{"id":91,"date":"2006-06-08T06:02:59","date_gmt":"2006-06-08T11:02:59","guid":{"rendered":"http:\/\/selectmetrix.com\/blogs\/?p=91"},"modified":"2006-06-08T06:02:59","modified_gmt":"2006-06-08T11:02:59","slug":"the-tightening-market-part-2","status":"publish","type":"post","link":"http:\/\/selectmetrix.com\/blogs\/2006\/06\/the-tightening-market-part-2\/","title":{"rendered":"The Tightening Market-Part 2"},"content":{"rendered":"<p>In a recent article on the <a href=\"http:\/\/www.shrm.org\/ema\/news_published\/CMS_016698.asp#P-4_0\" target=\"_blank\">Tightening Labor Market<\/a> from the SHRM website (membership required) 2 recent surveys go beyond the unemployment rates and the number of new jobs created to show the demand for talented workers is increasing.  Both of the surveys were conducted by global outplacement consultancy Challenger, Gray &#038; Christmas, Inc.<\/p>\n<blockquote><p>The first one surveyed 3,000 job seekers and found that among those landing jobs in the first quarter, the median job search lasted just 2.7 months, more than a month shorter than the peak of 4.0 months reached in the third quarter of 2004. It was the lowest job-search time recorded since the second quarter of 2001, when search times fell to a record low of 2.1 months.<\/p><\/blockquote>\n<blockquote><p>The second survey confirmed the struggle to find skilled wiorkers, conducted during the first week of April among 100 human resource executives. In the survey, 66 percent said it was becoming more difficult to find qualified candidates and\/or retain workers on the payroll. A quarter of respondents said they were already experiencing a severe shortage of workers.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>In a recent article on the Tightening Labor Market from the SHRM website (membership required) 2 recent surveys go beyond the unemployment rates and the number of new jobs created to show the demand for talented workers is increasing. Both of the surveys were conducted by global outplacement consultancy Challenger, Gray &#038; Christmas, Inc. The first one surveyed 3,000 job seekers and found that among those landing jobs in the first quarter, the median job search lasted just 2.7 months, more than a month shorter than the peak of 4.0 months reached in the third quarter of 2004. It was the lowest job-search time recorded since the second quarter of&hellip; <a class=\"read-more\" href=\"http:\/\/selectmetrix.com\/blogs\/2006\/06\/the-tightening-market-part-2\/\">Read More<\/a><\/p>\n","protected":false},"author":4,"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_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":[5],"tags":[],"class_list":["post-91","post","type-post","status-publish","format-standard","hentry","category-trends"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p5Oho-1t","jetpack-related-posts":[{"id":2357,"url":"http:\/\/selectmetrix.com\/blogs\/2010\/06\/take-this-job-and\/","url_meta":{"origin":91,"position":0},"title":"Take This Job And","author":"Derrick Moe","date":"June 25, 2010","format":false,"excerpt":"shove it\u2026apparently.\u00a0 The Herman Trend offers up some stats that may catch you by surprise (emphasis mine): It is interesting to note that in the United States more people quit their jobs in the last three months than those who lost their jobs. After 15 straight months of time in\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":101,"url":"http:\/\/selectmetrix.com\/blogs\/2006\/06\/job-market-continues-to-grow\/","url_meta":{"origin":91,"position":1},"title":"Job Market Continues to Grow","author":"Derrick Moe","date":"June 13, 2006","format":false,"excerpt":"The latest report on corporate hiring - 31% of U.S. Firms Plan to Add Staff - is good news for the economy. However, the labor market is tightening up fast. This market is different from the tech bubble of the late 1990's as the author points out: On the whole,\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":568,"url":"http:\/\/selectmetrix.com\/blogs\/2007\/01\/median-hiring-time-shortens-slightly\/","url_meta":{"origin":91,"position":2},"title":"Median Hiring Time Shortens Slightly","author":"Derrick Moe","date":"January 12, 2007","format":false,"excerpt":"3.7 months. According to this CNNMoney.com article, that was the median time it took to hire in the fourth quarter. As long as that may seem, it trended down from third quarter which is a good sign. U.S. workers needed less time to land a new job in the fourth\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":497,"url":"http:\/\/selectmetrix.com\/blogs\/2006\/12\/twin-cities-hiring-trend\/","url_meta":{"origin":91,"position":3},"title":"Twin Cities&#8217; Hiring Trend","author":"Derrick Moe","date":"December 12, 2006","format":false,"excerpt":"I never put much stock in these types of surveys, but the local Pioneer Press reports on the recent Manpower survey: Twin Cities employers expect to hire at a sluggish pace during the first quarter of 2007, a Manpower employment survey found. Of the companies interviewed about their hiring plans,\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":2278,"url":"http:\/\/selectmetrix.com\/blogs\/2010\/02\/hiring-time\/","url_meta":{"origin":91,"position":4},"title":"Hiring Time","author":"Derrick Moe","date":"February 24, 2010","format":false,"excerpt":"According to this CNNMoney.com article, 2010 hiring will be steady and growing (emphasis mine): \"We see a healthy expansion under way, although it will take time to reduce economic slack and repair damaged balance sheets,\" said Lynn Reaser, president of the National Association for Business Economics, which conducted the survey\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":2300,"url":"http:\/\/selectmetrix.com\/blogs\/2010\/03\/2010-hiring-trends\/","url_meta":{"origin":91,"position":5},"title":"2010 Hiring Trends","author":"Derrick Moe","date":"March 31, 2010","format":false,"excerpt":"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\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\/91","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\/4"}],"replies":[{"embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/comments?post=91"}],"version-history":[{"count":0,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/91\/revisions"}],"wp:attachment":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/media?parent=91"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/categories?post=91"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/tags?post=91"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<!-- WP Super Cache is installed but broken. 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