November 2005
November, 2005
I just read the latest government report on the labor market. It said that job creation in the US was half of what was anticipated (approximately 43000 new jobs created in the last month. It led to a concern that the recovery was slowing down.
The press is one of the worst sources of analysis on this subject available. The data they analyze comes from the government whose means of data collection consists of polling large companies. It excludes data from smaller firms and does not include you folks who became self-employed consultants. In other words, it misses a lot of people, just like the they are unemployment numbers miss a lot of people (you are only considered unemployed if you are collecting unemployment; otherwise you don’t exist to the government).
Ask people you know what it’s like in the job market. They will tell you that they are getting interviews with large companies and small companies. Many will tell you that they are receiving more than one job offer and that they are at good salary increases.
And if you ask employers, you will find more of them are finding it difficult to locate staff level professionals. They are starting to sponsor H-1b professionals because it has become hard to find staff. Why? No one was hiring beginners from 2001 to 2004. So the seeds were not sown to permit them to find staff with a few years of experience. It bodes well for older workers to be able to get consulting assignments.
As I look ahead, I see and economy slowing under the weight of government spending on the War in Iraq and on social programs; I also see that job creation will continue for some time again in IT.
Jeff AltmanConcepts in Staffingjeffaltman@cisny.com© 2005 all rights reserved.Jeff Altman, Managing Director with Concepts in Staffing, a New York search firm, has successfully assisted many corporations identify leaders and staff in technology, accounting, finance, sales, marketing and other disciplines as employees or consultants since 1971. He is a certified leader of the ManKind Project, a not for profit organization that assists men with life issues, and a practicing psychotherapist.For additional job hunting or hiring tips, go to http://www.newyorkmetrotechnologyjobs.comIf you would like Jeff and his firm to assist you with hiring staff, or if you would like help with a strategic job change, send an email to him at jeffaltman@cisny.com (If you’re looking for a new position, include your resume).
I just read the latest government report on the labor market. It said that job creation in the US was half of what was anticipated (approximately 43000 new jobs created in the last month. It led to a concern that the recovery was slowing down.
The press is one of the worst sources of analysis on this subject available. The data they analyze comes from the government whose means of data collection consists of polling large companies. It excludes data from smaller firms and does not include you folks who became self-employed consultants. In other words, it misses a lot of people, just like the they are unemployment numbers miss a lot of people (you are only considered unemployed if you are collecting unemployment; otherwise you don’t exist to the government).
Ask people you know what it’s like in the job market. They will tell you that they are getting interviews with large companies and small companies. Many will tell you that they are receiving more than one job offer and that they are at good salary increases.
And if you ask employers, you will find more of them are finding it difficult to locate staff level professionals. They are starting to sponsor H-1b professionals because it has become hard to find staff. Why? No one was hiring beginners from 2001 to 2004. So the seeds were not sown to permit them to find staff with a few years of experience. It bodes well for older workers to be able to get consulting assignments.
As I look ahead, I see and economy slowing under the weight of government spending on the War in Iraq and on social programs; I also see that job creation will continue for some time again in IT.
Jeff AltmanConcepts in Staffingjeffaltman@cisny.com© 2005 all rights reserved.Jeff Altman, Managing Director with Concepts in Staffing, a New York search firm, has successfully assisted many corporations identify leaders and staff in technology, accounting, finance, sales, marketing and other disciplines as employees or consultants since 1971. He is a certified leader of the ManKind Project, a not for profit organization that assists men with life issues, and a practicing psychotherapist.For additional job hunting or hiring tips, go to http://www.newyorkmetrotechnologyjobs.comIf you would like Jeff and his firm to assist you with hiring staff, or if you would like help with a strategic job change, send an email to him at jeffaltman@cisny.com (If you’re looking for a new position, include your resume).
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