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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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A Note From The Editor
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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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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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