This Week's Herman Trend Alert

Cyberbullying---a Growing Problem
 

  The Herman Trend Alert

January 2, 2008

Job Boards' Successes Herald the Future

The activity of job boards is a predictor of the future of the economy. The number of jobs posted is a forward leading indicator of near-term economic growth. "Our level of job postings is at an all-time high," said Ted Daywalt President and CEO of VetJobs.com, the leading job board for veterans and their families in the United States.

Job boards are involved with organizations just after the decision to add employees. They are the main medium by which employers now advertise for new and replacement workers.

Daywalt details that in 2002, VetJobs barely had 2,000 jobs posted per day. Now the average is 24,000 active jobs per day and he sees his numbers rising. He expects the number of daily active postings to grow to 30,000 later in 2008.

VetJobs' increase mirrors the marketplace as a whole; recently, the Conference Board reported that the number of jobs advertised online in 2007 grew by 9.7 percent over 2006.

Though there are no statistics to separate new from replacement postings, VetJobs' level of increase indicates expansion. Since the U.S. Bureau of Labor Statistics states that voluntary employee turnover has remained constant over the last quarter, we can safely assume that most of the increases are attributable to new job creation.

The increase in job postings reflects the level of corporate confidence. That's why we at The Herman Group feel comfortable in forecasting a slowdown, rather than a recession in the U.S. economy for 2008.

For the last five years, the time between Christmas and New Years for job boards was "totally dead". This year, VetJobs signed on a number of major corporations and their mid-size clients called because they need to hire people "right away".

A few of the hottest job categories: information technology, engineering, water management, computer numerically controlled (CNC) machining, healthcare, and service industries.

"Many companies would like to expand, but are holding off because they can't find the skilled people they need", reports Daywalt. Employers must support local workforce development efforts, if they want to have the skilled workers that they will need to stay in business.


© Copyright 1998- by The Herman Group, Inc. -- reproduction for publication is encouraged, with the following attribution: From "The Herman Trend Alert," by Roger Herman and Joyce Gioia, Strategic Business Futurists. (800) 227-3566 or http://www.hermangroup.com. The Herman Trend Alert is a trademark of The Herman Group, Inc."


DISCOVER WHAT’S REALLY GOING ON...
in the hearts and minds of your employees. Our InnerViews interviewing service uses SPHRs and PHRs, certified human resource professionals to probe for the information you really need to know. Exit and Stay Interviews, as well as Why-Didn't-You-Take-Our-Offer Interviews. Call Rosalie Catalano at 937-416-7066, or read more at: http://www.hermangroup.com/retentionconnection/exit_interviews.html.

MOM ALWAYS TAUGHT IT WAS GOOD TO SHARE
You have probably subscribed to The Herman Trend Alert for a while now and you know how valuable it is to you. Why not suggest that your friends sign up at http://www.hermantrendalert.com? Join the thousands who subscribe in 87 countries around the globe. Are there particular topics you'd like to see covered? Let us know and we will research "The Future of. . .". And let us know how else we may serve you? E-mail: joyce@hermangroup.com.

YOUR EMPLOYEES NEED THEIR LEADERS MORE THAN EVER
Help your leaders to excel. Thousands have used our weekly Lessons in Leadership to help their supervisors and managers remember how to hold onto top talent. The 52-week subscription is only $47, a bargain when you think about the savings to your organization in reduced turnover. Quantity discounts available by emailing Carol at carol@hermangroup.com. Order today at: http://www.hermangroup.com/store/subscription_all.html#3.


Herman Trend Alerts are produced by the Herman Group, strategic business futurists, Certified Management Consultants, authors, and professional speakers.

New subscribers are welcome. There is no charge for this public service. The Herman Trend Alert is received by over 30,000 subscribers in 78 countries, in addition to other websites and printed magazines. Do you enjoy receiving this weekly e-mail update? Contact us about our co-branded Trend Alert service. Click here to sign up for the Herman Trend Alert.


Subscribe or Unsubscribe to weekly Herman Trend Alert
View this week's Herman Trend Alert
Archived Weekly Herman Trend Alerts

                                                                                                                                                                                                                                                                                                                                                                         


[ Home · About · Products · Resources · Media ]

 
7112 Viridian Lane
Austin, TX 78739
Voice: 336-210-3547
Toll Free in US & Canada: 800-227-3566
E-mail: info@hermangroup.com

  © The Herman Group. All rights reserved.

Web site design by WebEditor Design Services, Inc.