Employment Is Now A 4-Letter Word

By:
The Arizona Republic


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July 2, 2008

Here's the bad news: Fewer jobs nationally will be created during the third quarter because of the rocky economy.

Here's the good news: That's only a slight decrease from the second quarter, and it's not as bad as in 2001.

Still, a disappointing 24 percent of employers plan to add full-time permanent employees, according to a CareerBuild er.com/USA Today jobs survey released Tuesday.

That recruitment percentage is a smidge stronger in the western United States at 27 percent.

"The hiring environment is keeping with the status quo: cautious, but still competitive in select, in-demand industries," Matt Ferguson, CEO of CareerBuilder.com, said in a statement.

Here are other trends in the survey:

• The U.S. may have lost an average 65,000 jobs per month between January and May, but companies still have a difficult time finding qualified candidates.

That means slackers can hang on.

Almost 30 percent of companies said they're holding onto workers who'd normally be let go.

• More workers are looking for new jobs. Among those that aren't searching, 83 percent said they'd consider the right opportunity. That's up from 55 percent in 2006.

• As per usual, the most jobs are available in information technology - 37 percent of employers are set to add full-time, permanent IT employees in the quarter.

This survey, conducted by Harris Interactive, interviewed 2,922 hiring managers and human-resource professionals and 7,960 U.S. employees ages 18 and over between May 22 and June 13.

No pets were harmed in the taking of this survey.

http://www.azcentral.com/arizonarepublic/business/articles/0701biz-buzz0702.html

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