As we enter a decade of increasing jobs and declining available workers, the job seeker can breath a deep sigh of relief. Not so for Companies and the recruiting industry.

Optimization of recruiting efforts, superior candidate tracking and inventory supply management will characterize successful companies of this decade. John Sumser of interbiznet has been analyzing the recruitment industry on a daily basis for 8 years and understands the elements necessary for success. As he completes his Annual Industry Report, the 2002 Electronic Recruiting Index (http://www.interbiznet.com/press/2002ERI/), he predicts immediate innovations in the arena and describes the future of recruiting.

A list of 20 surprising innovations in 2002 can be found in his article, EOY, in the Electronic Recruiting News. You can view the list online at http://www.interbiznet.com/press/EOY.html or download a PDF file of the article.

Additional articles on pivotal events shaping the recruiting industry's future are available at 2001 Key Events or download a PDF file of the article.

A recent report from the Bureau of Labor & Statistics projects an increase of 22.2 million jobs over the next ten years.

"Total employment is projected to increase by 22.2 million jobs over the 2000-10 period, rising to 167.8 million, according to the latest projections of the Bureau of Labor Statistics. This increase represents about a million more jobs than were added over the previous 10-year period (1990-2000). The projected 15.2-percent increase, however, is less than the 17.1-percent increase of the previous 10-year period.1 Self employed is projected to grow from 11.5 to 11.7 million, or 1.7 percent."
Daniel E. Hecker     (http://www.bls.gov/opub/mlr/2001/11/art4exc.htm)

The Chart above is based on numbers from the BLS. For more information on or copies of this material please call Colleen Gildea at interbiznet (415.380.8244 direct line).

Copies of all materials in a variety of formats can be found at http://www.interbiznet.com/press/.

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415-380-8244

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