This Week's Herman Trend Alert

The Consequences of Virtual Meetings
 

  The Herman Trend Alert

February 25, 2009

Over a Million Job Postings

While job postings between January 2008 and January 2009 have declined in all industries, there are still almost 1.88 million jobs that require skilled workers. According to a release by Indeed.com last week, the industries that experienced the least contraction were Education and Healthcare. Job postings in these industries declined by nine and eight percent respectively

Indeed.com is one of the aggregators of job postings from job sites, newspapers, associations, and company career pages. The company releases Industry Trends to help job seekers and employers navigate the job market.

Looking at job seeker trends in 12 major industries, Indeed.com's assessment reflects major losses in the numbers of postings in most of the major industries. Not surprisingly, the greatest losses were in Real Estate (58 percent) with Accounting second at 53 percent. The numbers of postings in the other major industries Construction, Banking and Finance, Hospitality, Information Technology, Manufacturing, Media and Newspapers, Retail, and Transportation all dropped by between 43 and 48 percent.

These declines are certainly substantial and reflect a significant contraction in the United States economy. Their Industry Trends report provides a unique perspective on the nationwide job market.

Industry Trends presents a picture of job numbers and job seeker traffic in each industry--- including top job titles, keyword searches and cities--- and their changes over the last year. Industry Trends may help job seekers target their job searches more effectively and improve their chances of getting hired. It may also give employers a better understanding of the supply and demand for jobs in their industries. To read more, visit www.indeed.com/jobtrends/industry.

The other side of this picture, often overlooked except by employers in need, is the demand for skilled workers. In fact the numbers of postings in this report totals to over 1.87 million. The recently unemployed will fill some of those jobs. However, others will continue to be vacant because we simply do not have the trained workers to fill them--- even with a national unemployment rate of 7.6. Employers would do well to take this opportunity to reinforce their pipelines, through the schools or colleges.


© 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."


BACK BY POPULAR DEMAND: RETENTION SPECIALIST PROGRAM
A growing number of people have expressed an interest in attending our Employee Retention Specialist Certificate Program. We'd like to schedule on that's convenient for those who want to attend, but need your feedback to do so. Please place RETENTION SPECIALIST in the subject line and Joyce will personally call you back to schedule the workshop. Or you can call Joyce directly at 336-210-3548 (PDT this and next week).

BUSINESS IS PICKING UP
Most employers are unprepared. The recovery will bring a new set of challenges for employers that have been in prolonged contracted mode. They will need more skilled workers or will need now to begin to upskill their current staffs. But organizations can not engage in Strategic Workforce Planning, when they don't know how. That's where The Herman Group can help. We can help you with your "People Review"----large or small---so that you will know who you will need and when you will need them. . . and we can also guide you to the best sources for the people you will need. For more information, call Joyce at 336-210-3548 or e-mail joyce@hermangroup.com.

FIND OUT WHAT YOUR EMPLOYEES REALLY THINK AND FEEL
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.


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