The Case for Recruiters in Today's Economy

So it's not the best of times - economically speaking.

It doesn't take a genius to figure out that recruiters have hit hard times. But there are a number of significant developments that should encourage recruiters. (See the blue "hires" line from last month in the otherwise dire graph from the Bureau of Labor Statistics.

The BLS released several positive numbers in their April jobs report. But there were a couple of figures, which, at first, may seem contradictory - that ultimately create a perfect recipe for recruiters.

Fact 1: The April jobs report shows 290,000 newly created jobs (with an additional 93,000 jobs added to the estimates from February and March of 2010). These numbers are the best we've seen in FOUR YEARS. What this means: There are jobs out there to be filled.

Fact 2: The unemployment rate rose from 9.7% to 9.9%. Now this might not make a lot of sense on the surface. How can there be more jobs while the unemployment rate increases? Simple answer is: Those jobs still need to be filled. And there are more people out there looking to fill them.

The unemployment rate is based on the number of people who are actively seeking employment. This number will increase as discouraged unemployed workers begin seeking for work once again.

As I wrote in my "Indisputable Case For an ATS", there is a simple formula at play here:

Newly Created Jobs + A Boatload of Job Seekers = LOG JAM

And who is going to be there to mediate?

Doesn't take Scooby-Doo to solve this mystery: Recruiters... now is your time. Buck the feeling that the economy is down and that you need to be too. According to a close look at the dynamics of the economic situation, now is the time to seize the moment.

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