This Week's Herman Trend Alert

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  The Herman Trend Alert

March 9, 2005

Feeling the Pinch

Employers are beginning to feel the tight labor market. Our ongoing research with a wide range of employers throughout the United States and in a number of other countries confirms that finding, recruiting, and hiring qualified people is becoming more challenging. Stories we hear move us to say, "MUCH more challenging."

The number of job openings is increasing---at all levels. Recruiters are more aggressive now, seeking qualified people to work as executives, managers, technicians, production workers, salespeople, drivers, mechanics, and many other jobs. One FORTUNE 500 company has 7,000 openings; another needs 8,000 over the next six months. Retained search firms have difficulty finding qualified senior executives.

Human resource professionals report noticeable increases in employee departures. In several cases, we heard stories about several people leaving at once in pre- planned team resignations. Some angry workers want to make a statement; they want their employers to know that they are not happy with the way they have been treated during the past four years.

Electronic job boards report a significant increase in the volume of resumes. Aside from Monster's campaign to gather more resumes with a $50,000 prize incentive, the flow has grown considerably. Activity in the employment market is much stronger than it was just a couple of months ago. The difference is obvious. That change is important for trend-watchers who forecast future conditions. We confirm our forecast that this year will see unprecedented employee turnover and serious shortages of skilled workers.

Data from the US Bureau of Labor Statistics reinforce this trend. This agency reports that total domestic employment enjoyed an almost steady climb from February 2004 to January 2005, rising from 138,334,000 to 140,241,000: 1,907,000 people gained employment in less than a year. These seasonally adjusted statistics cover all employed persons ages 16 and over. Under these circumstances, increased attention to changing jobs is not surprising.

This phenomenon is not limited to the United States. The same challenges are being experienced around the world. Our contacts in other countries report that employers in their regions have trouble filling positions requiring skills and leadership ability as well.


© Copyright 1998- by The Herman Group, Inc. -- reproduction for publication is encouraged, with the following attribution: From "The Herman Trend Alert," by Joyce Gioia, Strategic Business Futurist. 336-210-3547 or http://www.hermangroup.com. To sign up, visit http://www.HermanTrendAlert.com. The Herman Trend Alert is a trademark of The Herman Group, Inc."

FOLLOW IN JOYCE'S FOOTSTEPS: GET BOOKED ON TV RIGHT AWAY
On March 1st, Joyce graduated from Clint Arthur's Celebrity Launchpad. Since then, she has made twenty appearances on local television stations, including Fox San Diego and CBS Las Vegas. You can see most Joyce's appearances on her travel website at http://www.RoadWarriorInsights.com/news-and-media. You can do it, too! If you sign up for Celebrity Launchpad, you will qualify for a free coaching session from Joyce in your chosen area. Launchpad's are held monthly, but space is limited. For more information, call Joyce at 336.210.3548.

EMPLOYERS: FIND GREAT EXPERIENCED EMPLOYEES ON VETJOBS
VetJobs.com, the largest military job board, can be your competitive advantage. Veterans make great employees. They are dedicated and hard-working and many have advanced skills. Call 877-838-5627 or email info@vetjobs.com. Mention Trend Alert and receive a 10% discount on your first listing.

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AMAZING FOOD SUPPLEMENT NOW AVAILABLE
Joyce could hardly believe her eyes when she saw her husband's lab results. Her husband, who had recovered from colon cancer had been in chemo for six months, but after that he wasn't getting better. On top of that, his CEA (Carcino Embryonic Antigen) Marker has jumped to 8.5, a cause for concern and more tests. Joyce asked the doctor for 30 days to see what she could do without more tests and treatment. One month to the day later, his CEA was at 4.8; one month after that, it was 4.3 and now six months later, it is 3.8 (copies of all lab results available upon request). And the only thing he did differently was to take a miraculous new food supplement. Somehow, it normalizes body function by bringing energy to the cells. It has been found to lower cholesterol and blood pressure, and even reduce blood sugar to normal levels. For more information, call Joyce at 336.210.3548 or email her at joyce@hermangroup.com.

To read this Herman Trend Alert on the web: http:// www.hermangroup.com/alert/archive_8-26-2015.html.


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