Staffing & Employment News
Friday’s BLS economic report clearly shows that momentum in the labor market has stalled: nonfarm private payrolls increased by a meager 17,000, but as government payrolls declined by 17,000 the net job creation for August was nil. This is the lowest increase in private payrolls since February 2010, and the 4th consecutive month of weak growth. In the last consecutive 18 months, the economy did add 2.4 million private sector jobs.
What is the problem?
The pundits cite: The Verizon Communications strike that caused decline of approximately 45,000 in nonfarm payrolls last month. The recent federal debt ceiling debate fiasco, the S&P downgrade, and the stock market debacle of August. The Conference Board Consumer Confidence Index published for the month also showed a sharp decline. The lack of demand is by far the largest problem, leading to this slow pace of hiring, especially in small firms in “core” services. And yet, thankfully, for the moment layoffs have not picked up.
Staffing Professionals Predict
Staffing organizations and recruiters seem to have a more optimistic projection. (more…)
Staffing & Employment News – Optimism and Hiring over next six months
Recruiters are often called a bellwether of the economy, and as such we’d like to share good news with you. Redfish Technology more than doubled our production in 2010 and we look forward to a strong year ahead.
According to ExecuNet, two-thirds of executive recruiters anticipate more management talent over the next six months in spite of the continued measures to contain corporate headcount. ExecuNet wrote in a press release that in December that their “benchmark Recruiter Confidence Index revealed that 66 percent of 144 responding executive recruiters are “confident” or “very confident” the executive employment market will improve over the next six months, up five points from November and the highest confidence registered since the second quarter of 2008.” (more…)
Creating a Culture of Giving
By Heidi Clark, CHO (Chief Humanity Officer)
As I sit down to write this, I am laughing, out loud in fact because my current “gift” that I’m working on is running an online auction for my children’s school and I’m (once again) stumped. Let me begin by saying that even though I recruited for several years in High Tech this does not make me tech savvy and I am realizing quite quickly that there are many others that could do this job much quicker and yet, I plod along, happy to be contributing to this beautiful school. That’s the point I guess, to pass this on to my children to show them that Mom is willing to try new things and is there to help.
Giving is something that I grew up surrounded by and it wasn’t always a grand gesture, it was more the home grown variety of helping people in small, neighborly ways. I grew up with stories of my Grandparents (who luckily both maintained jobs during the 30’s) taking neighbors in during the depression and offering them dinner and company on nights when there was no food in their own home. My father sat on our Hospital Board, the School Board, was involved in Rotary, Kiwanis and our Chamber of Commerce. (more…)