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It is better
to not be on
the web than
to be on and
not know why

John Sumser

Reality
is more
complex
than
it seems.
John Gall


It's better to
do a few things
really well than
than to do
a lot of things
badly.
If you can't
make the necessary
commitments of
time and energy
to your
electronic
marketing
efforts
scale back
your plan.
John Sumser





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    Who Is Unemployed?


    (March 14, 2002) - The Department of Labor's monthly Employment Report for February 2002 shows that the unemployment rate for college educated workers was 2.9%. During the 'horrible' downturn, the rate spiked at 3.1% for this beleaguered group during December. Accounting for slightly less than 30% of the workforce, this group thrived during the downturn. Raises may have slowed a bit but these workers remained the scarcest commodity available.

    These are the people who have some chance at answering the question "What do I want to be when I grow up?" or, more succinctly, "What is my profession?". This is the land of salaries, knowledge work, managerial opportunity, software development, professional practice and so on. Solidly 33% of college graduates have a clear answer to the vocational question. That's about 10% of the workforce.

    But, when you go to visit an online database of jobs, what do they want to know? Keywords related to the job desired, of course. The approach neglects the fact that 90% of the workforce doesn't think about it this way. Given the fact that the average weekly earnings of an American worker are $497.65 (That's right, under $26K per year), the real job search that interests most people is probably something like "What can I do that will make better than $15/hour in my zip code?"

    None of the keyword searches will get you that.

    We think that this simple look identifies three key issues facing our industry and its customers:

    1. All of the college educated workers are taken. Anticipate wage inflation as employers lulled into a sense of false security try to compete for white collar workers who simply aren't there.

    2. Job Boards are going to have to invest, big time, in methods that allow non-white collar job hunters to find the best opportunity (defined as highest paying). Current methods simply don't allow this to happen.

    3. Increasingly, Job Boards will be required to help employers identify the "closest fit". When placing non-college educated workers in white collar jobs, the key will be a clear understanding of the required investment in training and remedial education. Closest fit is not a "cultural attribute", it's a question of demonstrable skills.

    Interestingly, one of the few advantages that newspapers currently have is their ability to cram a lot of jobs into a single viewing space. Since they are, more or less, all the same in what's left of the newspapers' business, the fact that titles are relatively meaningless works in their favor. It, of course, is a short term advantage.

    Over the years, we've aggressively suggested that our industry needs to invest in real research and development. If you read this note closely, you'll see the first couple of projects.

     -John Sumser

    ****************************************************************

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    Copyright © 2013 interbiznet. All rights reserved.
    Materials written by John Sumser © TwoColorHat. All Rights Reserved.
    Mill Valley, CA 94941
    415.377.2255
    Send comments to colleen@interbiznet.com

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         Materials written
         by John Sumser
         © TwoColorHat.
         All Rights Reserved.