Most people agree that there will be a demand for workers as soon as we start the recovery process (no, I do not subscribe to the idea that the recession ended in June of 2009). Companies are running in a most efficient manner right now due to the fact that they had to cut staff to the bone. Growth/expansion will require an expansion of most company’s workforces. The supply of workers will be limited due to the Baby Boomer retirements and the great decrease in workers in Gen X. Along with this shortage comes another important limitation in the workforce. From the Herman Trend’s weekly email (emphasis mine): “Unfortunately, with… Read More
Continue ReadingAs The Job Market Churns
Quick-hitter article here from HotJobs.com – Good-Paying Jobs Are Ample, But Training Is Critical. The article is a fast read and worth your time, but here is what caught my attention: The job market is always churning. About 7 million workers lose or leave jobs each quarter and, when the economy is growing, more than 7 million are added to payrolls. Companies hiring right now include makers of aircraft and medical equipment, shipbuilders and refiners of petroleum and sugar. At the same time, losses continue to sock the textile, apparel, auto and other industries. 7 million jobs churn each quarter. That is a staggering number and helps to define what… Read More
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