Employment: What's Really Going On?
The Age of Women and why we are in a
Emerging culture of sustainability & it’s
impact on recruiting.
How technology is changing the way we
recruit, work and learn.
Unemployment is 10.2% - highest since
Most losses recently in heavy and non-
residential construction. Other losses in
retail: bookstores and sporting goods.
Most gains in health care – added 29,000
jobs in October.
City Postings to
Washington, D.C. 1:1
Baltimore, MD 1:1
Salt Lake City, UT 1:2
San Jose, CA 1:2
New York, NY 1:2
Postings to Unemployed Persons
City Postings to
Rochester, NY 1:7
Las Vegas, NV 1:8
Riverside, CA 1:9
Miami, FL 1:12
Detroit, MI 1:18
Postings to Unemployed Persons
Major Industries Job Postings Annual Change
Accounting 120,742 -16%
Construction 80,913 -34%
Education 100,903 +15%
Financial Services and Banking 192,310 -18%
Healthcare 541,200 -15%
Hospitality 75,056 -1%
Information Technology 232,686 -24%
Manufacturing 79,214 -21%
Media and Newspaper 28,117 -30%
Real Estate 23,537 -4%
Retail 259,814 +2%
Transportation 67,107 -25%
Anything to do with Epidemiology.
Personal financial advisors
Math & statistics
Anything in medical science/nursing
Education administrators/some teachers
Very slow recovery.
Old jobs will not return in large numbers.
Permanent loss of jobs in manufacturing.
Slow, continued gains in health care,
education, computer science.
Increase in temporary jobs –up 34,000 in
July 2009, Contractor Index: 4.13 percent.
For every 100 workers engaged by small businesses, 4.13 are
1099 independent contractors and 95.87 are W-2 employees.
4.13 percent is the high point for the Contractor Index since
Self-employment grew seven times faster
than wage- and salaried-employment
from 2002 to 2006
The Enterprise Center at Salem State College.
Elance.com recently passed the $200
million mark for freelance work delivered
client base of more than 60,000 businesses.
Unemployment June 2009
Men 9.8% Women 7.5%
Simple is good
Just enough is enough
Employers will seek fewer, better people.
Focus on cultural fit
Temp to Perm and other forms of
employment will become more popular.
RPO will gain traction.
Hire and retain for broad-based
Retrain and develop through cross-
functional and rotational experience and
through informal networks.
Redeploy and retrain constantly.
Remove barriers to internal movement.
Deep vertical functional social
Candidate experiences & communication
Social media is now core
Facebook 5 years old w/ 200+ million users
Estimated daily users – 14 million+
Search has begun the path to automation.
Profiles are slowly replacing resumes.
Virtual tours and video interviews will
Online assessment and simulations will
help determine fit and skills.
Much more interactivity and faster
Moves from job boards and intensive
Internet search to. . .
Talent pools and proprietary social
Moves from hunting to attracting via
higher quality branding and CRM.
Goal: Lowering sourcing time to less than
Creating targeted attraction strategies.
Screening for fit/competence.
Building a relationship virtually.
Creating a knowledge base about candidates.
Inviting to apply when appropriate.
Cindy H. White, a communications associate
professor at the University of Colorado in
physical connection is being replaced by cognitive
and knowledge-based relationships.
Instead of sharing space together, people share
thoughts, ideas and feelings.
Read about company in See job posting/read career
Ask friend/neighbor/ VM/IM/Talk to recruiter/other
Mail resume Search for “reviews”
Complete profile online
Call candidate Recruiter
Phone screen Email/IM candidate
Set up face-to-face interview Online/phone screen
Call candidate to update Schedule interview using online
Sit with candidate to make Set up online screening/
Mail formal offer Email candidate status/updates
Email offer to candidate
Engages people to send targeted job invitations
to contacts in their social networks.
Allows you to personalize communications with potential
candidates and to track your communication with them.
Work is getting virtual, companies smaller
Work is being outsourced and automated
at an unprecedented pace.
All traditional ways of thinking about work
and recruiting are being challenged.
Increase in temporary and contract workers.
Very slow growth of regular employment except
for senior level executives.
Focus on upgrading existing positions.
Growing interest to offload some or all of
recruiting to a third party.
Continuing uncertainty about what is “normal.”
Learn about The
Future of Talent
Be a leading contributor to your company’s talent
acquisition and development practices! Participants at the World Café - FOT Retreat 2008
Calibrate your thinking with the edge of tomorrow’s talent trends and
Learn from each other and a team of gurus.
Explore new practices and technologies.
A membership organization offering research, white papers,
consulting and an annual retreat.
Find out more at www.futureoftalent.org
Contact Kevin Wheeler at email@example.com OR
Susan Burns at firstname.lastname@example.org for more information
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