Recruiters Network


October 13, 2004  

VOLUME 6 ISSUE 36

  
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RECRUITING NEWS

To read the newsletter online - visit www.recruitingnews.com.

Recruiting News is a free electronic newsletter published by Recruiters Network. Recruiters Network is the Association for Internet Recruiting. It is a free organization for HR Professionals and Recruiters.

In addition to our newsletter, we offer a free resource center to enhance recruiting success. Visit us at www.recruitersnetwork.com

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IN THIS ISSUE
Newsletter Sponsors
A Note from the Editor
Breaking News
Today's Recruiting News Headlines
Featured Recruiting Jobs
Weekly Article:
Monster Employment Index Shows Rise in Online Job Demand in September
Employment and Economy Stats - New
Special Trials and Discounts
Recruiting Polls and Trends
Layoffs and Downsizing Report
Recruiting Essential Bookmarks
Upcoming Conferences
Site Of The Week:
LatPro.com
Final Note - On The Lighter Side

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Newsletter Sponsors

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A Note From The Editor

Coming soon...a new reality show with an employment twist.

BIG FAT OBNOXIOUS BOSS: On FOX

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Breaking News

THE EMPLOYMENT SITUATION: SEPTEMBER 2004

Nonfarm payroll employment continued to trend upward in September, increasing by 96,000, and the unemployment rate was unchanged at 5.4 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Over the prior 3 months, payroll employment rose by 103,000 on average. In September, modest job gains occurred in a few service-providing industries.

Complete Report >>

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Today's Recruiting News Headlines
View HR/employment news headlines or our Recruiting Newswire.

Please send us with your press releases, news items, personnel changes, etc. Click here for submission instructions.

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Featured Recruiting Jobs

This section highlights several recruiting related positions recently posted on Recruiting Jobs. To view all jobs or to register for a career agent click here.

Looking to hire recruiting professionals?  Post a 60 day job posting ad on RecruitingJobs.com for $225 and be featured in Recruiting News.
Register to post >>

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Weekly Article
Monster Employment Index Shows Rise in Online Job Demand in September

By Monster

  • Index Maintains Upward Growth Trend in Online Job Availability, Reaching Highest Level Ever
  • Finance & Insurance Registers Eight Consecutive Months of Growth
  • Retail Trade is Among Industries Showing Greatest Increase in Online Job Availability
  • 17 of 23 Occupational Categories Up Over Last Month

Demand for workers and related online job recruitment activity across the United States rose in September, as the Monster Employment Index reached its highest level since its inception. Following a sharp increase in August, the Index continued to climb upward in September, showing broad growth in online job availability across the United States. Overall, the Index rose to 151 in September from 145 in August. Results for the first nine months of 2004 are as follows:

 Sept.  Aug.   Jul.   Jun.   May   Apr.  Mar.   Feb.  Jan.
-----------------------------------------------------------
  151   145    134    136    128   125   109   107   102
-----------------------------------------------------------

During the month of September, more than one-third of the 20 industries tracked by the Index showed increases in online job demand. Six industries decreased slightly during the month, while others saw more significant declines. Industries that saw online job availability increase in September included finance & insurance; retail trade; mining; educational services; and arts, entertainment & recreation. Finance & insurance registered its eighth consecutive month of growth, joining arts, entertainment & recreation and mining in reaching their highest levels since the inception of the Index in October 2003.

Industries registering slight declines in September, but maintaining their second-highest levels for the year, included transportation & warehousing; information; manufacturing; wholesale trade; professional, scientific & technical services; and accommodation & food services. Construction and healthcare & social assistance also declined but maintained their third-highest levels since inception of the Index. More significant declines occurred in public administration; utilities; and agriculture, forestry, fishing & hunting.

Online demand for workers grew across most occupational categories in September, with 17 of 23 categories registering increases over the previous month. Occupations showing the most significant increases in September included business & financial operations; management; computer & mathematical; office & administrative support; production; community & social services; and installation, maintenance & repair.

The computer & mathematical occupations category, which captures the greatest number of IT-related positions, continued an upward trend and reached its highest level. Business & financial operations registered its ninth consecutive month of growth, while production continued an eight-month growth trend. Demand for sales occupations increased for the third consecutive month, continuing a generally upward trend throughout 2004. Installation, maintenance & repair and transportation & material moving also registered sharp increases during the month.

At the same time, the education & training occupations category registered a sharp decrease in online demand during the month, while the legal occupations category dipped a few points.

"The Monster Employment Index continues to demonstrate solid upward momentum for the year, providing further evidence of sustained improvements in the overall U.S. employment picture," said Jeff Taylor, Founder and Chief Monster. "September marks the second consecutive month that all nine U.S. regions registered increases in online job demand, a promising sign that job recovery is beginning to take root across the entire country."

"Most industries either increased or maintained their second-highest levels, and once again we saw continued growth in online job demand for sales positions, which is usually indicative of companies seeking to expand. People who are out there looking for a job or seeking further signs of an improving labor market should generally be encouraged by these findings," continued Taylor.

Online Job Demand Increases across the U.S. in September

Online job demand for workers increased in all nine U.S. Census Bureau regions in September, with every region achieving its highest level since October 2003. For the second consecutive month, the Mountain region, which includes Arizona, Colorado, Idaho, Nevada, New Mexico, Utah and Wyoming, saw the greatest increase in job availability, driven by Colorado, Utah and Arizona. The West South Central region (Oklahoma, Texas, Arkansas, and Louisiana) registered the second largest increase while the West North Central region (Minnesota, Iowa, Kansas, Nebraska, Missouri, and the Dakotas) recorded its ninth consecutive month of growth. The East South Central and South Atlantic regions registered the smallest increases.

41 of the 50 U.S. states showed an increase in online job demand in September, with Rhode Island and Colorado registering the biggest gains and achieving their highest levels since the Index's inception. Nine states declined during the month with Vermont, Alaska and New Hampshire experiencing the sharpest declines. Despite an active hurricane season, Florida still saw a slight increase for the month and made the Index's monthly top ten states list (see below) for overall job availability. The tri-state area of New York, New Jersey and Connecticut also continued a steady upward trend of growth for the year.

Complete Report >>


About the Author

Founded in 1967, Monster Worldwide, Inc. is the parent company of Monster®, the leading global online careers property. The company also owns TMP Worldwide, the world's largest Yellow Pages advertising agency and one of the world's largest Recruitment Advertising agency networks. TMP Worldwide is also a provider of direct marketing services. Headquartered in New York with approximately 5,000 employees in 26 countries, Monster Worldwide is a member of the S&P 500 Index. More information about Monster Worldwide is available at www.monsterworldwide.com.

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Employment and Economy Stats - New

Current Stats

CPI:
+0.1% in Aug 2004

Unemployment Rate:
5.4% in Sept 2004

Payroll Employment:
+96,000(p) in Sept 2004

Average Hourly Earnings:
+$0.05(p) in Aug 2004

PPI:
-0.1%(p) in Aug 2004

ECI:
+0.9% in 2nd Qtr of 2004

Productivity:
+2.9% in 2nd Qtr of 2004

U.S. Import Price Index:
+1.7% in Aug 2004

Source: BLS.gov
(p) = projected

Trends

Unemployment Rate
5.4% Sept 2004
5.4% Aug 2004
5.5% July 2004
5.6% Jun 2004
5.6% May 2004
5.6% Apr 2004
5.7% Mar 2004
5.6% Feb 2004
5.6% Jan 2004

Employment Cost Index
+.9% 2nd Qtr of 2004
+1.1% 1st Qtr of 2004

+0.7% 4th Qtr/2003

Change in Payroll Employment
+96,000(p) in Sept 2004
+144,000 Aug 2004
+32,000 July 2004

+112,000 June 2004
+235,000 May 2004

+324,000 Apr 2004
+353,000 Mar 2004
+83,000 Feb 2004
+159,000 Jan 2004

Source: BLS.gov

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Special Trials And Discounts

Below is a partial list of trials and discounts that companies have extended to our readers. Click here for full list. If your company is interested in offering a promotion/discount, please contact us.

1. Free Executive Job Market Intelligence Report

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Hispanic / Bilingual :
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Human Resources :
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IT Professionals :
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Logistics / Transportation :
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Military Transitioning :
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Recruiting Polls and Trends

LatPro Survey Reveals More Hispanic Professionals Turning to Internet for Job Searches

According to the results of a survey by LatPro.com and the National Society of Hispanic Professionals (NSHP), Hispanic professionals are increasingly using the Internet as a basic tool when looking for a job. The survey reveals that 84% of the nearly 100 polled people now have their resume online and 64% have continuously updated their resume.

Full Report >>

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Layoffs and Downsizing Report

Recruiters Network has added a layoff and downsizing report section to its newsletter. This section can be a great leads source for candidates. More information on how to use this section >>.

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Recruiting Essential Bookmarks

Add jobs to your site

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Other Useful Links

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Upcoming Seminars & Conferences

Oct 20-23 Staffing World 2004
Nov 3-5 NACCB Annual Conference & Trade Show
Nov 17 Recruiting in Cyberspace
Nov 18-19 Recruiting 2004 Conference & Expo

Complete calendar for upcoming conferences and seminars.

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Site Of The Week

LatPro.com

LatPro.com is the most visited job board dedicated to Hispanic and bilingual professionals (English/Spanish/Portuguese). Used by 89 of the Fortune 100, LatPro connects businesses with candidates who offer strong resumes and strong multicultural skills.

LatPro's enduring commitment to the Hispanic professional community and its exclusive network of partners has made LatPro both the largest Hispanic employment website and the nation's largest diversity employment site.


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Final Note - On The Lighter Side

Did you ever notice the people who complain the most about not having enough time to do all their work are the same ones who always stop & tell everyone that they don't have enough time to do all their work.

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