My Recruiting Blog

All things employment.

Monday, February 25, 2008

 

Wisconsin Job Breakdown

Wisconsin’s jobless rate rose in the month of December to 5 percent, which is barely above the national average of 4.9 percent. In the Midwest region, Wisconsin currently has the second lowest unemployment rate, with only Indiana residents have an easier time finding work. Seasonal layoffs are most likely to blame for the increase in the jobless rate. The Bureau of Labor Statistics found that approximately 12,000 Wisconsin jobs were effected by extended layoffs lasting at least 31 days or longer, causing the state to be ranked 5th among the top in the nation. Only California, Illinois, Ohio, and Michigan had a higher number of long term layoffs.

According to Commerce Secretary Jack Fischer Wisconsin’s economy is facing “challenging” times. Nevertheless he believes that the area has the potential to weather the potential national recession better many parts of the country. Fischer said that what the Wisconsin job market has going for it that other areas lack is consistency and strength of exports and entrepreneurship. He went on to predict that if a recession did occur, many of the area’s companies would continue to thrive.

As proof of this he cited Oshkosh-based Marvel Manufacturing that cannot keep up with the demand for its products, metal cutting machine tools. According to Fischer, Marvel has increased its sales from $11 million to $30 million in the last three years. Marvel recently received a state grant of $250,000 to install new equipment. This is expected to create at least 48 new Wisconsin jobs with in the next few years. He also cited the state’s growing biomedical industry, which has created 25,000 Wisconsin jobs in the past decade. This industry now has revenues of $8 billion annually.

Fischer did admit that the state’s paper industry was struggling, acknowledging recent plant closings announced in Port Edwards and elsewhere. These closings are expected to cause the loss of several hundred Wisconsin jobs.

In the Green Bay area Georgia Pacific just announced that they will be investing $50 million in their plant to create a state-of-the-art recycling system. This will not only reduce daily water use by up to 1 million gallons and improve energy efficiency, but will also help to retain high paying jobs in Wisconsin. Georgia-Pacific’s new recycling system is also expected to create more than 100 new full-time jobs.

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Thursday, February 21, 2008

 

Austin TX Provides an Oasis for Employees

Looking to make a move and find jobs in Texas?

Then consider Austin, Texas as your next destination. Austin, with a population of approximately 710,000 people, continues to experience a lower cost of living than the rest of the country. And even better, the unemployment rate is approximately 3 percent, which is much less than the U.S. average unemployment rate of almost 5 percent.

If you’re already living in Austin, you know it’s a great place to live and work. Maybe you’re just looking for new Austin jobs and not relocating. You’re still in the right place at the right time.

Austin has continually enjoyed economic health and job growth as new businesses move into the area. The future job growth and economic outlook for Austin continue to be good for the next ten years. This makes it a great place to look for a job today with a more secure future for years to come.

Austin enjoys lower home prices than much of Texas and the rest of the country which further enhances the experience of living in this capital city. Its close proximity to Houston and Dallas make it a great place to work and live. It is within driving distance of these and other major cities which offer even more cultural, entertainment and vacationing experiences.

Looking for a job and settling down in Austin, Texas also provides you with the chance to enjoy beautiful scenery, including rolling rivers, placid lakes, and pristine parks. Recreation in Austin is healthy and robust and the social and entertainment opportunites in the city and surrounding area provide a welcome respite from the workday. The commute is fairly easy around the city too – making it an even more attractive proposition.

If you’re looking for a job in Texas, be sure to put Austin on your map. One visit to this scenic city might just be what you need to decide where you want to settle.

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Sunday, February 17, 2008

 

Calling All Baby Boomers

In today’s competitive job market, finding a job can be time consuming and frustrating. The advancement of technology and the ability to access websites and job boards via the internet gives job seekers a huge advantage. It also offers the ability to search for jobs by particular profession and specific geographic locations.

But did you realize it also offers the opportunity to search for jobs specifically for baby-boomers?

A quick search using your search engine of choice will reveal many sites dedicated to retaining or recruiting “experienced employees” or those over the age of 50. By 2014, nearly one-third of the total U.S. workforce (32 percent) will be age 50 or older, up from 27 percent in 2005.1 With the threat of massive numbers of baby-boomers exiting the job market over the next decade, companies are looking for ways to retain, attract and recruit them more aggressively.

AARP (American Association of Retired Persons) actually has a listing on their website of the top 50 places to work for people over 50. Taking advantage of this opportunity can enhance your ability to find a job via the internet when you target these companies and contact them directly. Capitalizing on your skills and experience is a great way to get your foot in the door and your resume is that door-opener, so make sure it’s comprehensive.

The “brain drain” with the loss of baby-boomers in the job market creates a promising future for those over the age of 50. Staying in touch with the job market, and browsing the list of companies seeking more experienced employees, will result in new opportunities for your career advancement or continuation.

Finding a job via the internet has never been so good for the ‘older worker’.

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Wednesday, February 13, 2008

 

The Not-So-Scary Monster

With the housing market floundering and other economic indicators pointing towards a recession, many are beginning to be concerned about the immediate future of US employment. If circumstances continue then the number of jobs available in the country will likely drastically decrease as businesses try to maintain profits through cutting back on how many employees are on the payroll.

Current job listings on the internet may already be showing the beginning of this. Monster Worldwide Inc.'s dropped 4.8 percent in January to $27>25 a share. According to BusinessWeek, this happened shortly "after an analyst downgraded the job Web site operator and the company's January employment index showed a decline in online recruitment among employers."

According to Monster, it's index declined nine points in January, ending up at 160. Deutsche Bank analyst Jeetil Patel says that this decline in job listings, increase recession concerns, and execution risks from new management prompted the decrease in share pricing. He went on to say that "while one month does not make a trend, the data suggests a meaningful slowdown on growth and could represent an issue on profitability given the higher margins in the North America market."

The index, which measures posted jobs online and availability, showed significant decreases in the number of positions listed with the site in 20 of the 23 industries it monitors. Posted jobs online available to those in the finance and insurance industries dropped 21 points in the month of January, which Monster representatives says reflects the subprime mortgage crisis. When compared to the previous year the decrease in job listings was 5 percent from 2007s 168 points. The index is said to have a error margin of plus or minus 1.05 percent.

This decrease in the number of positions posted on the internet could make finding a job online more difficult. Employers who do continue to recruit through the web will have a larger pile of resumes to sort through, meaning higher competition for positions for jobseekers. Since approximately only 20 percent of available positions make it to online job listings it is best for those looking for new employers to pair their web search with more traditional methods in order to find less publicly advertised opportunities.

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