May 17, 2006  

VOLUME 8 ISSUE 12

  
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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
Recent Recruiting Blog Headlines
Weekly Article:
More Jobs, More Hiring Challenges
Employment and Economy Stats
Special Trials and Discounts
Employment Studies and Trends
Upcoming Conferences
Site Of The Week:
Learn how to Recruit Smarter >>
Final Note - On The Lighter Side

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Newsletter Sponsors

1. Hire top talent with Yahoo! HotJobs

  • Unmatched, local reach
  • Award winning ease of use
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Post a Job Now!

2. RecruitingJobs.com

Look for a recruiting job or need to hire recruiters? Search and post at RecruitingJobs.com.

March Special - Buy One Job Posting Get One Free. (60 day ad is $225) Mention the promotion when registering.

Visit http://www.RecruitingJobs.com

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A Note From The Editor

Register Your .jobs Domain Name
You’ve heard of .com, .net, .info and .edu – now there’s a new space on the internet exclusively for human resource professionals! The new name for job seekers is .jobs. Register www.yourcompany.jobs >>

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Useful Links

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Breaking News

America’s Job Bank Gets Laid Off
The U.S. Labor Department plans to close America’s Job Bank—the national online job board—in a little more than a year, a move that could hurt employers and job seekers.

The Labor Department sent notices to state officials earlier this year saying "the benefits of AJB (America’s Job Bank) no longer outweigh the costs of operating and maintaining this system. Therefore, AJB will be phased out during the next 18 months and cease to be operational on June 30, 2007."

Complete 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

RECRUITING TERROR: American Teenagers want to overthrow America?
In case you thought Google's Orkut had the monopoly on Osama Bin Laden fan clubs, along comes My Space. It seems that terrorists may have a softer,...
5/17/2006 2:16:32 PM [Jim Stroud 2.0 - I recruit, therefore I am.]

Shally Steckerl And Rob McIntosh Share Some Sourcing Secrets
Many months ago, Shally Steckerl let me know he was working on some top secret article that he was going to want for me to get onto Recruiting.com....
5/16/2006 3:03:42 PM [Recruiting.com]

All Recruiting/HR Blog Headlines >>

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Weekly Article
More Jobs, More Hiring Challenges

Forecasts suggest the US economy will slide somewhat this year because of higher fuel costs, housing slowdowns, and higher interest rates. These factors will probably “cost” a half percent in consumer spending growth, a significant impact on the economy. Job growth will continue, however.

Over the past five years, manufacturers, and distributors have engineered strong productivity growth. Employers in retail and service industries have improved their situations with technology and online sales and marketing. To meet growing demands for goods and services, employers must hire more qualified workers or risk losing business, profits, and market position.

E
stimates project the employment market in the United States to expand by about two million jobs in 2006. Job growth is on-track, creating serious problems for employers. Recruiters are already very busy trying to fill current vacancies. As the labor market tightens with new job growth, their work will become more difficult. According to the Bureau of Labor Statistics, in the information technology field alone, between December 2005 and January 2006 alone there was a 16.7 percent increase in the rate job openings,. As we continue through the year, this pattern will be seen across occupational lines. Normally during the December to January period we can expect to see about a five percent increase.

While many people today are unemployed or underemployed, employers still face hiring challenges. Unfortunately, too many of the people looking for jobs are not qualified to fill the vacant jobs. A substantial amount of re-training is necessary---a critical need that will be addressed by community colleges, trade schools, and corporate training programs. As workers are trained belatedly, the employment market will experience a classic case of “too little, too late”.

If workers were more aware of market conditions, they would enroll in education and training courses to build their qualifications for current and emerging job openings. Some workers will be unable to benefit from these courses because they cannot afford them or because they lack the academic strength to learn the course material. Corporations will avoid investing in employee training until they are forced…by the lack of trained people.

About Author

© Copyright 1998-2006 by The Herman Group, Inc. --reproduction for publication is encouraged, with the following attribution: From "The Herman Trend Alert," by Roger Herman and Joyce Gioia, Strategic Business Futurists. (800) 227-3566 or http://www.hermangroup.com. The Herman Trend Alert is a trademark of The Herman Group, Inc."

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Employment and Economy Stats

Current Stats

Unemployment Rate:
4.7% in Apr 2006

Payroll Employment:
+138,000 in Apr 2006

Average Hourly Earnings:
+$0.09 in Apr 2006

CPI:
+0.4% in Mar 2006

ECI:
+0.6% in 1st Qtr of 2006

Productivity:
+3.2% in 1st Qtr of 2006

Source: BLS.gov
(p) = projected

Trends

Unemployment Rate
4.7% in Apr 2006
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
+138,000 in Apr 2006
+211,000 in Mar 2006
+243,000 in Feb 2006
+193,000 in Jan 2006

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. Register Your .jobs Domain Name
You’ve heard of .com, .net, .info and .edu – now there’s a new space on the internet exclusively for human resource professionals! The new name for job seekers is .jobs. Register www.yourcompany.jobs >>

2. Internal Corporate Phone Directories - 10% off

If you use corporate phone directories to find suitable candidates, this unique service may be of interest. Corporate Contacts has directories of many companies which list name, direct phone number, title and often email addresses. They have directories for many industries, like pharmaceutical, Big 5 CPA/Consulting, etc. Mention Recruiters Network to receive a 10% discount. Contact Stan @ (301) 587-1819. These directories are a great way to recruit from companies in your industry.

3. Talent Hook - Free Demo
A very powerful resume searching tool that searches resumes from paid and free resumes databases, newsgroups, universities and online communities. Also can flip search and Xray companies, ISP's, Organizations and more.

Free Demo >>

4. elance.com - Post projects and contractor positions free.

Looking for a freelancer or contractor. Post your project free! Everything from business services, web design, programming and more! Click for more info on elance.com.

5. NicheBoards.com - Gateway to 3 Million Quality Targeted Candidates Recommended Leading Niche Boards - Get Focused, Go Niche.

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

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Employment Studies and Trends

The Conference Board Help-Wanted Advertising Index Dips One Point

The Conference Board Help-Wanted Advertising Index - a key measure of job offerings in major newspapers across America - dipped one point in March. The Index now stands at 38. It was 39 one year ago.

Full Story >>

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Upcoming Seminars & Conferences

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

Learn how to Recruit Smarter >>

The Recruiter's Guide to Online Job Marketing is an invaluable resource in your search for qualified candidates. The Free Guide provides critical insights into motivating the most qualified candidates to respond to your job postings.

  • Recruit Smarter--Prepare compelling job descriptions to target qualified candidates
  • Save Time--Increase the quality of resumes you receive

Download your copy today!

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Final Note - On The Lighter Side

Have a great week!

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