Category Archives: Workforce Trends

Companies and Micro-Blogging are Taking Off

Twitter may be great for keeping up with friends (and those you can only dream about having as a contact in your address book), though its lack of security makes it a bit risky for communicating on the professional level. But because more people are relying on the microblogging model for real-time communication, web entrepreneurs are creating premium, private microblogging services for the workplace that are safe from predatory hackers:

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Yammer: Probably more effective (and less tedious) than going through a torturously long status report at weekly staff meeting, Yammer is a “productivity tool” that facilitates a continuous dialogue, within a company or organization, about what everyone is working on. One central feed lets employees pose questions and share information, all without flooding everyone’s inboxes. Each user get a profile, meaning Yammer also serves as a private version of Facebook, minus the incriminating photos and status updates you don’t want your co-workers to see. Access to a network is limited to participants with a company email address, with all content kept private. For added security measures, companies can shell out a nominal fee for administration privileges: This ensures that everything posted remains confidential should you decide to quit Yammering away.

07-29-09-socialtext

Socialtext: While the concept of internal microblogging is still relatively new, the competition between services is heating up. But if the reviews are any indication, Socialtext may be in the lead. In addition to its free, 50-user microblogging platform, Socialtext also recently launched a paid service for companies that allows more users and can be used behind firewalls. For $1 per user per month, subscribers to the service receive a server appliance; the appliance’s hardware runs the microblogging software locally, meaning it can be connected to each company’s own backup system should something go wrong. The external device can also automatically pull in all employee information to instantly create accounts for the entire company – that way, no one can feign tech ignorance as an excuse to avoid being a team player.

Take this Job and Love It

Pew Job Satisfaction

Self-Employed Significantly More Satisfied with Jobs.

Frustrated with your job? You might consider working for yourself. Self-employed adults are significantly more satisfied with their jobs than other workers. They’re also more likely to work because they want to and not because they need a paycheck.

But don’t count on becoming financially secure if you become your own boss. Self-employed men and women have virtually identical family incomes as other workers but they feel more financial stress, according to a recent survey by the Pew Research Center Social & Demographics Trends project.

Still, they like their jobs. Nearly four-in-ten self-employed workers (39%) say they are “completely satisfied” with their jobs, compared with 28% of all wage or salaried employees. And only 5% of all workers who are their own bosses say they are dissatisfied with their employment situation, half the proportion of other workers who are dissatisfied.

About 11% of all working adults ages 16 and older are self-employed, according to data collected by the federal government’s Current Population Survey. Their jobs vary widely, from small business owners and consultants to fishing guides and freelance writers. Included in the ranks of the self-employed are private contractors, artists, construction workers, day laborers, farmers and agricultural workers, as well as doctors, lawyers and accountants who practice alone.

Pew Reasons Why they Work

To read the complete study click here.

Visual: U.S. Unemployment Map by State – July 2009

July unemployment rates exceeded 10% in 15 states, the U.S. Bureau of Labor Statistics reported Friday. Michigan reported the highest jobless rate among all states in July at 15.0%. Other states with unemployment rates of more than 10.0% were Rhode Island, 12.7%; Nevada,12.5%; California and Oregon, 11.9% each; South Carolina, 11.8%; Ohio, 11.2%; North Carolina, 11.0%; Kentucky, 11.0%; Tennessee, 10.7%; Florida, 10.7%; Indiana, 10.6%; Illinois, 10.4%; Georgia, 10.3%; and Alabama,10.2%.

North Dakota registered the lowest unemployment rate among all states in July at 4.2%.

Jobless rates rose year over year in all 50 states and the District of Columbia in July.

The number of U.S. mass layoffs rose 40.5% in July compared with the same month last year, and the initial claims for unemployment insurance related to mass layoffs rose 35.6%, the U.S. Bureau of Labor Statistics reported today.

In July, there were 2,157 mass layoff actions compared with 1,535 in July 2007. There were 206,791 associated initial claims for unemployment insurance in July compared with 152,499 in the same month last year.

The industry with the largest number of initial claims for unemployment benefits from mass layoffs in July was elementary and secondary schools with 20,769 initial claims. Temporary help services was next with 20,377 initial claims.

A mass layoff action involves at least 50 workers from a single workplace.

Visual Unemployment July 2009

Click on picture to enlarge.

College Job Fair Trends

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The article below is from a piece I wrote for the Des Moines Business Record. With the economy being what it is, the typical landscape of hiring and firing have definitely changed. One of the changes I have noticed in particular is at college job fairs. While they have always been interesting, these times have made them even more so.

Article:

One of the things I get to do in my job is stay alert to the trends taking place and shaping the way people hire and fire. I tend to write about these trends when I see something that particularly stands out to me as being different from the norm. To be honest, I have recruited at more job fairs than I care to remember – numbering somewhere in the hundreds, I am sure.

Job fairs are interesting as a whole; it is almost a social experiment. You have people who for the most part just want the free stuff at your booth, you have the people who didn’t bring a resume but want you to interview them on the spot, and you have the people who are going booth to booth with their friends, dressed and acting completely unprofessional and yet wanting you to hire them. On the upside, you do meet a lot of very well-prepared professional people who attend job fairs and make them worth your time.
Click here to continue reading.

Full U.S. Unemployment Picture – July 2009

Below is the A12 chart from the BLS (Bureau of Labor Statistics) for July 2009. The A12 is the most complete picture of what is going in the work force to date. It is often referred to but rarely shown in its entirety. While they do not break it down by individual state this way, the trends per state typically are represented very well by the overall picture.

As you will notice when looking at the chart, you will need to click on it to read it – unless you have some freaky super eyesight thing going on.

A12 July 2009

Click on picture to enlarge.

Mature Workers Seize on Younger Opportunities

Mature-Workers

In a market shaped by mass job loss, mature workers are a critical workforce segment that has been hit particularly hard. Twenty-eight percent of workers age 55 and older who were laid off in the last 12 months found new jobs, the lowest of all age groups. This compares to 71 percent of those ages 25 to 34. A new study from CareerBuilder shows mature workers are expanding their job search to include entry-level positions, internships, relocation and other options to secure gainful employment – and employers are open to it.

Starting Over at Entry-Level
The majority (63 percent) of workers age 55 and older who were laid off in the last 12 months said they have applied for jobs below the level at which they were previously employed; 44 percent have been told by employers that they are overqualified.

In an effort to bring in a steady paycheck and get their foot in the door with a new organization, mature workers are now competing with recent college graduates and other new entrants to the workforce for entry-level positions.

One-in-four employers (26 percent) reported they have received applications from workers over the age of 50 for entry-level jobs (but not retired); an additional 11 percent have received entry-level applications from retirees. The vast majority of employers (65 percent) said they would consider experienced candidates who apply for jobs for which they’re overqualified.

Applying for Internships
Mature workers are also exploring internships as a way to land a longer term employment opportunity. Seven percent of employers reported mature workers have applied for internships at their organizations. Four percent have hired mature workers while 55 percent would be willing to consider mature workers for internships.

Considering a New Location
Embarking on a new adventure by moving to a new location is another option for some mature workers. Of mature workers who were laid off in the last 12 months and did not find a new job, 41 percent stated they would consider relocating to another city or state to find employment.

Becoming Their Own Boss
Some mature workers are using a challenging job market as a catalyst to entrepreneurship. Of mature workers who were laid off in the last 12 months and did not find a job, 23 percent are considering starting their own business.

“Mature workers offer a wealth of knowledge and experience that has translated into a significant competitive advantage for employers,” said Rosemary Haefner, Vice President of Human Resources at CareerBuilder. “Employers are considering mature job candidates for a variety of positions ranging from entry-level to senior-level to consultants to leverage their intellectual capital and mentor other workers. Twenty-nine percent of employers have hired a worker age 50 or older for a permanent position within their organization over the last six months.”

Of those mature workers who were laid off in the last 12 months and found another job, 26 percent took a job in another field with the vast majority (75 percent) reporting that they are enjoying the experience. In terms of compensation, 40 percent landed positions with similar pay and another 13 percent found jobs with a higher compensation rate than what they were previously earning. Forty-eight percent took a pay cut.

Postponing Retirement
In addition to applications received by mature job candidates, employers are also receiving requests from staff members to stay with the company longer. One-in-five employers (21 percent) reported, over the last six months, current employees approaching retirement age have asked them to postpone their retirement. Of that 21 percent, the vast majority (86 percent) said their organizations are open to postponing retirements, pointing to the following benefits:

  • Employers want to hold on to their intellectual capital (65 percent)
  • Mature workers can help train and mentor others (61 percent)
  • Mature workers know how to weather a tough economy (42 percent)
  • Employers have more time to transition responsibilities (36 percent)

CareerCast.com/JobSerf Employment Index Shows Largest Monthly Gain Since 2008

Career Cast Posting by Region

The CareerCast.com/ JobSerf Employment Index, which measures managerial recruitment activity across the United States, found that the number of online job openings in July for C-level, VP, Director and Managerial candidates improved for the third month in a row with the largest monthly gain since January 2008.

 Job listings in July were up 17.8 points, following a rise of 3.8 points in June and 15.2 points in May. The number of executive and management-level job openings posted online had an index value of 78.2 in July, 60.4 in June 2009, 56.6 in May 2009, and 41.4 in April 2009. Although unemployment may continue to rise in the short-term, white-collar candidates are seeing more opportunities than since the beginning of the downturn last fall.

 Job listings for all levels of management improved this month, with manager and director-level jobs rising approximately 20 points. VP-level jobs rose 14 points and C-level rose 7 points.

 Washington D.C. leads the top metropolitan areas in online job postings with one and a half times as many job listings as second-ranked Boston. Seattle, Chicago and San Francisco round out the top five with the highest number of managerial online job listings per capita.

Regionally, the West had the strongest gains, moving from 55.9 to 75 points (19.1 point gain), although it still lags behind the Northeast at 87.5 (18.9 point gain), the Southwest at 88.1 (18.7 point gain), and Southeast at 80.3 (15.9 point gain), while the Midwest at 72.4 (11.5 point gain) is still losing ground in comparison.

“While all regions saw a rise in hiring, cities with the lowest hiring levels are concentrated in the Midwest, Southwest and Florida,” says Jay Martin, JobSerf’s chairman. “Although the Index is still 22 points lower than it was a year ago, the gap is slowly closing. We are encouraged at both the direction and magnitude of July’s gain. It shows the positive recovery, which started in the late spring, is still continuing.”

Is the Tide Changing for the Older Worker?

Wharton_logo

Rising unemployment is taking its toll on older managers, who are more likely to be laid off and may stay that way longer. Middle-aged employees will find it harder to get a job, compared to younger workers with newer skills, experts say. But the tide may be beginning to change.

U.S. recessions since the oil crisis in the early 1970s each had their own special causes and victims, but they also had something in common: They were over relatively quickly.

The current downturn, however, is deeper and already longer than any since World War II. This spells trouble for one especially vulnerable group — managers in their 40s and early 50s.

They tend to be more expensive than their younger counterparts; they may lack some of the high-tech savvy needed to succeed in a more efficient workplace; and they face a downsized job market that will stay that way much longer than usual.

Even in a “normal” downturn, the job market is a “lagging indicator” (meaning it does not show improvement for several quarters after the start of a recovery). And the current recession is anything but normal.

According to Wharton finance and statistics professor Francis X. Diebold, co-director of the Wharton Financial Institutions Center, the employment picture is closely aligned with the depth of the recession.

If the recession really did bottom out in February or March, and if we stay on track and start growing at a positive rate by the end of this year — which is by no means certain — it could still be 2013 before we see some significant employment optimism.

A generation ago, says Wharton management professor Peter Cappelli, director of Wharton’s Center for Human Resources, “layoffs at this level were temporary. Not now.”

Even if an equivalent job were open at another company, that company will most likely not fill the position or will hire from within. In addition, Cappelli notes, in the 1990s, the economy experienced a “big wave of startups that would take on corporate people who had lost their jobs or bailed out of them. These days, we don’t see those smaller companies on the horizon.”

To continue reading click here.

Less Unemployment for the Well Educated

As you can see from the graph below, the better the education the better the odds that you are still employed. As I said about a similar graph, this is one you want to print out and put on the fridge at home to help your kids understand the importance of education.

Education and Unemployment(2)

Click to make larger.

Full U.S. Unemployment Picture (Even the Hidden Numbers)

There are a lot of numbers and percentages thrown around in the world of employment, especially as it relates to unemployment. There are no shortage of people talking and writing about typical unemployment numbers as though they are an Area 51 conspiracy. The talk typically swirls around the ominous U6 unemployment number, and that everything else that is released is smoke and mirrors. The articles have a very Illuminati sound and intrigue attached to the words.

 While the U6 numbers are not talked about a whole lot, they are also not top secret. They are part of a list of unemployment numbers that give a full picture of the current state of unemployment. So does that mean the traditional percentages we hear are wrong? No, those percentages are accurate. As you will see the U6 includes a lot more data and information in its rendering. So in my quest to expose the on-going mystery’s in the world of work, I present to you the U6 — and a bunch of other unemployment data.

A12 May 2009

Click the image to make it larger.

Visual: Growing Industries – What’s Hot? What’s Not?

As usual my friends over at Indeed.com have some great information to help you pinpoint your job search. Below is the graph for May 2009 and while everything is at a minus the best bets for opportunities are probably not a surprise. Education and Healthcare are leading the pack - nonetheless the overall amount of postings for jobs out there is encouraging (1,873,158).

If you are not familiar with Indeed.com I would encourage you to add it to your repertoire of job sites. I would also be remiss if I did not mention our own job board at manpowerjobs.com which will put you in touch with the latest and greatest job openings from Manpower.

Indeed Major Industries Graph May 2009

Does the World Need More Engineers?

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“Imagine what life would be like without pollution controls to preserve the environment, life-saving medical equipment, or low-cost building materials for fighting global poverty. All this takes engineering,” states the National Academy of Engineering’s Web site for high-school girls and the adults in their lives.

Engineering is vital to problem solving and, as a career, offers an opportunity to make a real difference in the world. Using stories of real women and student peers engaging in these activities, the program encourages more young women to enter the field in all its varieties, such as civil, aeronautic, biomedical, environmental, industrial, and computer engineering.

Resources for counselors, teachers, parents, and adult engineers are also available at the site. “In very real and concrete ways, women that become engineers save lives, prevent disease, reduce poverty, and protect our planet,” it states. “Dream Big. Love what you do.

Bonus Click: Become an engineer.” http://www.engineergirl.org/ for middle-school girls.

Economic Downturn Rattles Younger Workers While Older Employees Tough It Out

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Younger workers are bearing the brunt of the current economic crisis, while older employees show greater resiliency in a recession-battered workplace where employers seek to do more with less, according to a new study by Boston College’s Sloan Center on Aging & Work.  

The onset of the greatest economic crisis since the Great Depression has negatively altered perceptions about job security, supervisor support, job quality, inclusion and overall employee engagement in the workplace, according to the new report, “The Difference a Downturn Can Make,” part of the Center’s far-reaching Age & Generations Study. And as businesses strive to cut costs and increase productivity, American workers are reporting they are overloaded.

 Looking across different generations of workers, researchers found employees of all ages reporting a drop in employee engagement, a measure of how invested and enthusiastic employees are in their work. While employees overall report declining engagement, older workers in this study appear to be weathering the economic storm better than their younger peers.

 Workers among “Generation Y” — ages 26 and younger — report the greatest decrease in engagement. Those slightly older workers in “Generation X” — ages 27 to 42 — reported less of a decrease, while Baby Boomers and older “Traditionalists” — ages 43 or older — reported that their levels of engagement hardly changed at all.

 America’s older workers show all the signs of being more resilient in the face of threatening economic conditions, drawing on hard-earned experiences from the downturns of the past and a battle-tested perspective on the peaks and valleys of the market.

 ”Some older workers have seen it all, and that gives them experiential resilience,” says Marcie Pitt-Catsouphes, director of Boston College’s Sloan Center on Aging & Work. “Younger workers just don’t have the depth of experience, which leaves them feeling less engaged in their jobs. But younger workers bring energy, enthusiasm, and idealism. In a workplace where older and younger employees work side-by-side, the give and take between young and old is a valuable resource employers should leverage to survive the downturn.”

 Researchers at Boston College’s Sloan Center on Aging & Work report other findings from the Age & Generations study that suggest: 

  • Perceptions of engagement, supervisor support, inclusion, and job quality declined after the onset of the economic downturn for employees who felt that their job security had decreased, but it stayed the same or only slightly declined for those whose job security had stayed the same or increased.
  • Those whose job security decreased or stayed the same experienced a slight increase in work overload after the onset of the economic downturn, whereas those whose job security increased experienced a slight decrease in work overload.
  • Those whose job security decreased perceived a slight decrease in team effectiveness after the onset of the economic downturn, whereas those whose job security increased experienced a slight increase in their perceptions of team effectiveness.
  • While younger workers felt the effectiveness of their work team as a whole dropped as their job security declined, older workers felt the effectiveness of their team held steady even though they too reported a decreased sense of job security. 

In tough economic times, the multi-generational American workplace requires employers to take cost-effective steps to support their workers. It isn’t enough for employees to be grateful for their jobs; according to one researcher, employers need to show they are grateful to the employees that keep them in business.

“Employee engagement can be greatly enhanced by simple and cost-efficient efforts,” adds Christina Matz-Costa, research associate at the Sloan Center and one of the study’s authors. “Providing strong training and development opportunities, encouraging work team inclusion, and promoting a culture of workplace flexibility and supervisor supportiveness are all effective strategies that can maintain or boost engagement.”

To download a PDF copy of the full report click here.

Corporate Casual is the Latest Casualty

business_record

I recently wrote an article for the Des Moines Business Record dealing with what is appearing to be the demise of Corporate Casual (to some degree). In these times of stress and economic hardship it is interesting how it is affecting what people wear to work.

To your possible dismay I do make my case for why the demise or at least shake-up of Corporate Casual is definitely a good thing. While personally I am for Casual work environments I think when you see my reasoning you will join me in my opinion.

Click here to read the article.

A Pressure Cooker in the Economy?

pressure_gauge_pressure_cooker

With employment and inventory cut to the bone, there could be some scrambling in the manufacturing sector amid a recovery.

The manufacturing sector showed strong signs of life for the month of May, based on data from the Institute of Supply Management. Manufacturing along with construction have been by far the worst-performing sectors this recession, so it was particularly pleasing to see such a sharp improvement.

The ISM Composite Index for manufacturing improved from 41.1 to 42.7 between April and May. The index has been up every month since December 2008, when the index bottomed at 23.7. Generally an extended reading above 41.2 is consistent with growth in GDP. The complete survey (not the index) shows data on nine categories ranging from new orders to backlogs and pricing. Seven of the nine categories showed improvement in May, with employment basically flat and inventories down. Although counted as a negative in the index, we view declining inventories at this point in the cycle as creating long-term growth potential as businesses are forced to restock inventories that are too low.

The new orders component of the ISM report was particularly positive, increasing to 51.1 in May from 47.2 in April. This statistic indicates that companies reporting an increase in orders exceeded companies reporting a decline in orders. This is the first month in the last 17 that this index has been above 50%. Just as importantly, nine of 18 industry sub-groups showed improving order trends, so the trend appears to be broadly based. The new orders component of the ISM index typically leads an economic recovery by just over four months. Given that the index bottomed in December, the economy could have bottomed as early as May based on this metric.

Supplier deliveries, also known as order lead times, increased in the month from 44.9 to 49.8. This particular part of the index is closely watched because it is one of the key indicators in the Conference Board’s Leading Economic Indicators.

The qualitative comments in the ISM release were also very interesting. One respondent indicated, “Some amount of havoc is about to erupt, with companies pushing for increased capacity as suppliers have taken capacity off line.”

To continue reading click here.

532,000 Private Sector Jobs Lost in May

This does not include public sector jobs. The jobs report on Friday should be interesting: U.S. private employers chopped more than half a million jobs in May, signaling job conditions remain tough and dashing some hopes the economy was not deteriorating as rapidly as thought, a report on Wednesday showed. U.S. companies axed 532,000 jobs last month, though this was fewer than the revised 545,000 jobs lost in April, according to the ADP National Employment Report.

ADP Chart May 2009

Click on picture to enlarge.

Bright Prospects for Blue Collar Careers

blue-collar-green-jobs

The voices of reason (like our parents) have long proclaimed that a
college education is the only (or the best) key to future success. That
may no longer be true, suggests millionaire landscaper Joe Lamacchia,
author of BLUE COLLAR AND PROUD OF IT.
 
Academia does not suit every temperament, and many industries require
different skills than those that one can obtain in a lecture hall,
library, or lab. The good news for more hands-on learners and workers
is that more jobs are opening for those without a bachelor’s degree.
 
In the United States, more investment in repairing crumbling
infrastructures will create growing demand for skilled trade workers,
argues Lamacchia. Especially compelling will be the so-called “green-
collar” work in environmentally conscious industries such as hybrid car
manufacturing, green construction, organic farming, sustainable
fishing, and eco-friendly landscaping.
 
SOURCE: BLUE COLLAR AND PROUD OF IT by Joe Lamacchia (HCI, 2009)

Visual Map: U.S. Unemployment Rates by State April 2009

Unemployment Rates by State April 2009

Click on picture to enlarge.

Outlook for Recent Grads Looking Up!

grads, graduates Job Trends grads jobsgraduates jobs

With the Graduation season upon us I was curious to see what the outlook for new Graduates looked like, as I turned to Indeed.com to help me do this I have to admit I was really surprised by the results.  Most of the articles that I have read, had led me to believe there would be little to no opportunity for graduating seniors. When doing a search within Indeed.com however I found over 224,670 opportunites within the U.S. and as you can see from the chart above, this is a growing segment. I believe that is welcome news and I am certainly glad to see the trend.

That is the good news.

The other side of the coin could be that the reason the trend is growing is that employers are wanting to replace more expensive laid-off workers with new hires that cost far less. While I do not really know the reality of that, I definitely know that is a thought among older candidates looking for work.

So what do you think?

Education Pays Off Big – Even In A Recession

First of all let me state that education is never a bad idea. If you think it is or you are wondering whether or not to return to School – let me answer it for you quickly and succinctly; Go Back to School. As you can see below, even in tough times the ones with a College Degree are faring much better during the recession than those that don’t. So if you have been laid-off and are thinking of going back to school or finishing school, all I can say is the numbers would support it. For those of you like myself that have children at home, print out this graph and put it on the fridge to remind them of why education is important.

college-level-unemployment-mar-2009

Click on Picture to enlarge.