This Week's Herman Trend Alert

HR in Normal 2.0

  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, 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 Joyce Gioia, Strategic Business Futurist. 336-210-3548 or To sign up, visit The Herman Trend Alert is a trademark of The Herman Group, Inc."

The Association of Professional Futurists proudly presents its annual online learning experiences on Full Spectrum Futures. Network with leading futurists from all over the world. And best of all, it's free to attend, though contributions are encouraged to help defray costs. For more information, visit here.

Excellent translation services from English, French, or German into Spanish. Especially well-versed in medicine/pharma and automobile industries. 5-year Bachelor Degree in Translation. Also editing and proofreading of all kinds of Spanish language documents. Flexible rates, depending on number of words, degree of difficulty/technicality, and turnaround. For an instant quote email Mariana Campora Lesti at or contact her on SKYPE at marianacampora.

Our author Joyce gets quoted in TIME Magazine and other national media on a regular basis. You can, too! Sign up for You will be found by the news media and in Google search: 1. Through your personal search-engine-optimized press room by 39 topics you choose; 2. By news releases pushed out 10 ways including Google News; 3. Be found in the 2020 printed Yearbook of Experts, Authorities & Spokespersons. Save 15% when you register by October 31st @

To read this Herman Trend Alert on the web:

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

New subscribers are always welcome. There is no charge for this public service. The Herman Trend Alert is read by over 30,000 people in 90 countries, including other websites and printed periodicals. Click here to sign up for the Herman Trend Alert.

Do you enjoy receiving this weekly e-mail update? Contact us about our co-branded Herman Trend Alert service.

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: 336-210-3548
Toll Free in US & Canada: 800-227-3566

  © The Herman Group. All rights reserved.

Web site design by WebEditor Design Services, Inc.