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NYSA Home Page   CareerBuilder for NYSA   Chapters   Members   Resource Center    April 19, 2011
 
NYSA Staffing Industry Update
 
 
The 'war for talent' on Long Island is back
New Hyde Park Patch    Share   Share on FacebookTwitterShare on LinkedinE-mail
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Never mind the 7.8 percent unemployment rate on Long Island, N.Y. Barbara Boschert said that when it comes to filling certain professional-level positions, competition is getting fierce. "The war for talent is pretty much back," said Boschert, the human resources director for Nielsen Associates, an executive search firm in Hauppauge, N.Y. Boschert has seen an uptick since September 2010, when demand for highly skilled workers became evident in the industries she serves — namely marketing, digital marketing, information technology and human resources. "There are not a lot of people to fill these jobs," she noted. More



Recruiting agencies post nearly 320,000 new jobs online during March
Benzinga    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The number of new online job ads placed in March 2011 by staffing agencies is up 4 percent compared to March 2010. Recruiting firms placed almost 320,000 new jobs online during March 2011, according to WANTED Analytics, a source of real-time business intelligence for the talent marketplace. More

Report: Increased need for specialized workers
Medill Reports    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Federal Reserve's Beige Book, which measures economic conditions around the country, reported that employers in certain U.S. regions said that they were experiencing difficulty in recruiting highly specialized workers. Chicago, along with the New York, Cleveland, Richmond and Minneapolis federal reserve districts, saw upbeat reports from staffing agencies, and there were increases in both job posting and hiring of temporary and permanent employees. More

Forex recruits find there's money to be made in foreign exchange
The Wall Street Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Banks like Morgan Stanley and Bank of America Merrill Lynch are ramping up their foreign-exchange operations, hiring more senior bankers and salespeople to cash in on a boom in currency trading. As they return to profit after the global financial crisis and credit freeze, the banks are snapping up Wall Street staffers disappointed by pay that was down some 10 to 15 percent in 2010, including bonuses with a higher component of unpopular restricted stock, recruiters say. More

More Americans leaving the workforce
USA Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The share of the population that is working fell to its lowest level last year since women started entering the workforce in large numbers three decades ago, a USA Today analysis finds. Only 45.4 percent of Americans had jobs in 2010, the lowest rate since 1983 and down from a peak of 49.3 percent in 2000. Last year only 66.8 percent of men had jobs, the lowest on record. More

Survey suggests big gap between workers' skills, employer needs
Observer-Reporter    Share    Share on FacebookTwitterShare on LinkedinE-mail article
In the midst of the most severe economic downturn since the Great Depression, and with millions of Americans unemployed or underemployed, a majority of employers are facing a major challenge recruiting employees with the skills, training and education their companies require. That is one of the key findings of a new report, "Across the Great Divide," released by Corporate Voices for Working Families and Civic Enterprises, in association with the Institute for a Competitive Workforce, U.S. Chamber of Commerce and Peter D. Hart Research Associates. More

The rise of the virtual job fair
The Globe and Mail via CTV News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
No need to wake up at the crack of dawn, no need to waste gas to get to a crowded hall and wait in long lines to see recruiters. In fact, really no need to even get out of your pajamas. These are the advantages of a virtual job fair, which experts say finally are destined to take off — after years of more hype than reality. They're different from traditional one-on-one encounters, though, so you'll need to adjust your approach to make them work for you. More



Will employment gains boost insurance activity?
Insurance & Finanacial Advisor    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Employers across the country in each of the 13 industry sectors plan to hire more employees in this quarter, meaning a possible boost in insurance activity. The anticipated increase in employment is 8 percent, up from 6 percent during the same period last year, according to a quarterly employment outlook survey by Manpower. Additional hiring can affect many lines of insurance, as employers add health, property-casualty and voluntary benefits. More

The business of finding people jobs
Business Insider    Share    Share on
FacebookTwitterShare on LinkedinE-mail article
There is no Series 7 of recruiting, and yet the industry has the potential to be as lucrative as the field of finance. Even though experts believe that the staffing business dates back to ancient Egypt, it did not get rolling in its modern form until World War II, when a shortage of male workers became a problem for businesses looking to hire throughout the U.S. In the world of executive search, when demand spikes for employees, so does the ability for the staffing vertical and all its incumbents to charge exorbitant fees. Fees and potential revenue generation aside, ever wonder how your recruiter works, what their day is like, and whether you should pursue a career in the field? The following are some insights. More
 
 
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