
The Bad News, Good News about the job market for at least the next six months was reported on recently by Workforce Management. In an article on February 5th, the editor Gary Krantz stated:
Bad News
"Some major employers are considering layoffs this year, further fueling fears that the U.S. economy is sliding into recession. According to CareerProtection.com, a company that helps employees negotiate severance deals or retirement packages, job cuts by major corporations will accelerate in 2008. The firm surveyed 1300 employers and is predicting that layoffs will be up 37% versus last year, and the most in the past five years. The New York-based firm says it “has been inundated this month with telephone calls from employees at Bear Stearns, Chrysler, Citigroup, Covidien Healthcare, Ford, GM, Indy Mac and Sprint Nextel, [which] have announced plans for reductions-in-force in January."
Good News
"Meanwhile, small-business owners are poised to add jobs. According to the Alternative Board, a Westminster, Colorado-based firm that provides advisory services, about 57 percent of the nation’s small businesses plan to hire more people in 2008. Less than 4 percent expect to downsize. Small firms also expect big things in 2008: Nearly 73 percent envision greater profitability, and 61 percent will increase their capital spending."
"It’s too early to tell whether December’s unemployment figure represents the onset of a recession, says Mark Mehler, principal at CareerXroads, a recruiting consultancy in Kendall Park, New Jersey.
“I haven’t seen a drop in the demand for corporate recruiters,” he notes. “That bodes well because it is one of the key signs to watch for in a weakening economy.”
Newsletter note: If you have a success story to share, send an email! And thanks!
There's a little confusion about posting resumes on job boards among job seekers that you can address in your contacts.
Some job seekers are being told by placement recruiters: "Don't post your resume on the job boards- you will reduce your value by actively looking, employers are really looking for people who are passive job seekers, etc.."
This is information designed to help placement recruiters, not job seekers. The problem that placement people are experiencing is:
Many employers have adopted a policy of not paying twice for the same candidate, believing that their fees paid for resume database access is sufficient and they do not have a further obligation. The placement recruiter is eligible for a fee among the many employers who do not pay fees for access to the resume databases of job boards. So your advice to job seekers should be:
We support the following resources in service to job seekers:
Have a success story or best ideas for job search to share? Send an email to leader@workministry.com.
Reminder:
Workministry.com has a growing list of job posts as well as continual improvement in resources for JSG Leaders and job seekers. Please make a
point of asking your group members to check the site, review the job posts and respond or send along to a friend, relative or former group
member.
Editor’s Note:
The Job Support Group Leader newsletter and message board are all about you. Our goal is to create a forum for
sharing information that helps you fulfill your mission. If you have feedback, ideas or suggestions for either the newsletter or the message
board, please send email to: leader@workministry.com.
home | about us | in the news | job support groups | career sites | resources & links | more links
spirituality | vision & mission statement | FAQ’s | advertise | contact us | privacy
©2008 Work Ministry. All Rights Reserved
design by www.websiterevamp.org