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Hiring Slows and Job Seekers Work Harder to Find Jobs: Recruiters Can Play Crucial Role in Today's Job Market

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Hiring is down during the first quarter of 2008, one sign of the current economic crisis in the United States. As employers hire less, job seekers, whether recent graduates or victims of layoffs, are being forced to intensify their job searches. Accordingly, recruiters are in a prime position to step in and help job seekers find jobs.

A Tough Job Market in 2008

Manpower, Inc., a leader in the employment services industry, including in recruiting, placement, training, and consulting, recently released its quarterly Employment Outlook Survey. The results of the survey, which queried 14,000 companies in the U.S., showed that 14% of employers plan to hire during the next quarter, down from 17% in the first quarter. The U.S. Department of Labor lent credence to these findings with its report that payrolls in the U.S. declined by 63,000 in February. With such a tough job market being projected, job seekers will find it difficult to find jobs. Recruiters can step in and help job seekers locate openings and negotiate with employers to hire candidates.

Job Seekers Intensify Their Job Searches as Hiring Trends Tighten: Recruiters Can Help Job Seekers Who Are Serious about Their Job Searches

Job seekers will intensify their job searches during the next three months, according to the annual Job Satisfaction and Retention Survey from The survey found that 57% of U.S. workers will be looking for work in the next quarter, although it was not made clear how many of those searching for jobs would be doing so as a result of layoffs. The survey did identify the top five reasons why workers decide to make a move. Inadequate compensation was the most common reason, with 27% of respondents selecting it as the top reason to change jobs. Recruiters stand to gain from such surveys. Understanding the needs of job seekers will better equip recruiters to find candidates and place them.

Recent Graduates New to the Job Market Face Challenges: Recruiters Can Help Recent Graduates Enter the Job Market

Recent graduates will have the hardest time finding a job in the current job market, according to one study. As employers tighten their hiring, they will be even less likely to hire new or recent graduates with little to no experience, as training these job candidates would be most costly. This may come as no surprise to college students. One recent poll found that college students are deeply pessimistic about the current job market. Over the past six months, the poll has shown that 64% to 75% of students believed it would take about three months to find a job upon graduation. That percentage jumped between February and March by almost 10%, indicating that recession fears are increasingly on the minds of college students. Recruiters, however, can help new and recent graduates enter the job market.

Recruiters Are In a Prime Position to Help Job Seekers in the Tough Job Market

With hiring slow now and experts forecasting even slower hiring ahead, job seekers will have a difficult time finding openings in the near future. New and recent graduates will have a tougher time as employers are hesitant about training inexperienced candidates due to high costs. Recruiters can step in and help both job seekers and employers. Recruiters can help job seekers find those rare job openings while also helping employers find candidates who will be good investments
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Popular tags:

 workers  no surprise  job market  job searches  industry  trends  job satisfaction  United States  employers  consulting

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