-posts":[{"id":545,"url":"http:\/\/selectmetrix.com\/blogs\/2007\/01\/the-perfect-storm\/","url_meta":{"origin":2514,"position":0},"title":"The Perfect Storm","author":"Derrick Moe","date":"January 4, 2007","format":false,"excerpt":"CNNMoney.com offers this quick story - Planned job cuts take big Dec. dip. The phrase \"planned job cuts\" is a poor construction, but it essentially means expected layoffs. Planned job cuts for all of 2006 fell below 1 million for the first time since 2000, according to Challenger, Gray &\u2026","rel":"","context":"In &quot;Hiring&quot;","block_context":{"text":"Hiring","link":"http:\/\/selectmetrix.com\/blogs\/category\/hiring\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2191,"url":"http:\/\/selectmetrix.com\/blogs\/2009\/12\/a-real-economic-prediction\/","url_meta":{"origin":2514,"position":1},"title":"A Real-World Economic Prediction","author":"Derrick Moe","date":"December 8, 2009","format":false,"excerpt":"This story from abcnews.com carries some weight in terms of a real economic forecast.\u00a0 It isn\u2019t good: More of America's largest companies will shrink their staffs than will hire in the next six months, according to the latest survey of their CEOs. Nineteen percent of the CEOs expect to expand\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"http:\/\/selectmetrix.com\/blogs\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2320,"url":"http:\/\/selectmetrix.com\/blogs\/2010\/04\/good-sign-bad-sign\/","url_meta":{"origin":2514,"position":2},"title":"Good Sign, Bad Sign","author":"Derrick Moe","date":"April 27, 2010","format":false,"excerpt":"As is so often the case in this economy, the market is sending mixed signals.\u00a0 From one article on abcnews.com: The economic strength, both in U.S. and international markets, plus cost cuts, higher rates and fuel surcharges led to a 33 percent increase in first-quarter profit. UPS boosted its full-year\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"http:\/\/selectmetrix.com\/blogs\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1543,"url":"http:\/\/selectmetrix.com\/blogs\/2008\/04\/executive-hiring-a-challenging-priority\/","url_meta":{"origin":2514,"position":3},"title":"Executive Hiring A Challenging Priority","author":"Derrick Moe","date":"April 30, 2008","format":false,"excerpt":"From the Herman Trend Alert newsletter (sorry, no link): The economic slowdown here in the United States is not having the expected effect on the demand for qualified executive talent. ExecuNet's \"2008 Executive Job Market Intelligence Report\" finds that increasing demand, along with a shortage of qualified talent and sustained\u2026","rel":"","context":"In &quot;Hiring&quot;","block_context":{"text":"Hiring","link":"http:\/\/selectmetrix.com\/blogs\/category\/hiring\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1693,"url":"http:\/\/selectmetrix.com\/blogs\/2008\/08\/the-resilient-economy\/","url_meta":{"origin":2514,"position":4},"title":"The Resilient Economy","author":"Derrick Moe","date":"August 5, 2008","format":false,"excerpt":"If you think of the obstacles that have been thrown at our economy over the past few years (oil prices, housing market, credit crunch, ongoing war, etc.), you start to appreciate just how resilient it is. When you work in the recruiting space, you pay close attention to the economic\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"http:\/\/selectmetrix.com\/blogs\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1663,"url":"http:\/\/selectmetrix.com\/blogs\/2008\/07\/first-round-cuts\/","url_meta":{"origin":2514,"position":5},"title":"First Round Cuts","author":"Derrick Moe","date":"July 16, 2008","format":false,"excerpt":"The frequency of layoffs has started to rise as the economy continues it's slow progression (no, it hasn't recessed).\u00a0 Up here in Minnesota we have experienced some large layoffs recently.\u00a0 But there is an interesting point in all of these layoffs when it comes to salespeople. Many times the underperformers\u2026","rel":"","context":"In &quot;Economy&quot;","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\/2514","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=2514"}],"version-history":[{"count":2,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/2514\/revisions"}],"predecessor-version":[{"id":2537,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/2514\/revisions\/2537"}],"wp:attachment":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/media?parent=2514"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/categories?post=2514"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/tags?post=2514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<!-- WP Super Cache is installed but broken. 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