Bureau of Labor Statistics Projections through 2014

Check out your profession and projections for it.

http://stats.bls.gov/emp/optd/optdtabiv_1.pdf

Statistics in The State of Ohgio

Interesting statistics available for all ocupations within Ohio


http://lmi.state.oh.us/OES/OccupationalEmploymentStatistics.htm

Bank of America job cuts in Delaware

Bank of America eliminated nearly 800 jobs in Delaware in the three months after completing its buyout of MBNA Corp., according to data released today by the Delaware Department of Labor.

Did you know

The US Bureau of Labor Statistics predicts that the US will need to add 135000 computer professionals per year.

Now for the bad news . . . US universities are only graduating 49000 new comp sci graduates per year and they all tend to require additional training to be useful to their new employer.

New Yorkers finding jobs more quickly

According to a survey published by The Federal Reserve Bank of New York, New York City residents are finding jobs at a faster annual clip.

Some, for instance, are choosing the route of self-employment - a trend not counted in the employment data from the Bureau of Labor Statistics. The Fed spokesman believes the same is also true for Long Island.

Jason Bram, the Fed economist who co-authored the report, said, "I don't think that looking at trends in the number of jobs in the city is necessarily the best indicator of how well off New York City residents are in terms of their job opportunities."

Payroll statistics don't reflect changes in commuting patterns, including the increase in reverse commuting that may account for some New York City residents who work outside the five boroughs. The Bureau of Labor Statistics household survey, which looks at residents' employment instead of employers' payrolls, shows stronger growth, according to the report.

He added that NYC passed its 2001 employment levels in 2005.

And, if you had been reading this column, you would have known that the government statistics are misleading a long time ago!

Jeff Altman

The Big Game Hunter
Concepts in Staffing
jeffaltman@cisny.com

© 2006 all rights reserved.

Jeff Altman, The Big Game Hunter, is Managing Director with Concepts in Staffing, a New York search firm, He has successfully assisted many corporations identify management leaders and staff in technology, accounting, finance, sales, marketing and other disciplines 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.

To subscribe to Jeff’s free job search ezine, Head Hunt Your Next Job, go to www.headhuntyournextjob.com. To receive a daily digest of positions emailed to you or search for openings, go to http://www.jeffaltman.com. For information about personal search services, go to www.vippersonalsearch.com.

If 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)

July, 2006

Things are humming along in the US and job growth remains extremely strong. Although the media has focused on one jobs report that focuses on large companies (and it suggests a slowing of growth based upon an increase of 122000 jobs in June), it is actually a very narrowly target report that keys in on large company hiring. In fact, there is another government survey that includes small companies that shows an increase of 387000 jobs.

This is an extraordinary accomplishment and points to the impact of the tax cuts and increased government spending racing through the economy.

According to an article I read recently written by Lawrence Kudlow, the US economy has increased by 2% or $2.2 trillion over the past three years, an amount equal to the entire economy of China or that of the combined economies of India, Ireland, Belgium and Mexico combined.

So, what does all of this mean for you?

It means that you should be open minded to joining a smaller company where more than 80% of the new jobs are being created.

It also confirms the probability of labor shortages in a lot of areas and fields during the next year despite the double headed threat of inflation and recession increasing.

Keep your experience in the important areas of your field current.

And don't be influenced by the fear mongers.

Jeff Altman

The Big Game Hunter
Concepts in Staffing
jeffaltman@cisny.com

© 2006 all rights reserved.

Jeff Altman, The Big Game Hunter, is Managing Director with Concepts in Staffing, a New York search firm, He has successfully assisted many corporations identify management leaders and staff in technology, accounting, finance, sales, marketing and other disciplines 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.

To subscribe to Jeff’s free job search ezine, Head Hunt Your Next Job, or receive a daily digest of positions emailed to you, go to http://www.jeffaltman.com

If 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).