Tuesday, July 7, 2009

What do recent increases in the unemployment rate mean for staffing?

On July 2, the Bureau of Labor Statistics reported an increase in the unemployment rate to 9.5 percent, reaching its highest number since 1983. The Labor Bureau also went on to report that the number of unemployed persons has increased by 7.2 million since the start of the recession in December 2007.

According to the Labor Bureau statistics, "job losses were widespread across the major industry sectors, with large declines occurring in manufacturing, professional and business services, and construction."

At a time when jobs seem so scarce, increased numbers of top-quality job candidates are becoming immediately available. Recruiting offers continual opportunities for these individuals, who can serve as a reliable source for staffing placements.

According to an article published on ERE, “there is evidence that while monthly job losses have eased since the winter, the economy is not yet in recovery.”

Recruiting provides options that are easier, more cost effective and less permanent through outsourcing and staff augmentation solutions. Companies can save time and money while producing the best results with these top-quality job candidates.

We will discuss the important role of the recruiter in the hiring process. What characteristics make an exceptional recruiter?


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