March 15, 2011

Recruiter services in growing demand
Democrat and Chronicle
Recruitment of new employees has gone the way of payroll and tax duties for a number of companies — out of the building. For years, employers have used recruitment firms to fill specialized technical and senior level executive positions. Now more types of job seekers are likely to deal with a third party than a person at the company that is offering the job.More

New York City fared better in recession than thought
The New York Times
The recession that ended in 2009 caused less damage in New York City than economists previously thought, according to revised jobs data released by the State Labor Department. The city lost fewer jobs during the downturn and started regaining them sooner and faster than previous tallies indicated, said James Brown, principal economist for the department. More

Temp jobs help fuel economic recovery
The Daily Journal
Many of the newest jobs these days come with an expiration date. Facing economic uncertainty, many companies have turned to temporary staffing agencies to meet work demands without taking on costly health care benefits and state-mandated unemployment and worker's compensation payments.More

'Total unemployment' declines to 16 percent
Christian Science Monitor
Today's Employment Situation report showed that in February "total unemployment," including all marginally attached workers, declined to 15.9 percent while the traditionally reported unemployment rate declined to 8.9 percent.More

Jobless claims in the US rose 26,000 to 397,000
First-time claims for jobless benefits rose in one week from an almost three-year low, highlighting the uneven nature of the improvement in the U.S. labor market. Applications for first-time unemployment benefits increased by 26,000 to 397,000 from the last week in February to the week ending March 5, Labor Department figures showed. Economists forecast claims would climb to 376,000, according to the median estimate in a Bloomberg News survey.More

Only 11 percent of companies in New York area plan to add jobs in next 3 months
NY Daily News
The nation's unemployment rate has dipped dramatically in the past few months, but a new survey finds that the city's job outlook isn't as rosy as the rest of the country. The number of new hires in the city and surrounding areas will be among the weakest in the nation in the next few months, according to a survey by employment services company Manpower.More

Job recruiters shifting tactics to find ideal hires
Vancouver Sun
Experts say job growth is expected this year, and recruiters may step up efforts to find the right candidates. But the ways in which they'll find those workers won't necessarily be traditional. Will Boland, chief administrative officer for Sageworks, a Raleigh, N.C.-based firm that analyzes industry financials, said some recruiters would post openings on sites such as CareerBuilder, Craigslist or LinkedIn, but not all of them. The biggest frustration in posting jobs this way is the sheer volume of responses.More

Obama job approval drops despite positive jobs report
President Barack Obama's Gallup job approval rating fell recently, coming as a surprise to some analysts in light of recent positive economic news, which showed that unemployment finally had fallen below 9 percent for the first time in nearly two years.More

Wall Street employment rose 5.9 percent from year ago in January
The Wall Street Journal
Wall Street employment rose 5.9 percent from a year ago in January, as banks added professionals in areas such as investment banking and securities brokerage, although both headcounts fell slightly a monthly basis, according to the New York State Department of Labor.More