Staffing & Employment News

Filed under: Recruiting, Staffing & Employment News

Staffing & Employment News 

Job growth improved more than expected in September. Payroll jobs advanced 103,000 in September despite government sector contraction – private non-farm payrolls gained a total of 137,000 in September, following a 42,000 increase in August and 173,000 in July. Friday’s employment report shows that the labor market is not quite as sluggish as earlier believed. Read more »

Salary Negotiation – Tips You Can Use In Any Job Market

Filed under: Candidate / Job Seeker, Salary

Salary Negotiation – Tips You Can Use In Any Job Market

Shannon Tinker

Shannon Tinker

By Shannon Tinker

The ‘how to’ of negotiating salaries has likely been a hot topic since the invention of employment. In reality, there are no hard and fast rules for determining salary and an Internet search on salaries can sometimes prove helpful and other times is sadly, misleading. Read more »

IT Employment Trends

Filed under: High Tech / IT / Software, Industry Info, Tech Trends

IT Employment Trends

Redfish is seeing competition for key technology roles, which we discuss in Executive Recruiter, Andy Nacsin’s article “Winning the Tech Talent War”.  Hiring and job postings are continuing to grow overall as evidenced in recent reporting on IT jobs.

The TechServe Alliance just published its IT Employment Index for June, showing an increase of 132,800 (up 3.39%) from June 2010. Overall in Q2 of this year the number of IT jobs has increased, as it had since December 2009, however the month of June slipped slightly by 300 from the month before. IT employment is at 4,051,200; an increase of approximately 133,000 jobs since June 2010. Indeed.com reports that Information Technology job postings have increased 44% over July 2010 (8% over last quarter), and clicks on those jobs have increased 7% since July 2010.  Read more »

Staffing & Employment News from Redfish Technology

Filed under: Recruiter / Recruiting, Recruiting, Staffing & Employment News, Talent Acquisition

Staffing & Employment News

Gloom and confidence, contradictory predictions on hiring and profits

 

Gloomy employment report numbers a surprise

The Employment Report for June has been called “moribund” and “abysmal”. On the eve of the report however, ADP predicted month-to-month strength in private payroll data, estimating a 157,000 gain. Other analysts also predicted better gains, projecting 125,000 in June. Instead, the BLS reported private payrolls at 75,000 and overall nonfarm payrolls at 18,000 due to declines in government sector employment (39,000 in June, 48,000 in May).

Confidence down despite projected rise in profits

The Conference Board measure of CEO Confidence dipped in the second quarter to 55, after rising in Q1 to 67. Lynn Franco, Director of The Conference Board Consumer Research Center said: “CEO confidence cooled considerably in the second quarter, a reflection of a sluggish U.S. economy. Looking ahead, expectations are that this slow pace of economic growth will continue. Regarding the outlook for profits over the next 12 months, the news was a bit more favorable, with about 70 % of CEOs anticipating profit increases.”  Read more »

Most Robust Growth in 5 Years, Yet Mixed Messages about the Employment Outlook

Filed under: Recruiting, Staffing & Employment News

Staffing & Employment News

Most Robust Growth in 5 Years, Yet Mixed Messages about the Employment Outlook

Friday’s employment situation report released by the Bureau of Labor Statistics was stronger than anticipated with non-farm private payroll showing increased employment of 268,000 last month, surpassing March’s strong showing of 231,000. This growth is the most robust in five years, and marks the seventh straight month of employment increases. Nonetheless, jobless rate climbed and government jobs fell by 24,000.

The 43,000 surge in jobless claims is explained by various factors but nonetheless was higher than last month. The unemployment rate went from 8.8% to 9.0% month over month. The longer trend remains positive: The economy has added 2.1 million private sector jobs over 14 consecutive months, including more than 800,000 jobs since the beginning of the year. The unemployment rate rose to 9.0 percent, but remains 0.8 percentage point below its November level”, according to Austan Goolsbee, Chairman of the Council of Economic Advisors. Read more »

Staffing & Employment News – Redfish Technology Monthly Newsletter

Filed under: Recruiting, Staffing & Employment News

Staffing & Employment News

Respectively Healthy Improvement

Before the revolutions started driving oil prices up, there was some heady optimism. It persists despite the anticipated impacts of expensive oil. Americans must be feeling optimistic, “auto sales reportedly rose 27% in February”, NPR reported, “as the economic recovery continued and consumers felt more comfortable taking on a car payment.”

The jobs report today showed a “respectively healthy gain” for the month of February, at 192,000, and December and January revisions were up a net 58,000. Professional and business services, health care, transportation & warehousing, construction, mining, and manufacturing all showed increases. ADP estimated yesterday that February’s private payrolls increased by 217,000 (a little higher than today’s report), and the Monster employment index went up 7 points to 129 in February with a sharp pick-up in online job recruitment. Read more »

Staffing & Employment News

Filed under: Recruiting, Staffing & Employment News

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.” Read more »

Optimism about Growth and Employment Evidenced in Recent Reports, Surveys

Filed under: Recruiting, Staffing & Employment News

Optimism about Growth and Employment Evidenced in Recent Reports, Surveys

CEOs and NFIB surveys show growing optimism: higher sales anticipated, plans for hiring and capital expenditures.

Jobless Claims

New unemployment claims continued to decrease reaching an anticipated 420,000 this week. The four-week moving average has improved for the sixth week in a row and continuing unemployment claims also have come down, a good sign of payroll growth. Read more »

When is the Best Time to Look for a New Job?

Filed under: Candidate / Job Seeker, Job Search, Recruiter / Recruiting, Redfish Speaks

Beth Cliff

Beth Cliff

When is the Best Time to Look for a New Job?

By Beth Cliff, Executive Recruiter, High Tech Engineering Talent Manager

The old adage follows that the best time to look for a job is when you already have one.  While this may still hold true, the reality of today’s economic climate dictates that many excellent candidates are finding themselves unemployed and in the midst of a job search.  There are pros and cons to both classifications of candidates – those who are employed and those who are not, when it comes to identifying your next career opportunity.  What I have found over the years as a Recruiter is that no matter what your motivation for seeking a new opportunity, preparation and attitude are key. Read more »

The Polarization of Job Opportunities in the U.S. Labor Market: Implications for Employment and Earnings – Summary of article by David Autor

Filed under: Industry Info, Jobs/Employment

The Polarization of Job Opportunities in the U.S. Labor Market: Implications for Employment and Earnings

David Autor, MIT Department of Economics and National Bureau of Economic Research

The Hamilton Project

Introduction:

“Between December 2007, when the U.S. housing and financial crises became the subject of daily news headlines, and March of 2010, the latest period for which data are available, the number of employed workers in the United States fell by 8.2 million, to 129.8 million from 138.0 million. In the same interval, the civilian unemployment rate nearly doubled, to 9.7 percent from 5.0 percent, while the employment-to-population ratio dropped to 58.6 percent from 62.7 percent—the lowest level seen in more than 25 years. Job losses of this magnitude cause enormous harm to workers, families, and communities. Read more »