Feb 02, 2010
Job Growth Predicted for First Quarter of 2010
Posted by: Peter Marinilli, CPC, CSP
Posted by: Peter Marinilli, CPC, CSP
When your job involves helping other people find a job, it's important to be aware of and ahead of economic changes and their impact on hiring practices. And after a rough year, for everyone, I'm happy to report that things are looking up.
Employment Rates Slowly Bouncing Back
Since the 2000 technology boom, employment has fallen 19.1%. But AdAge.com recently reported that last October saw a gain of 2,200 jobs in advertising and marketing, the first positive month in a year. And media jobs rose, albeit slightly, in September and October, the first back-to-back monthly gains since 2006.
While advertising and marketing hiring increased in October, it dipped again in November. However, there may be a light at the end of the tunnel-- employment is down nearly 10% from its all-time high in 2007.
USA Today Predicts Upswing in Early 2010
Staffing and hiring needs--along with the economy--may not be what we would call "stable" just yet, but they are on the upswing. And Ad Age has some predictions for the coming months that paint a better picture than many are used to.
Job Seekers Need to Be Ready to Be Hired
What's that mean for job seekers? Keep at it! You want to be ahead of the curve when hiring really picks up. Don't give up now; keep your resume fresh update your LinkedIn profile and get networking now. And if you have a job but have been considering looking for greener pastures, this should ease up on the pressure to stay where you are, just because it's safe.
If you're in recruiting, now is also a good time to step up your marketing efforts and start reaching new prospects. And with more jobs on the horizon, everyone, whether happily employed, looking for a job, or helping others find jobs, can benefit from reconnecting with old contacts.
Employment Rates Slowly Bouncing Back
Since the 2000 technology boom, employment has fallen 19.1%. But AdAge.com recently reported that last October saw a gain of 2,200 jobs in advertising and marketing, the first positive month in a year. And media jobs rose, albeit slightly, in September and October, the first back-to-back monthly gains since 2006.While advertising and marketing hiring increased in October, it dipped again in November. However, there may be a light at the end of the tunnel-- employment is down nearly 10% from its all-time high in 2007.
USA Today Predicts Upswing in Early 2010
Staffing and hiring needs--along with the economy--may not be what we would call "stable" just yet, but they are on the upswing. And Ad Age has some predictions for the coming months that paint a better picture than many are used to. "The nation's unemployment rate reached 10.2% in October -- the highest since 1983 -- but eased back to 10.0% in November. While the jobless rate may bounce around in coming months, it likely will stay below the post-World War II peak (10.8%) hit in 1982. Economists predict monthly U.S. job growth starting in the first quarter of 2010."
Job Seekers Need to Be Ready to Be Hired
What's that mean for job seekers? Keep at it! You want to be ahead of the curve when hiring really picks up. Don't give up now; keep your resume fresh update your LinkedIn profile and get networking now. And if you have a job but have been considering looking for greener pastures, this should ease up on the pressure to stay where you are, just because it's safe.If you're in recruiting, now is also a good time to step up your marketing efforts and start reaching new prospects. And with more jobs on the horizon, everyone, whether happily employed, looking for a job, or helping others find jobs, can benefit from reconnecting with old contacts.
Add Comment (0)
