Recruiters Network


December 8, 2004  

VOLUME 6 ISSUE 42

  
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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:
Online Job Boards Growing Faster Than Newspaper Classifieds
Employment and Economy Stats
Special Trials and Discounts
Recruiting Polls and Trends
Layoffs and Downsizing Report
Recruiting Essential Bookmarks
Upcoming Conferences
Site Of The Week:
Blackworld.com
Final Note - On The Lighter Side

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Newsletter Sponsors

1. Monster.com - Your perfect employee is searching Monster today.

Reaching the perfect job candidate in your local market has never been easier. Monster is the #1 choice of job seekers in every ranked local market from coast to coast.

Monster helps businesses of any size. Now you can:

- Create and manage postings anytime, 24/7.
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- Use Monster as needed, on your own terms.
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Post a job on Monster now >>

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A Note From The Editor

You think you get spam??!!

Bill Gates receives over FOUR MILLION emails a day. Gates has a department of several employees who screen email and build software to stop the unwanted emails.

Full story at Forbes >>

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Breaking News

Monster Employment Index Rises to All-Time High in November

The Monster Employment Index rose in November to its highest level since its inception, indicating further stepwise growth in online job demand and online job recruitment activity across the United States. The overall Index rose from 114 in October to 117 in November, establishing a new milestone and demonstrating a sharp year-over-year increase compared to November 2003, when the Index stood at just 88. During the month of November, 10 out of the 20 industries tracked by the Index saw slight increases in online job demand.

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
Online Job Boards Growing Faster Than Newspaper Classifieds

The rate of revenue growth in the third quarter for the leading online job boards -- Careerbuilder, Monster and HotJobs -- far exceeded the rate of growth for traditional newspaper classified ads in the recruitment category, according to data released today by Corzen, Inc. (http:// www.corzen.com ). Overall growth for the national job boards was 47.4 percent compared to 15.9 percent for newspaper classifieds during the third quarter, 2004.

"Although the newspapers still generate more revenue in print than the job boards do online, the difference in the growth rates is dramatic," said Bruce Murray, CEO, Corzen. "This is the third consecutive quarter where online revenues have grown faster than print, which all but confirms the view that online classifieds will eventually overtake print classifieds in volume and revenue."

Corzen measures online job postings and revenue for approximately 200 US markets, tracking the trends in advertising spending by employers. In addition to tracking the total number job postings on newspaper and national job board sites, Corzen also tracks the companies using online job boards on a weekly basis.

Trend in Recruitment Revenues: Job Boards and Newspapers ($ Mils.)

Includes Job Posting and Resume Database Revenues

Q1 04 Q2 04 Q3 04

Leading Online Job Board Revenues(1) $177 $195 $217

Percent Change (YoY) 26.9% 39.3% 47.4%

Newspaper Print Recruitment Revenues(2) $968 $1,150 $1,089

Percent Change (YoY) 3.9% 20.2% 15.9%

(1)Includes Careerbuilder, Monster and HotJobs

(2)Newspaper Association of America

About Author

Corzen (http://www.corzen.com ) makes it simple for clients to track external market conditions that affect important categories of revenue and expenses. The company focuses on marketplaces that are undergoing fundamental changes and lack a source of relevant, timely information about market conditions. Corzen is based in New York City. SOURCE Corzen, Inc.

 

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Employment and Economy Stats - New

Current Stats

CPI:
+0.6% in Oct 2004

Unemployment Rate:
5.4% in Nov 2004

Payroll Employment:
+337,000(p) in Oct 2004

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

PPI:
+1.7%(p) in Oct 2004

ECI:
+0.9% in 3rd Qtr of 2004

Productivity:
+1.9% in 3rd Qtr of 2004

U.S. Import Price Index:
+1.5% in Oct 2004

Source: BLS.gov
(p) = projected

Trends

Unemployment Rate
5.4% in Nov 2004
5.5% in Oct 2004
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
+0.9% in 3rd Qtr of 2004
+.9% 2nd Qtr of 2004
+1.1% 1st Qtr of 2004

+0.7% 4th Qtr/2003

Change in Payroll Employment
+337,000(p) in Oct 2004
+96,000 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. EmploymentGuide.com

For exact hiring at your fingertips, visit www.EmploymentGuide.com, offering cost-effective and unique pre-qualified candidate recruiting solutions in nearly 40 industries. Find and hire hourly to mid-management candidates. A division of Trader Publishing Company, EmploymentGuide.com is partnered with HealthCareerWeb.com and The Employment Guide, the nation's largest employment weekly.

2. Recommended Leading Niche Boards - Get Focused, Go Niche.

NicheBoards.com - Gateway to 3 Million Quality Targeted Candidates

Call Center : CallCenterJobs.com
Finance / Accounting :
jobsinthemoney.com
Health / Science :
Jobscience.com
Hispanic / Bilingual :
LatPro.com
Human Resources :
Jobs4HR.com
IT Professionals :
Computerwork.com
Logistics / Transportation :
JobsInLogistics.com
Military Transitioning :
DestinyGroup.com
Retail Management / Hourly :
AllRetailJobs.com
Telecom / Wireless:
TelecomCareers.net
Insurance: GreatInsuranceJobs.com

3. Free Executive Job Market Intelligence Report

Executive Job Market Intelligence 2004 brings you the latest industry information on executive marketplace trends and compensation. This comprehensive report, based on ExecuNet's 12th annual survey of executives and recruiters, details the attitudes, perceptions and practices of executives and the search community.
Download Free >>

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Recruiting Polls and Trends

More than one-third of U.S. workers say they played hooky from work over the last twelve months. Thirty-five percent of workers admit to calling in sick when they felt well at least once during the last year. One-in-ten state they did so three or more times. The top three motivators for faking include attending to personal errands and appointments, catching up on sleep, and simply relaxing. The CareerBuilder.com survey, "Out of the Office," was conducted from August 5 to August 24, 2004. It included more than 1,600 workers, 700 of which were hiring managers.

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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

Recruiter Training

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Upcoming Seminars & Conferences

Feb 26-27 - Extending Your Brand to Employees Conference
March 15 -  ERExpo West
March 17-18 - Talent Management Strategies Conference
March 21-24 - Staffing Industry Executive Forum
March 31-Apr 1 - AESC Annual US Conference
Apr 18-19 - Staff Digest Rendezvous

Complete calendar for upcoming conferences and seminars.

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Site Of The Week

Blackworld.com

Blackworld offers a targeted Career Center and Job database for recruiting African American and Black professionals on the web.

Start posting your job opportunities to Blackworld Career Center by 24 November 2004 and immediately qualify for a continuous 30% discount from our published posting fee, which currently stands at $250.00 for 30 days posting.

Take note of the following Discount ID Code: BWRN101, simply enter this discount code each time you post jobs to Blackworld Career Center and qualify for a 30% discount from whatever is our current published price. Our discount offer is designed to help your company save dollars generously each year! We strongly suggest you post at least one job by the stipulated deadline date, in order to secure our discount offer for the long term.

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Final Note - On The Lighter Side

Business Buzzword Bingo

Want to have fun at your next company meeting. Download the buzzword bingo card. (Caution - do not yell bingo if you fill your card)

View Buzzword Bingo Card >>

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