Archive for the ‘Statistics’ Category

May 27th, 2010

The Rising Turnover Trend

We’ve been talking for a few months about the potential for widespread employee turnover this year as the economy improves. It looks like that time may be upon us.  The Bureau of Labor Statistics reported that for the first time in 15 months the number of voluntary resignations has surpassed the number of people laid off or dismissed.  The chart below, from the Wall Street Journal’s coverage of the story, demonstrates the significance of this trend in the past year. Read More

December 9th, 2009

What Will You Do Differently in 2010?

We are in the middle of collecting responses for our 20101 recruitment survey.  Looking at the responses that have come in so far, there are some interesting trends that are emerging.   Some I anticipated, but many others that will make for a great discussion when we review the results in a webinar next month.

Some of the enlightening and entertaining information has been coming from the responses to the only opened ended question we included.  We asked the simple question “What is the single most important thing you will do differently in 2010 than you did in 2009?”. Some answered with a word or two like  “make more money” but most provided some detailed insight.

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December 3rd, 2009

Are Your Employees Ready to Leave When the Economy Picks Up?

For over a year, the recession wreaked havoc on the job market.   If you were of working age in America, you either couldn’t find a job, got laid off, or if you were lucky enough to have a job…you knew that luck could run out any day.  The fear of unemployment caused countless employees to cling to their jobs and hang on for dear life, whether they liked their position or not. 

Fast forward to present day.  The economy has finally begun to pick up and Americans can see the light at the end of the tunnel.  For the chosen ones who have withstood layoffs, tight budgets, cut bonuses and dissolving pension plans – is the economic turnaround a green light to cut your losses with your employer and say “I’m outta here”?   

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November 23rd, 2009

Take the 2010 Talent Recruiting Survey

2010 Talent Recruiting SurveyNow that the economy is improving and hiring is picking up in many sectors, many recruiting leaders want to know how recruiting practices are changing in 2010.   With the rise in digital technology and social media, are the preferred recruiting practices changing?  How are HR leaders looking to rebuild their teams?  What are the most important metrics for measuring success? These are some of the questions we are addressing in our new Talent Recruiting Survey.

This brief survey addresses how companies are planning to grow their teams and what tools and practices they’ll be using in the next year.   Click here to take the survey – we kept it short so it won’t take more that 10 minutes of your time.

We’ll summarize the results in an ebook and discuss them in a webinar so you can see how your colleagues are approaching recruiting in the new year.  Just leave your email address and we’ll send you an invite as soon as it is ready.

And if that wasn’t enough reason to take this survey… all participants are eligible to win a new Amazon Kindle. Now wouldn’t that be a nice holiday present for yourself?

Take the 2010 Talent Survey Now

http://www.surveymonkey.com/s/MVTQ5ST

November 9th, 2009

Young Companies are the Engine of Job Creation

Growing a companyI came across a fascinating report on Twitter recently. A new research report from the Kauffman Foundation challenges some of the widely held assumptions about where job growth will come from in a cautiously growing economy.  Since small businesses account for about half of the labor force many believe that they will be the key drivers of job growth, but this report shows that the size of the business has little correlation to its ability to generate jobs… it is all about the age.

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August 12th, 2009

Analysts Predicting a Rapid Labor-Market Rebound

The Wall Street Journal has an article this week discussing why they expect we’ll see a quick rebound in the labor-market.  They claim the severity of this recession caused companies to be “unusually aggressive” in cutting jobs so they’ll have to increase hiring quickly to grow. The article points out several specific reasons why this labor market recovery will be much stronger than what we saw in the last two recessions.

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June 14th, 2009

Bright Outlook for the Clean Economy

The new “Clean Energy Economy” report from Pew has some fantastic information for companies looking to tap into the emerging clean economy.   The report defines the clean economy and provides a framework to track investments, job and business creation, and growth over time. This is said to be the the most precise depiction the clean energy economy in this country.

The report find that clean energy jobs grew 9.1% while traditional jobs grew only 3.7% 1998 and 2007. Looking ahead the  that this sector is emerging as a vital component of America’s new economic landscape.

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June 2nd, 2009

Job Postings Show Big Increase

The Conference Board has reported that online job postings jumped in May. This is the first job opening increase in 6 months and the biggest jump in over two years.  It has been a long time since we’ve seen a chart like this:

conference-board-chart-may-2009

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May 12th, 2009

Digging Deeper into Job Market Data – The JOLTS Rate

Last month we saw the significant differences in the unemployment rate across education levels where the jobless rate of college educated professionals was half the national average.  Now, a new article from BusinessWeek shines a light on the large number of job opening that are going unfilled each month.  The Bureau of Labor Statistics JOLTS (Job Openings & Labor Turnover Survey) states that 3 million jobs, or 2.2% of all jobs in the U.S.,  are open and unfilled.

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April 16th, 2009

Unemployment Rates and Education Levels

With unemployment levels surpassing 8% nationwide, this recession is impacting people in everyone’s neighborhood.  But the severity of the job market isn’t evenly distributed.   In an April 14 NY Times article, Harvard economics professions Edward Glaeser discusses how our current unemployment rates differ based on education levels.

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