Hello All,
OK, everyone has been reading the news. Doom and gloom, recession, and the economy tanking.
If you are like me, you have friends that have been laid off, "hiring freezes" instituted in your area, and bosses that want to cut down on the resources you have available to you to use for recruiting.
Sound familiar?
For an interesting take on what is going on now in the economy, and how this looks compared to the .com crash, check out the following link:
This article is written by our CEO Rob McGovern (the founder of CareerBuilder). While most people in HR I talk to on a daily basis are frustrated with their budgets being cut and headcounts going down, most realize that this is only a temporary situation and the best companies are always recruiting.
Currently I see a trend in hiring more salespeople since they drive revenue but one thing that opened my eyes is that the demand for educated job seekers is still about the same as in 2001.
The only difference is that the cool perks like the free car, cafeteria, and child care are for the most part gone.
Comments are always welcome but I thought this was an interesting read on what is going on right now.
Until next time!
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