More good news today for recruiters. The jobs report is good. I know we can spin it into being not so good and nobody should throw a party for 8.5% unemployment, but the numbers are still helpful to those of us in recruiting.
The level of unemployment is not necessarily a big factor for the recruiting industry, but the direction it is moving is. So when unemployment was getting worse, things were tough. They weren’t tough because of unemployment, but the direction unemployment was going showed that growth and positive activity for businesses in general was not there. Unemployment now heading in the other direction, even slowly, shows that there is positive business activity out there. Some companies are growing, some industries are growing, and those companies and industries need key people. Third party recruiters are not generally recruiting the unemployed. For the most part companies can find them on their own. So we can have high unemployment, but if there is growth and positive business activity then companies need key people.
There is also a report out today on US Rail Car Loads and it is way up. That is a real solid basic indicator that there is more business out there. Not reading too much into this, but it is positive.
Todd Kmiec
Todd Kmiec and Associates
todd@toddkmiec.com
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