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Monthly Archives: March 2009
Friday Funnies: Manpower Films Presents – The Boom
Posted in Humor, Manpower Inc.
Tagged Funny Work Videos, getbackin.biz, Iowa, Manpower, Office Humor, The Boom
Hired and Fired Twitter Style
A Master’s student at UC Berkeley has learned the hard way that some thoughts should be kept private – and off Twitter, Connor Riley was offered a job at Cisco Systems in California.
She tweeted this soon after:
“Cisco just offered me a job! Now I have to weigh the utility of a fatty paycheck against the daily commute to San Jose and hating the work.”
As innocuous as this comment may sound, one web-savvy Cisco manager saw the tweet and didn’t find it so amusing.
Tim Levad tweeted back:
“Who is the hiring manager. I’m sure they would love to know that you will hate the work. We here at Cisco are versed in the web.”
The tweets went viral, even after Riley set her account to private. Her pictures and personal info have been revealed. Her job offer, I’m sure, was rescinded.
Behold the power of 140 characters.
Original Source: Cheezhead
Posted in Social Networking
Tagged Fired, Hired, Job, Social Media, Tweet, Twitter.com, Twittering
Managing Contingent Labor Strategically
The work is largely considered mundane, process-oriented, and as a necessary overhead cost that provides little or no value.
If you work now or have worked in an organization that views contingent labor management this way, you work or have worked in an organization that has no clue about the future of strategic talent management!
Contingent Labor Taking Over?
Unless you are new to the workforce, chances are you have noticed a significant increase in the percentage of people working around you who are not employees of your organization. Sure, in the past there was the occasional temp who stepped in while someone was on family leave or covered activities during high-volume work periods, but today many organizations are awash with contingent labor of many types.
You may sit next to a temporary worker, a medium- or long-term contractor, an outsourced service provider, a consultant, a worker on loan from a strategic partner, an onsite representative from a vendor, a virtual worker (automation), or be connected to an offshored worker via collaborative technologies.
In just 20 years, the percentage of work allocated to contingent labor on average has grown from 6% in 1989 to more than 27% in 2009.
According to another study just completed in January by the Aberdeen Group, a majority of employers identified that their use of contingent labor would increase moderately in the next two years (1:10 employers are prepared for significant growth in the utilization of contingent workers).
Posted in Workforce Trends
Where Does Gen Y Want to Work?
Where Does Gen Y want to work? That is the question that inspired Janet Sun of Experience.com to poll 6700 Gen Y’rs to find the answer. I think as you see the results below there is really nothing to shocking although I would encourage you to read her write-up and thoughts on the results.
Visual: U.S. Metro Unemployment Rates – January 2009
Click on picture to enlarge.
Posted in Unemployment, Workforce Trends
Tagged January 2009, Metro, North America Metropolitans, Unemployment, USA
Older Workers Keep on Working & Delay Retirement
Six-in-ten workers over the age of 60 say they are putting off their retirement due to the impact of the U.S. financial crisis on their long-term savings, according to a survey by CareerBuilder.
The survey was conducted among more than 8,000 workers between November 12 and December 1, 2008.
One-in-ten workers (11 percent) over the age of 60 who are putting off retirement say that the decrease to their savings may now cause them to never retire, while 73 percent think it will take them up to 6 years of extra work to recoup their lost savings.
Nearly a quarter (24 percent) feels they can make their money back by working an additional year or two.
“Mature workers may be feeling the pinch of this difficult economy more than others because of their impending plans for retirement,” said Jason Ferrara, Senior Career Advisor at CareerBuilder. “Mature workers who are returning to the workforce to offset their retirement losses will likely encounter many of the same challenges that workers of any age are facing today. However, their level of knowledge and experience and network of professional contacts will work to their advantage in a competitive job market.”
For tips on navigating through a difficult economy, employees can check out PrimeCB.com, CareerBuilder’s site for mature workers.
Posted in Workforce Trends
Tagged Careerbuilder.com, Financial, Financial Crisis, North America, Older Worker, Retirement, Workers
Ahhhh, Spring Break
See Ya Next Week!
Is Your State Sticky or Magnetic or Both?
Alaska apparently isn’t much good at hanging on to its native sons and daughters. Just 28% of adults born there still live there, placing it last among the 50 states on this measure of population “stickiness.”
Texas, by contrast, knows how to hold ‘em. More than three-quarters of adults born in Texas still live there, making the Lone Star State the nation’s stickiest.
Nevada, meanwhile, is the nation’s most “magnetic” state: Fully 86% of its adult residents were born in a different state. And New York is the least magnetic: Just 19% of adult New Yorkers were born in another state.
Using Census data, the Pew Research Center’s Social & Demographic Trends project has created a typology that groups all 50 states and the District of Columbia by whether they are “magnets” or “sticky” — or both, or neither. (Here is a list of magnet and sticky numbers for all states and D.C.)
First, let’s define these terms. “Magnet” states are those in which a high share of the adults who live there now moved there from some other state. “Sticky” states are those in which a high share of the adults who were born there live there now.
Posted in General Information
Tagged Demographic Study, Iowa, Pew Research, Population Research, Recruiting, Retention
Job Trends in Social Networking
The latest job trends for social networking are really no surprise. The explosion of these types of sites is amazing, including the fact that almost every other type of website is trying to include some type of social networking component, which 9 times out of 10 ranks very high on the lame scale. The future of these jobs in my mind is very uncertain since it is incredibly easy to start one of these sites/companies, yet incredibly difficult to gain any traction (I mean how many social networks can one person manage). Of course the final death knell could be that some companies are overly embracing social technology. A perfect example is Intel on Facebook which spawned the article “Intel’s 25 Random Things proves grownups are ruining Facebook“. The other side of this is the story I read from a friend about a guy that had to spend a half hour with his information technology people trying to explain how Twitter can be a business tool, and get them to unblock it. And the world keeps turning.
Posted in Workforce Trends
Tagged 25 Random Things, Facebook, Intel, Job Trends, Social Networking, Twitter
Best and Worst Trends in Job Openings by Industry – February 2009
Indeed.com has released their February trends graph for job openings by industry. The news is bleak which is to be expected on the back of all of the layoffs that occured in February. Nonetheless it is a great tool for understanding where to point your job search.
Posted in Workforce Statistics
Tagged Best and Worst Job, February 2009, Job Openings, Recession, Unemployment, Work
NABE Panel: Recession to End in Second Half of ’09; Above-trend Growth in 2010
“The steady drumbeat of weak economic and financial market data has made business economists decidedly more pessimistic on the economic outlook for the next several quarters. Credit conditions remain tight and declines in equity markets and home values, combined with significant job losses, are causing consumers to rein in discretionary spending. While a few reports offer some glimmer of hope, a meaningful recovery is not expected to take hold until next year. Further pronounced weakening in housing and deteriorating labor markets underscore the risks for 2009,” said NABE President Chris Varvares, president, Macroeconomic Advisers. “Following a sharp 5.0% (annual rate) contraction in the first quarter of this year and another 1.7% drop in the second quarter, NABE forecasters expect real GDP to rise at a sub-par 1.6% rate in the second half. This leaves a decline of 0.9% in 2009, on the heels of a 0.2% decline in 2008. The unemployment rate is forecast to rise to 9.0% by year-end and inflation is expected to moderate, as economic slack builds and as oil prices are forecast to remain relatively depressed. The good news is that economic activity is expected to turn up in the second half of the year and 2010 is expected to see modestly above-trend growth of 3.1%.”
Among the key forecasts of the February 2009 survey:
• The current downturn will most resemble that of 1973-75.
• Real government spending will advance 2.8% in 2009.
• The consumer price index will decline 0.8% in 2009, as already large
commodity price declines pass through to consumer prices.
• The jobless rate will peak at 9.0% by the end of the year. House
prices will decline 5% during 2009, though the S&P 500 index is
expected to rise a solid 8% by December 31, 2009.
Visual: Job Openings and Turnover – January 2009
On the last business day of January, there were 3.0 million job openings in the United States, and the job openings rate was 2.2 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. The job openings rate fell in January, while the hires rate (3.3 percent) and the total separations rate (3.6 percent) were essentially unchanged. The annual rate for hires, total separations, and quits decreased in 2008 while the annual layoffs and discharges rate increased.
It is nice to see new hires picking up although it appears to have leveled off somewhat. Unfortunately seperations continued to increase in January and I anticipate based on what we know, we will see that trend continue for February. I do believe we will begin to see a reverse in the seperations trending as we move into March. I also believe we will see an uptick on new hires in it’s trending in March as well. While the recovery still seems to be months away and the uptick’s will not be huge, progress is progress.
Posted in Workforce Trends
Tagged Job Openings, New Hires, North America, Seperations, Unemployment, USA
Visual: State Employment Percentage Changes Year over Year – January 2009
Click picture to enlarge.
Posted in Workforce Trends
Tagged American Employment Picture, Employment by State, North America, USA
Visual: Unemployment Rate Map by State – January 2009
Click on image to enlarge.
Posted in Unemployment, Workforce Trends
Tagged January 2009, North America, Recession, State Unemployment, Unemployment Map, USA
College Grads Face Tough Job Market in 2009
Seniors graduating from college this year will get diplomas, but they may not get jobs. Employers expect to hire 22 percent fewer new graduates from the college class of 2009 than they hired from the class of 2008, according to a new study by the National Association of Colleges and Employers.
The latest numbers also differ significantly from the fall, when employers’ hiring projections looked flat.
“Earlier, employers indicated that they expected to keep their new college graduate hiring levels even with last year,” Marilyn Mackes, the association’s executive director, said in a statement. “Our current survey shows that college hiring is as affected by the economy as other types of hiring.”
The drop in anticipated college hiring is part of an overall slack labor market, which has worsened rapidly amid the recession.
The expected decline in new-grad hires was prompted by the deteriorating economic situation, said the association, a professional group that forecasts trends in the job market.
“More than two-thirds of employers said the economic situation forced them to re-evaluate their college hiring plans, and nearly all of those said they have decreased their planned number of hires,” Mackes said.
The projected drop is likely to mean a sharp decline in employer activity on campuses this spring as well, with 66 percent of employers responding to the survey reporting plans to lower or eliminate spring hiring.
The latest association study also ends a string of positive hiring reports for new college graduates dating back to 2004. Students graduating in the early part of the millennium experienced major drops at the hands of the dot-com bust and the terrorist attacks of September 11, 2001. Hiring decreased 36 percent for the class of 2002 but steadied for the class of 2003 before rebounding in 2004.
Employers also seem cautious about the near future. More than 46 percent said they are unsure about their hiring plans for fall 2009, and 17 percent are already reporting that they expect to trim their college hiring further.
Economic Conditions Snapshot, February 2009: McKinsey Global Survey Results
Executives view their economies as bad but, in a change from recent months, do not see them getting much worse. Government actions have helped, many say. Companies are hanging on, and many are taking long-term actions to cope with economic turmoil.
Executives’ economic expectations, though gloomy, don’t appear to have worsened notably over the past six weeks, according to a McKinsey Quarterly survey in the field from January 27, 2009, to February 2, 2009, during another round of significant layoffs and falling stock prices. Many respondents say government action has made the economic situation better than it would have been otherwise. Looking ahead, more executives say government help should focus on fostering innovation than on helping existing companies or industries. Most companies, respondents indicate, are still coping with the crisis by cutting costs, and many are also making more use of long-term tactics (such as restructuring) suggesting that they see the global economic turmoil as the new normal.
Posted in Workforce Trends
Tagged Economic Crisis, Economic Forecast, February 2009, Forecast, McKinsey Quarterly, Recession, Study
Poison in the Watercooler: Your Response to Office Drama
This is an article I wrote for Veritas Magazine on the dangers of office gossip and backstabbing. Hopefully you never participate in these types of behaviors, but truth be told at some point we all do.
Article:
If there’s one thing we’ve learned from The Office, it’s that drama for the sake of drama is a normal part of our culture and social dynamic. If Andy’s not running over Dwight in the parking lot, Michael is making a tasteless joke inside.
But even outside network television, we use drama for all kinds of sinful reasons. It’s out of pride, arrogance, vanity, or selfishness, and the list could go on. A lot of the times the drama is aimed squarely at us, and as Christians we have a definite choice to make: How am I going to act and respond?
Posted in Nick Reddin
Tagged Nick Reddin, Office Gossip, Office Politics, The Office, Veritas Magazine
February 2009 Employment News: The Good, The Bad & The Ugly
The good news:
A report released by Challenger, Gray & Christmas said that planned layoffs at U.S. companies decreased by 23% from its peak in January. The report indicated that layoffs could remain particularly high in the automotive, manufacturing and financial sectors. Employers announced plans to cut 186,350 jobs in February, down from 241,749 in January.
The decline in job cuts last month offers some hope that January was the peak and we will now see layoffs begin to fall or at least stabilize,” John A. Challenger, chief executive officer of Challenger, Gray & Christmas, remarked in a statement.
…and the bad news:
The ADP Employment Report showed that 697,000 nonfarm jobs were lost in February as the U.S. recession continues, a wider decline than the 630,000 drop that economists had expected. It was the greatest number of monthly job losses on record.
…and the ugly tired analogy from yours truly:
So depending on your disposition this is good or bad news. If your glass is half empty then none of this is good news in any way. If your glass is half full, then planned February job cuts down 23% will have you dancing in the street to some degree. Or at the very least, a little Mamboing on your way to the kitchen.
Posted in Workforce News
Tagged ADP, Challenger Gray Christmas, Employment NEws, Employment Report, February 2009, Hiring, Layoffs
