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IN THIS ISSUE
Newsletter Sponsors
A Note from the Editor
Breaking News
Today's Recruiting News Headlines
Featured Recruiting Jobs
Recent Recruiting Blog Headlines
Weekly Article:
31% of Hiring
Managers to recruit new employees in Q2.
Employment and
Economy Stats
Special Trials and Discounts
Employment Studies and Trends
Upcoming Conferences
Site Of The Week:
RecruitersDirectory.com
Final Note - On The Lighter Side
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A Note From The Editor
Monster Employment Index
Soars in March, Demonstrating Third Consecutive Month of
Strong Growth in Online Job Demand
The Monster Employment Index
jumped higher in March, continuing a three-month upward
growth trend, as a majority of industries, occupations,
and all nine U.S. Census Bureau regions registered
increased online job availability during the month. The
steady, stepwise expansion in online recruitment
activity during the first quarter suggests continued
employment growth and broad, sustained strength in the
U.S. job market. Much of the growth in online demand
seen in March was due to widened online job availability
for workers in business and professional services.
Complete Story >>
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Useful
Links
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Breaking News
Surveys give mixed
views of hiring climate
Two recent job surveys
by companies in Greater Boston are sending somewhat
mixed signals to this spring's crop of college
graduates.
Monster Worldwide Inc. (Nasdaq: MNST - News), the
Maynard-based online jobs company, said 72 percent of
employers plan to hire 2006 graduates this spring or
summer, up from last year's 64 percent. Also, 37
percent of companies expect to recruit more
entry-level candidates than they did in 2005, Monster
states.
But Experience Inc., a Boston provider of career
services geared toward universities, said 20 percent
of the Class of 2006 received full-time job offers,
down 5 percent from last year. Of those who have been
offered full-time jobs, 52 percent received two or
more.
Full Story >>
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Today's Recruiting News Headlines
View more HR/employment
news
headlines at our Recruiting
Newswire.
Please send us your press releases.
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 The Recruiting News.
Register
to post >>
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Recent Recruiting Blog Headlines
Jim
Stroud 2.0 - I recruit, therefore I am - PODCAST - Brian
Toland rants on Executive Recruiting - BlogCharm
Brian Toland has been in Executive Recruiting for
thirteen years and recruited top technology
professionals while at Battalia...
4/11/2006 6:18:03 PM [Jim Stroud 2.0 - I recruit,
therefore I am.]
VIDEO: Is this the greatest recruitment video ever made?
Big ups to Shally for hipping me to this video clip that
is making the rounds on the internet. I think it is a
great recruitment video, even though it...
4/12/2006 8:41:22 AM [Jim Stroud 2.0 - I recruit,
therefore I am.]
All
Recruiting/HR Blog Headlines >>
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Weekly Article
THIRTY-ONE PERCENT OF
HIRING MANAGERS TO RECRUIT NEW EMPLOYEES IN THE SECOND
QUARTER, CAREERBUILDER.COM SURVEY FINDS
CareerBuilder.com, the nation’s largest online job site
with more than 20 million unique visitors and over 1
million jobs, released the results of its survey
tracking projected hiring and job search activities for
the second quarter. The survey was conducted from
February 21 to March 6, 2006 of more than 2,500 workers,
including 1,000-plus hiring managers primarily operating
in services industries.
HIRING HIGHLIGHTS
"Job gains have been broad-based across most major job
sectors,” said Matt Ferguson, CEO of CareerBuilder.com.
"Following a pattern of durable job growth, hiring
managers are confident that the second quarter will
bring new employment opportunities. Expansion, product
launches and more competitive sales and customer service
initiatives are fueling demand for new employees over
the next three months. Thirty-one percent of hiring
managers expect to increase their staffs in the second
quarter while 12 percent plan to decrease them.”
A mount
of Workers Being Hired
Fourteen percent of hiring managers anticipate adding
more than 50 employees in the second quarter. Sixteen
percent of hiring managers plan to recruit 11 to 50
employees while 42 percent expect to recruit 10 or less.
One-third of hiring managers plan to do the majority of
their hiring for the year in the second quarter.
Hiring Cycle
One-third of hiring managers report difficulty in
finding candidates who meet their job requirements, up
from 25 percent in the first quarter. One-in-four hiring
managers report it takes them more than two months to
fill open positions and nearly half say it takes them
one month or more.
Most Popular Positions for Recruitment
The leading areas for job requisitions in the upcoming
quarter include healthcare, sales, information
technology, retail and accounting/finance. Demand for
professional and technical workers will be strong with
one-third of hiring managers targeting this job level.
In addition, one-in-ten hiring managers expect to
recruit managers, directors and senior executives while
nearly one-in-five will add administrative and clerical
staff.
Regional Hiring
The Midwest and South are leading the regions in
recruitment plans for the second quarter. Thirty-four
percent of hiring managers in the Midwest expect to
increase staff levels, while 11 percent plan to decrease
them. Thirty-three percent of hiring managers in the
South expect to increase staff levels, while 9 percent
plan to decrease them.
The Northeast continues to trail behind the other
regions with 29 percent of hiring managers planning to
increase headcount and 15 percent planning to downsize
staffs. The West saw a dip from the previous quarter
with 30 percent of hiring managers expecting to recruit
new employees and 13 percent planning staff cuts.
JOB CHANGES AND SATISFACTION HIGHLIGHTS
One-in-five workers report dissatisfaction with their
current positions and one-in-ten plan to change jobs in
the next three months.
Job Changes by Region
The West continues to lead the regions in plans to
change jobs. Thirteen percent of workers in the West are
planning to leave their current positions within the
next three months, compared to 11 percent in the South
and Midwest and 9 percent in the Northeast.
Job Changes by Select Industries and Job Functions
Hospitality workers report the highest incidence of
plans to change jobs in the second quarter with 16
percent expecting to leave their current positions.
Following closely behind are retail workers at 14
percent, IT workers at 13 percent, and both sales and
accounting/finance workers at 12 percent. Once again,
healthcare and government workers are the least likely
to leave their jobs with 10 percent of healthcare
workers and 7 percent of government workers planning
exit strategies from their employers.
Survey Methodology
The new CareerBuilder.com survey, "Q2 2006 Job
Forecast," was conducted from February 21 to March 6,
2006. Methodology used to collect survey responses
totaling more than 2,500 workers for this study involved
selecting a random sample of comScore Networks panel
members. These Web Panel members were approached via an
e-mail invitation, which asked them to participate in a
short online survey. The results of this survey are
statistically accurate to within +/- 1.96 percentage
points (19 times out of 20). Note: the sample of 2,500+
included over 1,000 hiring managers. The results for the
hiring managers alone are accurate within +/- 3.09
percentage points (19 times out of 20).
About Author
CareerBuilder.com is the nation’s largest online job
site with more than 20 million unique visitors and over
1 million jobs. Owned by Gannett Co., Inc. (NYSE:GCI),
Tribune Company (NYSE:TRB), and Knight Ridder, Inc. (NYSE:KRI),
the company offers a vast online and print network to
help job seekers connect with employers.
CareerBuilder.com powers the career centers for more
than 800 partners that reach national, local, industry
and niche audiences. These include more than 170
newspapers and leading portals such as America Online
and MSN. The nation's top employers take advantage of
CareerBuilder.com's easy job postings, 15 million-plus
resumes, Diversity Channel and more. Millions of job
seekers visit the site every month to search for
opportunities by industry, location, company and job
type, sign up for automatic email job alerts, and get
advice on job hunting and career management. For more
information about CareerBuilder.com products and
services, visit
http://www.careerbuilder.com.
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Employment and Economy Stats
|
Current Stats
Unemployment Rate:
4.7% in Mar 2006
Payroll Employment:
+211,000(p) in Mar 2006
Average Hourly Earnings:
+$0.03(p) in Mar 2006
CPI:
+0.1% in Feb 2006
ECI:
+0.8% in 4th Qtr of 2005
Productivity:
-0.5% in 4th Qtr of 2005
Source:
BLS.gov
(p) = projected |
Trends Unemployment Rate
4.7% in Mar 2006
4.8% in Feb 2006
4.7% in Jan 2006
4.9% in Dec 2005
5.0% in Nov 2005
Employment Cost Index
+0.8% in 4th Qtr of 2005
+0.8% in 3rd Qtr of 2005
+0.7% in 2nd Qtr of 2005
+0.7% in 1st Qtr of 2005
Change in Payroll Employment
+211,000 in Mar 2006
+243,000 in Feb 2006
+193,000 in Jan 2006
+108,000 in Dec 2005
Source:
BLS.gov |
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Employment Studies
and Trends
CEO Confidence Edges Up, The Conference Board Reports
CEOs’ assessment of current business conditions
improved, but they are less optimistic about the next
six months.
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Upcoming Seminars &
Conferences
May 10 -
Kennedy Information's Recruiting 2006 Conference and Expo
May 30 -
Annual National Meeting and Exhibition for Recruiters
June 21 -
EREC 2006
Oct 4 -
Human Resource Executive®’s 9th Annual HR Technology® Conference & Expo
Complete calendar for upcoming
conferences and
seminars.
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Site of the Week
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Final Note - On The
Lighter Side
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