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Two Conflicting Jobs Reports In Three Days: HIRING HAS GRINDED TO A HALT!

Friday, May 3rd, 2013

How strong is the jobs market? On Wednesday, payroll-processing firm ADP reported that last month was the weakest private sector hiring month since last September with only 119,000 jobs created. However, today the Bureau of Labor Statistics (BLS) said that the U.S. economy added 165,000 jobs last month, more than the 148,000 expected by top economists. This supposedly dropped the unemployment rate to 7.5%. Who is right?

Whichever figures you decide to follow, REAL UNEMPLOYMENT remains very high! If you total: a) unemployment (11,700,00 for April = the same as March) b) those working involuntarily part-time (7,900,000 for April = an increase of 278,000 over March) and c) those who just gave up looking (2,300,000 for April = the same as March), you have a total of 21,900,000 or an increase of 300,000 over March! This is about 16% of the workforce that is either unemployed or underemployed!

My consultants regularly answer the phones of these great Americans who are eager to work, but don’t have an opportunity to do so. Just a walk back home yesterday down Broadway showed many small businesses that had been there in the last few months now out of business! What politicians regularly trumpet, but fail to grasp is small businesses are the real engine for jobs growth creating almost 70% of the net new jobs over the last 20 years. Unfortunately, many of the current policies run contrary to what small business owners need to succeed and add new jobs!

Employers Starting To Hire Nationwide; BUT UNEVEN RESULTS!

Friday, April 5th, 2013

Though the unemployment rate dropped to 7.6% and employers are hiring more readily across the U.S. the results are mixed. For example, in Illinois, the unemployment rate stands at 9.5%. Furthermore, only 14 out of the nation’s 100 largest metropolitan areas have more jobs now than they did before the 2008-9 recession! Moreover, 6 out of those 14 are in Texas according to researchers at the Brookings Institution.

 

On a positive note, job gains were in:

  1. Professional and Business Services, which added 51,000 jobs in March.
  2. Health Care, which continues to grow, and added 23,000 last month.
  3. Construction, which rose by: a) 18,000 last month and b) has added 169,000 since last fall.
  4. Leisure and Hospitality, which has added: a) 13,000 last month and b) 262,000 over the past year!

 

Another positive sign is, for the first time since the financial crisis, U.S. employers are expected to soon reach their yearly allotment of 85,000 H-1B visas. The last time employers reached this limit in less than a week was 2008. Though this is for foreign workers, this is a quasi indicator of hiring demand for technical workers.

Crain’s Chicago Business Confirms Scarcity Of Technical Talent

Friday, March 22nd, 2013

Several recent studies have revealed an increasing shortage of skilled technical talent. For example, a recent report conducted by Crain’s Chicago Business, revealed that: a) demand for tech workers continues to rise and b) the unemployment rate for tech workers is less than 4%. In fact, for some specialty tech professions unemployment is NONEXSISTANT! As a result, many employers have had to resort to signing bonuses and other unique perks to woo talent. For example, Fred Lee, Chief Technology Officer of Chicago-based Enova, an online payday lender that plans to add 50 tech workers this year to its Chicago staff of 1000 employees said, “There’s a tech talent war that’s happening.”

No worries; we can deliver top-notch R&D, scientific, IT and engineering candidates from Staff to C-levels (e.g. CTO or CIO). Please go to http://www.strategicsearch.com/qualification-technical-recruiting.php for a detailed list of our specialties and terms.

Unlike most recruiting firms, which just “float” resumes (i.e. haphazardly send numerous resumes to you in hopes that one meets your needs), our very systematic 3-STEP PROCESS ENSURES YOUR NEEDS WILL BE MET!

This proven 3-step process includes:
1. Meeting your key representatives on location to develop a comprehensive NEEDS ANALYSIS doctrine. This extensive consultative process includes both: a) reviewing stated job descriptions and b) uncovering hidden employment necessities unique to your corporate culture. The cornerstone is brainstorming to expose additional parameters, which may not have been considered, based upon the distinctiveness of your work environment and limitations of the current labor pool. We spend unlimited time on this very important step before moving forward because this provides the roadmap of your search and ensures surfacing only those candidates who truly meet your unique needs!
2. Engaging in an exhaustive process of SOURCING all viable candidates including: a) employing our 100,000 candidate internal databank b) utilizing all relevant mass databases (e.g. LinkedIn, where I personally have almost 2000 direct connections) c) uncovering all related industry associations and utilizing their internal databases, contacts and jobs posting sources and d) directly recruiting candidates from agreed upon competitors.
3. Applying thorough BACKGROUND INVESTIGATIONS on all finalists including: a) face-to-face interviews b) reference checking c) confirming educational credentials and d) applying our trademarked Accu-checkcriminal and civil investigation process. Please go to http://www.strategicsearch.com/accucheck.php for more information on this unique practice. Assisting us is former FBI agent Tim Pitchford who utilizes the “trapline” network of retired FBI agents to comprehensively cross-examine your finalists to uncover any “skeletons” in their past.

Furthermore, we also offer STAFFING AND ORGANIZATIONAL DEVELOPMENT CONSULTING. This includes acting as a strategic advisor to share some of the best recruiting and workplace practices worldwide to streamline your staffing methodologies. This will greatly improve your probability of attracting the key talent you desire. Please go to http://www.strategicsearch.com/technical-recruiting-tips/technical-recruiting-tips.php to view some of our best practices.

If we can be of service to your organization, clients or colleagues, please forward this information. Also, please let me know if I can answer any additional questions.

Unemployment Drops To 7.7%, But Job Market Still Very, Very Soft: 3-PRONGED APPROACH ENERGIZES JOB HUNTING!

Friday, March 8th, 2013

Though the unemployment rate dropped by .2% to 7.7%, a lot more needs to be done. For example, if you total: a) Unemployed (12 million) b) those involuntarily working part-time (8 million) and c) those who have just given up looking (2.6 million), the aggregate figure only fell 100,000 from last month (from 22.7 million last month to 22.6 million Americans this month)!

Fortunately, there is a three-pronged approach to increase job seeker’s probability of success:

  1. Developing a quantitatively laced resume.
  2. Selectively using recruiters
  3. Networking, which is the most important of the three!

Let’s take these from least important to most important. First, having a resume is a necessary evil. Most hiring managers (especially human resources) require it. Therefore, you need to mold your resume into a quantitative one. Please go to http://www.strategicsearch.com/interview-preparation-tips/interview-preparation-tips.php and review my 1st Commandment of Interviewing. The key is seeding your resume with numbers (e.g. % improvements or dollar savings to employers).

The Second prong is the selection and use of recruiters. I recommend using both recruiters who place full time and temporary positions. Access both: a) The Directory of Executive and Professional Recruiters for full time and b) the website http://www.americanstaffing.net/jobseekers/find_company.cfm for temporary agencies. There is no magical formula to selecting recruiters. Instead, develop a list of questions to ask, contact them and select a few that you feel meet your needs. However, DO NOT RELY UPON ANY RECRUITERS! Some may provide some assistance, but the primary way to land a good job is through networking.

Finally, the third and most important of my recommendations is networking. There are two types of networking: a) the old fashioned form of meeting people and b) e-networking. Please refer to my 2nd and 3rd Commandments of Interviewing for more information. However, one of the cornerstones of any networking approach is developing and applying a 20-30 second elevator pitch. During this pitch you want to quickly convey three things:

  1. Who you are?
  2. What you are looking for (be specific)?
  3. Your 2-3 greatest strengths.

Practice pitching this information aloud into either: a) a tape recorder or b) the mirror at least 50 times until you feel it is very concise, “rolls off your tongue” and conveys everything you wish to convey very powerfully. Also, time yourself with a stopwatch until you can complete it in no longer than 30 seconds!

Once you have a pitch finalized that you feel comfortable with, you want to use it on everyone you know and meet. Also, use the written version of this pitch on social media sites like LinkedIn. Join appropriate business groups and meet people. When you meet someone new, don’t forget to share your 30-second elevator pitch because you don’t know who might know about your next job.

This is a very tedious process that requires a lot of diligence, but there is no secret to landing a job especially in this terrible jobs market. You have to be work harder than everyone else since there are so many people now out of work! Finally, remember that networking is your most important tool. As part of that you need to develop a very strong, 30-second elevator pitch.

Big Brother Is Watching!

Wednesday, March 6th, 2013

As Big Data becomes a fixture of office life, companies are turning to tracking devices to gather real-time information on how teams of employees work and interact. Sensors, worn on lanyards or placed on office furniture, record how often staffers get up from their desks, consult other teams and hold meetings.

Businesses say the data offer otherwise hard-to-glean insights about how workers do their jobs, and are using the information to make changes large and small, ranging from the timing of coffee breaks to how work groups are composed, to spur collaboration and productivity.

The caveat is workers have to become more and more cognizant of their actions. Otherwise they risk being disciplined or laid off. This is especially true during these tough employment times when about 16% of the workforce is either: a) unemployed b) underemployed (e.g. involuntarily working part time) or c) has just given up looking!

Hiring Picking Up Steam: TIME FOR A TALENT AUDIT!

Monday, February 11th, 2013

According to the Bureau of Labor Statistics (BLS) 312,000 new jobs have been created during the last two months. Furthermore, anecdotally, I have observed that many of our clients have significantly ramped up hiring since January 1st. Unfortunately, few have prepared for this momentous recruiting increase.

As a result, I recommend a 360-degree audit of your staffing needs for the next 18 months including:

  1. Full assessments of all your department’s requirements.
  2. Thorough evaluations of your talent needs in comparison to: a) manpower availabilities in the current job market and b) your competitors’ needs and current recruiting efforts.
  3. Researching new methods for securing talent for your organization.
  4. Increasing the recruiting prowess of your hiring managers.
  5. Brainstorming sessions among all key managers to discuss actual and projected regulations and how they will affect your abilities to secure key talent in the future.

To assist your efforts, we have prepared a list of 12 key tips we recommend for recruiting. Please go to http://www.strategicsearch.com/technical-recruiting-tips/technical-recruiting-tips.php to learn more.

If you would like more information about this topic or need any assistance with your staffing needs please contact me at 312-944-4000 or e-mail ssargis@strategicsearch.com

Unemployment Rate Hovers Near Dangerous 8%

Friday, February 1st, 2013

Talking Points for the month

  1. 157,000 (+2,000 from December) non-farm jobs added in January. But unemployment rate up to 7.9%!
  2. 22.7 million ( Same as December)= 12.3 (+100,000 from December) mil. Unemployed + 8 (+100,000 from December) mil. Involuntarily working part-time + 2.4 (-200,000 from December) mil. who are not even counted = 22.7 million workers who are either unemployed or underemployed or 16% of all workers! = 1 in 6 workers still unemployed or underemployed in the January BLS figures!
  3. BLS said that the National Unemployment rate stayed the same at 7.9% (revised upward from December) in January. This was the 5th straight month below 8% after 43 straight months of 8% or above!
  4. Illinois unemployment rate was 8.7% (same as November) in December (Projected).
  5. The gains were across the board: a) Health Care continues to add jobs and rose by 45,000 in January (- 22,000 from December, but over the year has added 320,000) b) Retail added 33,000 c) Construction rose by 28,000 in January (since a low in January, 2011 has grown by 296,000 jobs) d) Wholesale added 15,000 jobs in January (since a low in May, 2010 has added 291,000 jobs) and e) Mining added 6,000 jobs in January (has risen 23,000 over the last 3 months).
  6. Transportation and warehousing dropped 14,000 jobs in January and manufacturing stayed the same!
  7. How bad is it?  With only 157,000 jobs created in January, it will take over 10 years to make up for the 7.9 million jobs killed off by the recession. Many of them are not coming back!

Unemployment Rate Remains At 7.8%: NEW OUTPLACEMENT MODEL PROVIDES THE REMEDY!

Friday, January 4th, 2013

Despite creating 155,000 new jobs, the Bureau of Labor Statistics (BLS) reported today that the unemployment rate remained near the dangerous 8% level, which it sustained recently for a record 43 straight months! This means that 22,700,000 Americans are either unemployed, underemployed or have just given up looking! We have the solution!

In partnership with several leading experts in automation and continuous improvement we have engineered a new, standardized, trademarked, low-cost alternative to outplacement, called World2Work™. Unlike the traditional outplacement model, which has been in existence for over 50 years and is offered primarily to only upper management, World2Work™ delivers exponentially more benefits to job seekers for substantially less cost to employers.

For  job seekers, there are four key components:

  1. Core training. Please go to http://www.strategicsearch.com/interview-preparation-tips/interview-preparation-tips.php for more details.
  2. Presentational skills guidance.
  3. Resume development.
  4. Online research including instruction on harnessing the power of online job boards like Monster and CareerBuilder.

Everything you will need to land your next job! Furthermore, we will be able to deliver this needed training to significantly more of the 1 in 6 Americans who is either unemployed, underemployed (and involuntarily working part-time) or have just given up. This is the case because we will provide employers more for less. As a result, they will be more willing to provide this service to exponentially more of their displaced workers!

For employers we have three major benefits over traditional outplacement:

  1. 1/10 the cost.
  2. Exponentially more good will.
  3. Scalability through standardization.

Because of how we formulated World2Work™ we will be able to provide it to employers for only 10% of their current outplacement cost! As a result, they will be more willing and able to provide this needed training to 10 times as many of their displaced workers because: a) it will cost them less and b) it will provide them a lot more good will. This is extremely important because, with the proliferation of social media like Twitter and sites like http://www.glassdoor.com, disgruntled, ex-employees can more quickly and easily poison a company’s reputation after a major layoff. As a result, our program will allow employers to be more generous because it will be in their own best interests to do so!

Currently, only a few companies offer outplacement, to only a limited sampling frame of their displaced workers and with only very limited success. Two major impediments are:

  1. Traditional outplacement’s high cost (e.g. $10,000 or more per person).
  2. A lot of variation in the deployment due to the norm being very counselor-centric (i.e. subjectively based upon the abilities of a given practitioner).

Instead, we studied and borrowed ideas from successful, standardized, self-help, group models like http://www.weightwatchers.com Weight Watchers (W.W.), which have been perfected over many, many decades. Our analysis shows that W.W. has succeeded in helping exponentially more people at a far lower cost than one-on-one therapies. We will do the same for career coaching and outplacement.

Though no one can master job-hunting during one session, our main goal is to provide the necessary tools and group, self-help framework to ensure continued future success. Furthermore, our research shows that many related experts currently exist across the country. Unfortunately, they lack standardization and interconnection. Our hope is, with the success of this program, we will attract many of these resources under one umbrella and standardize the delivery model to more quickly and efficiently address the needs of the growing masses of job seekers.

Only The Best This Holiday Season To You And Your Family

Wednesday, December 19th, 2012

Holiday CardBusiness2

I’ll live on WGN Radio Saturday, December 29th between 12:30 and 1 p.m. CST discussing a new outplacement model to help the multitudes of displaced workers.

Saturday, December 15th, 2012

If you get a chance, I’ll be live on WGN Radio on Saturday, December 29th from 12:30 to 1 p.m. CST (720 on the AM dial) discussing a new, lower-cost alternative (10% of the cost) to outplacement for displaced workers, called World2Work™

You can also listen in to this broadcast live on the Internet at http://www.wgnradio.com/about/listen/ and then click on “Click here to listen live” towards the top of the page.

Lastly, please let me know if I can be of assistance.

Here is a tip that can help you with your job search CandidateTips 6-9-09-Interviewing Tip #1 A-MPEG-4 Improved NTSC for CD