Reveille and Hyperbole
CollegeRecruiter.com has acquired the Jobseekers Revenge blog from Jim Stroud, a recruiter at Microsoft and the continuing author of the Jim Stroud 2.0 blog. Over 20,000 web pages link to the more than 650 pages of entries, comments, and podcasts at Jobseekers Revenge. The blog was also nominated for the 2005 Best Blog Award by Recruiting.com. Terms of the transaction were not released.

You Should Know
Job Boom 2.0

• The 10 fastest-growing jobs We identify ten occupations that are projected to see double digit growth between now and 2014. (more)

  1. Network systems and data communications analyst	6. Database administrator
  2. Physician assistant	7. Physical therapist
  3. Computer software engineer, applications	8. Medical scientist
  4. Computer software engineer, systems software	9. Occupational therapist
  5. Network and computer systems administrator	10. College instructor

• Now is the time for a new job New studies say everyone's out looking. The latest data says everyone's hiring. Here's what workers (and their bosses) need to know. (more)

• 10 hot cities for job growth The Sun Belt will lead job growth from now through 2015 as megacities like Dallas, Los Angeles, and Phoenix expand. (more)

• Help wanted: What the numbers say The latest data shows why the labor market is starting to shift in job-seekers' favor. (more)

(Business 2.0)

Some Helpful Historical Perspective
The Coming Job Boom
The help-wanted ads may look thin — but thanks to aging baby boomers, that's about to change
At a time when the job market still seems bleak, the outlook for Alex and Cindi Ignatovsky, both 33, could not be much brighter. After trying out a number of different careers, the Aptos, Calif., couple have recently discovered their true callings. Alex, who had been a paralegal and had also done a brief stint as an insurance salesman, has just started working as a juvenile-probation officer, helping kids wend their way through the crowded criminal-justice system. Cindi, who previously was an editor and a graphic designer, is now busy finishing up an intensive, multiyear program to become an acupuncturist. In her view, as she puts it, "there's as much opportunity as I make of it." She's right, about both her and her husband's prospects--but not just because they're passionate and adept at what they do. They have also, as it turns out, each chosen fields--in his case, law enforcement and social services, in hers, health care--that are feeling the first effects of the coming job boom. That's right. Even as thousands of Americans are still getting pink slips, powerful help is on the way. And it has more to do with demographics than economics. The oldest members of the huge baby-boom generation are now 56, and as they start retiring, job candidates with the right skills will be in hot demand. As Mitch Potter of human-resources consultant William M. Mercer says, "The dotcom bubble created a false talent crunch. The real one is coming." (Time...April 2002)

China:
China's Unlikely Shortage: Labor
One of the defining myths of modern China — that it has a bottomless well of unskilled, low-wage laborers — is coming apart at the seams. And hardest hit are the southern coastal cities that produce much of America's consumer bounty. What began two years ago as a temporary blip in the steady supply of migrants to China's export hub, where low wages and long hours are the norm, has become a constant problem for factory bosses. (CBS)

Global:
IT Workforce Rise Occurs Despite Fewer Software Developers, Thanks To Managers
Numbers don't always add up. Take, for instance, the latest IT employment stats that show American IT employment at a record high. According to an InformationWeek analysis of first-quarter labor statistics data, IT employment reached a record 3.472 million. That's 17,000 more employed in infotech than in the third quarter of 2001, the height of the dot-com job boom. But wait. Factor out the 91,000 increase in the number of IT managers between late 2001 and early 2006--a 31% rise--and the growth in non-managerial IT actually slipped by 74,000. Moreover, the number of IT pros who develop and administer software--an amalgamation of four job categories: computer programmers, scientists and analysts, software engineers, and database administrators--dipped during that time span by 1%. (InformationWeek)

Valley's new job market: (specific) help wanted
Yahoo's Sunnyvale campus is feeling so 1999 these days. The company hired more than 3,000 workers last year -- about the same number it had in all just three years ago. Perks are in vogue again, with the addition of free coffee bars, haircuts and car washing. Employees must park so far away that the company started a valet parking service. And Yahoo's not the only Silicon Valley company hanging out the ``Help Wanted'' sign and complaining about a talent shortage. (Mercury News)

US:
Nursing instructor shortage slows needed industry growth
While interest in nursing has grown year after year, a new problem has also arisen: there's a lack of instructors needed to teach beginning nursing students. It doesn't help that the field of nursing is in high demand. According to the U.S. Bureau of Labor Statistics, registered nurses make up the second-largest growing occupation across the country after retail sales employees. "There are lots of people who want to go into nursing," said Sylvia Baker, who works at Rockford Memorial Hospital and has been a nurse for 29 years. "Lots of people want to help others, but there aren't enough professors in the schools to be able to teach and crank out enough to keep going." (Rockford Register)

Job boom cuts welfare rolls
Unskilled: But advocates warn that the poor's job status is precarious
Utah's poorest citizens may be finally cashing in on the booming economy.
The number of Utah families on cash assistance fell to 8,055 in March, a low not seen since before the start of the 2001 national recession. Medicaid rolls also are edging downward, after more than four years of steep increases. Driving the trend, in part, are tougher work requirements for welfare recipients and the federal government's squeezing of Medicaid, say state officials. But the prime mover is likely Utah's red-hot job market. "It certainly fits the expected pattern," said Mark Knold, senior economist at the Department of Workforce Services. "We've been in a strong economy for over a year now. But it usually takes awhile for the economy to absorb the excess out there, people who have been idle and unemployed." (SLTribune)

Venture Capital: Repeat of dot-com bust not likely -- yet
If I had a $100 bill for every time I heard the words "bubble," "hot" or "overheated" in the past 90 days, I would be well on my way to creating a nice-sized venture fund. The words, of course, signal the mood right now in the venture industry as many people express concerns about the newfound excitement that is driving up valuations of Internet companies and causing venture capitalists to back dozens of podcasting, online video and wireless startups. (Seattle PI)

BUBBLE METER: Six signs of a new bubble
Welcome to the bubble meter, a new feature of this blog which I introduced in today's column. What I am looking for are anecdotes that may signal the formation of a new Internet bubble. Feel free to add your observations in the comments section. As I stumble across new items, I will post them on the blog. To help everyone get started, here are six that I came up with: (SeattlePI)

Study: Austin a leader in national job markets
A recent study says Austin has one of the hottest job markets in the country.
Austin has spent years trying to recover from the high-tech bust, but now a national magazine said the Austin job market will grow almost 25 percent by 2015. The number of available jobs in Austin could be adding up in the workers favor. A new business magazine ranking puts the Capitol City fourth in projected job growth other the next 10 years. "Now I'm really looking hard in Austin," said software engineer Michael Ferrera, who says he has already seen signs of the increase. (KVUE)

Hey Buddy, Can You Spare an Engineer
BCI Engineers & Scientists Has 18 Skilled Positions Open -- and No Takers
Richard Powers knows the engineering work is out there and that his company, BCI Engineering & Scientists, has the talent to compete for its share of the growing market. The big problem will be finding enough skilled employees to do the work, said Powers, the president and chief executive officer of the Lakeland company. (The Ledger)

Coming Soon

HR Shared Services Summit Optimizing HR Shared Services to Achieve Excellence in Your Organization $1,999 May 22 - 24, 2006 · Sonesta Hotel - Coconut Grove, FL
NACE National Meeting & Expo Anaheim Marriott/ Anaheim Convention Center May 30 - June 2, 2006 More Info Register	3rd Annual Best Practices in Talent Management, Leadership Development and Succession Planning Conference 25th - 26th May 2006 Barcelona, Spain £2006.57 Register
Hunt Scanlon Advisors present Generating Higher ROI on Human Capital June 7, 2006 Chicago	OnRec Online Recruitment Conference Queen Elizabeth II Conference Centre June 20 Westminster, London contact: Chris@OnRec.com More Info
2006 EREC 21-22 June 2006 ExCel London, UK Register	SHRM's 2006 Annual Conference & Exposition June 25-28 Washington, D.C. $1,350 Read more Register
OnRec Expo 2006 12-13 September 2006 Donald E. Stephens Convention Center Chicago Register	2006 Strategic HR Conference October 4-6, 2006 Westin Kierland Resort Phoenix, Arizona
Human Resource Executive's 9th Annual HR Technology® Conference Oct. 4-6, 2006 Navy Pier in Chicago, IL $!095 Register	2006 SHRM Workplace Diversity Conference October 16-18, 2006 Century Plaza Hotel and Spa Los Angeles, California
Hunt Scanlon Advisors present "Defining Leaders" New York city October 18 - 20, 2006 New York Palace	HR.com's Employers of Excellence 2006 October 25 - 27, 2006 Red Rock Resort Las Vegas, Nevada Register

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 







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