The Recruiting News
New interbiznet Bookclub
interbiznet
Find out more
Got a news tip?
Articles |
Home | ERN | Bugler | The Blogs | Blogroll | Advertise | Archives | Careers
Local Unemployment (March 10, 2003) -- It's far more important to understand the unemployment rate in your local neighborhood than it is to have a grasp of the National statistics. The Bureau of Labor Statistics offers easy to understand data at the state and metropolitan level. An astonishing 1/3 of all American Metropolitan areas have unemployment rates at or below 4%. Almost half (45%) of states have unemployment rates at or below 5%.
In other words, hiring is not easy in much of the country. The current unemployment crisis is localized. What matters is never the overall surplus of labor (the thing unemployment rates attempt to measure). Rather, staffing and hiring of a particular enterprise is directly related to the availability of the specific kinds of workers in the specific geography. As the population ages, the desire and ability to relocate are in decline. The best way to understand whether or not you can solve a problem through a relocation program is by focusing on geographies that have a surplus in the professions you need. For any sustained labor force management program to really work, you have to treat local unemployment data in the same way that we are discussing the national info. What really matters is the labor surplus or shortage within a normal commute of your offices. What are you up against?
From managing your applicants inside its talent management system, to powering all sorts of career sites, Hodes iQ will make a huge impact on your work.
To see if Hodes iQ's real recruiting and real answers in real time can help you, try these links:
HR.com names Hodes iQPost #1
Take a quick view of Hodes iQ
See what we've done for health care clients
Request a demo
Home | ERN | Bugler | The Blogs | Blogroll | Advertise | Archives | Careers Copyright © 2013 interbiznet. All rights reserved.
|
Electronic Recruiting News
FEATURES:
RESOURCES:
ADVERTISING: RESOURCES:
RECENT ARTICLES:
Stocks We Watch:
|