What Are The Labor Markets Really Saying?
Read Electronic Recruiting News by John Sumser for industry insight and analysis.
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Reveille
Simply Hired Forums open for business.
HotJobs introduces premium placement, enabling businesses to pay for placement at the top of job search results pages.
HotJobs offers Real Simple Syndication (RSS) support. Job seekers can now save active Yahoo! HotJobs searches as an RSS-feed and have updated results appear daily on an RSS aggregator.
Ceridian introduces expanded tools to manage employee absences.
HireDesk launches HireQuality for mid-sized organizations.
VirtualEdge releases VE Salute™ for the new hire experience.
CareerJournal.com partners with London-based Online Recruitment Magazine.
HireAbility introduces new Corporate Recruiter program, which allows a client company to directly access the HireAbility Recruiting Exchange Network, and represent their own jobs as the account manager.
Seagate Technology, Goldman Sachs, DBS Bank, and UBS Select Convergys for Employee Care Services.
Buy, sell and trade contacts at Jigsaw.
Comensura will embed WorkforceLogic Contingent Workforce Management Solution within Its Business Process Optimization offering.
CollegeRecruiter.com releases White Paper on 15 Best Practices for Corporate Employment Sites. (Email your request for the white paper and your contact information to Steven@CollegeRecruiter.com)
Jobpartners, a European provider of software solutions in the PRM (People Relationship Management) market, has achieved 8 million euros of revenue in the 2004/2005 fiscal year.
Deck Chairs:
Simply Hired acquires Damon Billian to head its community efforts....Becky Stein joins Korn/Ferry as Senior Client Partner...David Kimmelman, Formerly of
BrassRing.com, Joins AIRS As Vice President of Career Transition Solutions...
Survey Sez
The Ladders presents:
Quarterly Executive Employment Outlook
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The top five cities showing the sharpest increase in available $100k+ positions over the past quarter are: Tampa (16%), Miami (15%), Baltimore (14%), Washington, DC (13%), and Phoenix (11%).
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When asked: is now a better time to be in the job market than this time last year, 68% of the survey's respondents said yes. In March 2005, a slightly higher percentage (77% percent) of respondents answered positively.
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When asked to forecast the length of their job searches, respondents congregated in the middle: 33% predicted a 3-6 month hunt; 30% anticipated a 1-3 month search; and 24% expected to be in the market for 6-12 months. Thirteen percent of the executives surveyed
think their job search will take over a year.
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A recurring trend in the Executive Job Market Outlook is the expectation for lots of legwork. Thirty three percent of respondents said they expect to send out over 100 applications before getting an offer; 27% said they'd need to apply to 20-50 jobs before an offer
is made; 22% anticipated it taking between 50 and 100 applications to shake out an offer; and 18% thought it would require less than 20 applications to land their next gigs.
Broker Hunter on
Size of the Securities Industry
The numbers suggest an annualized growth rate of just over 2% for the year. It is interesting to note that total employment is now at the same "pre-bubble" level as May of 2000. It could be that the industry is approaching a new build up with caution and that new hiring must
follow some more substantial increases in trading volume and gains in the financial markets.
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You Should Know
Global:
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A Ju-Jitsu Attack on Headhunters. (Yahoo)
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Surprise! The graying of the workforce is better news than you think, and today's seniors are more durable than ever. (BusinessWeek)
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How do you calculate the ROI of job boards? (Staffing.org)
Japan: The Anime business. Japan's next big export? (BusinessWeek)
Nevada: Wynn Las Vegas' top human resources leader told a group of business leaders they should consider hiring nontraditional workers such as ex-prisoners and former welfare recipients. (Las Vegas
Sun)
US:
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