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College Grads Enter Tough Job Market Print E-mail
Wednesday, 14 April 2010

Survey: Odds Of Job-Search Success Same Or Just Slightly Better Than Last Year

  Image CHICAGO, April 14, 2010 – A job-market recovery finally may be underway by the time this year’s crop of college graduates collect their diplomas in May and June. However, a new survey by global outplacement consultancy Challenger, Gray & Christmas, Inc. indicates that the job prospects for these grads are about the same or only slightly better than last year’s dismal outlook.

Continued weakness in the entry-level job market could force many newly-minted graduates to accept lower-paying service sector positions or forsake income entirely by volunteering or accepting unpaid internships. Others may abandon the job search, opting to further their education, live at home or travel.

In the Challenger survey, about half of the human resource executives polled said the outlook for this year’s college graduates is roughly the same as last year. Twenty-eight percent of respondents were marginally more optimistic, saying that the outlook is slightly better than a year ago.

On a positive note, less than 10 percent of respondents felt that the job market for this year’s graduates would be worse than last year. Meanwhile, nearly 13 percent said the job market is “much better” than in 2009.

The survey was conducted among approximately 100 human resources professionals in a wide variety of industries nationwide. The two-week survey concluded the first week of April.

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February Job Cuts Print E-mail
Wednesday, 03 March 2010

Planned Job Cuts Drop 41%

42,090 February Cuts; Fewest Since 2006
 
John Challenger
John Challenger
CHICAGO, March 3, 2010 – Monthly job cuts fell in February to the lowest level since 2006, as companies announced plans to reduce payrolls by only 42,090, according to the latest job-cut report released Wednesday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

The February total was down 41 percent from January’s 71,482 announced job cuts. It was 77 percent lower than the 186,350 job cuts announced in February 2009, when the economy was still in the midst of the housing and financial markets collapse.

Downsizing activity peaked in January 2009, with employers announcing 241,749 job cuts, the highest monthly total in seven years. Since then, monthly job cuts have steadily declined, with only a couple of exceptions. Last month’s total marks a new low-point for this downward trend. It is, in fact, the lowest monthly total since June 2006, when employers announced just 37,178 job cuts. 

Through the first two months of 2010, employers announced 113,572 planned layoffs. That is 73 percent below the pace established in the first two months of 2009, when 428,099 job cuts were announced.

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Onward Search Career Cast #4 Print E-mail
Monday, 01 March 2010

Onward Search Career Cast, Episode #4 - Trade Show and Conference Strategies for Job Seekers

Onward Search Career Cast on RecruitingPods.com RecruitingPods.com, my joint-venture with Chris Russell, added a new podcast today from Onward Search, based in Wilton, CT. The "Onward Search Career Cast offers the latest insight and career advice from experts within the Internet marketing and creative space. Onward Search is a leading nationwide provider of web-based talent and offers a full range of recruitment and staffing solutions. "

If you're looking for a career in search engine optimization, interactive design or emerging technologies, then this is the podcast for you!

Compete Transcript Available -- Read More
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Catalyst Awards, 2010 Print E-mail
Wednesday, 24 February 2010

Catalyst Recognizes Initiatives at Campbell Soup Company, Deloitte, Royal Bank of Canada, and Telstra with the 2010 Catalyst Award

 Catalyst Logo NEW YORK – Catalyst announces that initiatives from Campbell Soup Company, Deloitte LLP, Royal Bank of Canada (RBC), and Telstra Corporation Limited are the recipients of the 2010 Catalyst Award, the annual award that honors exceptional initiatives from companies and firms that support and advance women in business. This year’s Award winners, representing a wide range of industries, cultures, and approaches, demonstrate the strong business case supporting women’s advancement to leadership.
 
“These initiatives exemplify our Catalyst vision –‘Changing workplaces. Changing lives’,” said Ilene H. Lang, President & Chief Executive Officer of Catalyst. “They impact the lives of employees, families, and communities by transforming organizations, and serve as models that inspire and encourage others to embrace inclusive workplaces that benefit women, men, and business.”
 
Catalyst Award-winning initiatives are evaluated in a rigorous year-long process against a robust set of criteria: business rationale, senior leadership support, accountability, communication, replicability, originality, and measurable results. This year’s Award winners include a company where women run the largest and most profitable businesses, a second-time Catalyst Award-winning company, a premiere Canadian bank that expanded its women’s initiative to benefit other diverse employee groups, and the first initiative from a leading Australian company. These Award-winning initiatives reflect best practices around diversity, inclusion, and advancement of women to leadership roles and positions of influence.
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Monster Mash: Hot Jobs Print E-mail
Wednesday, 03 February 2010

Monster Buys HotJobs

Image

John Zappe at ERE reported that Monster is buying HotJobs. The news of the $225 million acquisition from Yahoo! was announced Wednesday in New York.


The deal includes a three-year agreement in which Monster will power the career channel on Yahoo’s homepage in the U.S. and Canada. Yahoo will continue to manage the 600+ newspaper advertising and content consortium it has put together over the last several years. Monster, however, will get the recruitment advertising, giving it a print and online network of more than 1,000 daily and weekly newspapers across North America.

Read John's article here.



 
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