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A Note From The Editor
Cheezhead Vs Jobster
Cheezhead, a recruiting blog, has been documenting the recent Jobster.com PR disaster. It is rather interesting reading.
Complete Story >>
Breaking News
John Sumser the New Editor of Recruiting.com
Jobster, Inc. announced John Sumser was named executive editor at Recruiting.com -- the leading user-generated recruiting content site on the web. Recruiting.com was acquired by Jobster in 2006. Sumser, who takes over for departing founder/editor Jason Davis, has already assumed some of the executive editors duties and will be working closely with Davis to transition all duties over the next three weeks.
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Recruiting Blog Headlines
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Goldberg Versus Cheesman
UPDATE**: Boy am I ever redfaced. Jason Goldberg e-mailed me to let me know that of course he checked with David Manaster before posting his...
4/17/2007 9:15:39 AM [StlRecruiting]
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Quick recruiter/headhunter and HR training category portal [Digg]
Recruiter training options are now gathered at one site - future innovative seminars will be posted from all across the board so time-pressed...
4/16/2007 11:49:40 AM [Jim Stroud 2.0]
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Weekly Article
Teen Unemployment---A Future Problem for Employers
Between 2004 and 2007, teen unemployment in the United States has hit record levels. These historic highs present a significant challenge for forward-thinking employers. We suspect that this problem is global in scope.
This joblessness among teens is a real problem for employers affected by the tightening labor market. Ken Smith, president and CEO of Jobs for America's Graduates, an Alexandria, Virginia.-based non-profit that helps more than 40,000 youth each year transition from school to work, knows this problem well. He said, "The economy is humming along, and employers are almost desperate for people they can hire and train. Contrast that with the lowest teen market penetration in 50 years
The connection point is not being made." This situation presents a critical workforce challenge for future-focused employers and communities.
According to data from the US Bureau of Labor Statistics, 37 percent of teens nationwide worked in the summer of 2006---thats down nearly 11 percent from 1999, the crest of the US economic boom.
Certainly, the recession of 2001 took its toll on the teens ability to get jobs, but when the economy became robust again, teen employment did not recover as expected. Instead, teen employment has continued to plummet. For summer 2006, according to the US Bureau of Labor Statistics, teens had an unemployment rate of 16.5 percent--four times higher than that of adults during the same period.
The two major groups replacing US teens are immigrants and seniors. Immigrants are often willing to accept the less pleasant jobs that some teens had been willing to take on; seniors have a well-deserved reputation for being more stable, reliable, and responsible than young people, many of whom have never held long-term employment. Frequently, the older workers need the money to supplement their fixed incomes; the teenagers are looking to supplement their, often generous, allowances.
Employers who want to assure themselves of an available pipeline of qualified workers must begin now to offer internships and sponsor worthwhile organizations like FIRST (For Inspiration and Recognition of Science and Technology). For more information, see our Herman Trend Alert on FIRST.
About Author
© Copyright 1998-2007 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."
Employment and Economy Stats
Unemployment Rate:
4.4% in Mar 2007
Payroll Employment:
+180,000(p) in Mar 2007
Average Hourly Earnings:
+$0.06(p) in Mar 2007
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Employment Studies and Trends
Moderated, Yet Stable, Hiring To Continue in Q2, CareerBuilder.com and USA Today Survey Finds
CareerBuilder.com, the nation's largest online job site, and USA TODAY released the results of their latest survey, conducted by Harris Interactive®, tracking projected hiring trends for the second quarter of 2007. The survey, titled "Q2 2007 Job Forecast," was conducted from February 15, 2007 through March 6, 2007 of 2,591 hiring managers and human resource professionals and 6,823 workers in private sector companies.
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