Falling Economies, Rising Disengagement Rates

The United States, as we all know, is the strongest and most developed nation on earth. However, with falling economies across the globe, some shocking figures might just throw you off guard and open your eyes wide enough to understand and accept that all that glitters is not gold. I’d like tossed light on hidden unemployment in the U.S., which is not always apparent to the media, government officials or the masses.

The Bureau of Labor Statistics is an autonomous body and the main U.S. government agency that keeps a complete record of labor and job trends on a regular basis. They provide complete statistics and detailed data that inspire most labor policies enacted by the U.S government. Every month they calculate the number of new jobs created both nationally and within individual states. Although these figures are always delayed by a month, they provide a true, clear and concrete picture of the labor and job trends prevalent in the country. Hence, based strictly upon the most recent BLS report released on November 8, 2013, one might be pleased that 204,000 new jobs were created. Furthermore, if we sum up the jobs numbers for the last six months, we get a whooping figure of 1,053,000-jobs created, which sounds really enticing considering many of the government’s policies over the last several years have run contrary to jobs creation. Unfortunately, those figures only focus on those “purely defined” as unemployed.

However, digging more deeply into BLS figures, we unearth that 21.7 million workers in the U.S are either a) unemployed or b) underemployed (people who are not left with an option but to work part-time because they cannot find a full time job) or c) having just given up looking for a job! When those figures are added to the unemployment numbers, the rate explodes from 7.3% to almost 16%! That is 1 in every 6 people you meet on the U.S. streets!

A lot more needs to be done to create jobs. Especially to assist small companies, which is the traditional engine of jobs growth. Many of my clients are small business owners and they regularly convey to me that they wish to add new personnel. Unfortunately, they are afraid of the current government climate including many new regulations that will add a lot of necessary burden to them. Instead, government should lessen the regulatory load on small businesses so we can further expand the jobs market in the U.S.!

Read More

A Strategic Search in the Chicago Job market

What you call employment agencies, are actually “talent hunters”. Don’t you agree? How long is the technical position at your office lying vacant? Are you still looking for the best professional for your R&D department? This is the common issue with all companies, regardless of whether they are small or big. And a recruitment agency is the complete solution for all these hiring needs.

The growing job market, created a wide gap between the employees and the employers. In appropriate advertising procedures and most importantly in accessibility in reaching the prospective candidates slowed down the recruitment drive of various companies, which in turn affected their overall economy. Hence it became inevitable for a recruitment agency, to handle and manage the recruitment drive. And in these moments of crisis, emerged new paraphernalia in the job market: recruitment agency.

If you have an exceptional corporate office and are looking for equally talented professionals, it would be a very tedious process to go through the stereotypic procedure of advertising, screening, interviewing and finalizing job candidates. The job market is flooded with budding talents, and it is quite impossible to separate the best from the rest, unless and until you are a savvy recruiter. In this regard, recruitment agencies are a savior! These agencies are thoroughly aware of the occupational demand within a particular geographical area. Be it in the Engineering job sector or that of R&D, these agencies have a vigil eye on the status of the job demand. They can provide a much wider (and genuine too!) spectrum of prospective target candidates.

Find the right talent with a recruitment agency

Recruitment agencies concatenate the vast market of employees and employers. But they actually work for the employers. They help the employers in finding the right candidates by employing effective search strategies. The most important search strategy employed by them is networking.

Generally networking is done in two ways:

1) Face to face meetings with people.

2) The recent trend, e-networking.

The former one is a traditional way and is not as promising compared to the latter one. Agencies employ e-networking to reach a maximum number of prospective candidates. Use of the proper keywords for attracting the traffic of candidates and giving detailed information about the company are the major aspects of their business portfolio. In other words, they are time savers. Just imagine the total business working hours a company would have wasted in posting jobs, advertising them, scrutinizing hundreds of applications and conducting interviews.

It’s an Endeavor to make the recruitment process much easier and justified too!

They analyze the skills of the candidates and weigh them against the job requirements. In many cases, they also conduct workshops and training sessions for polishing these skills. Apart from this, they also perform a thorough background investigation of the candidates. They examine the employee records for any sort of criminal and civil records such as sexual offences, bankruptcies, lawsuits, DUI (driving under influence) cases.

If you are climbing the corporate ladder, you must have definitely understood the vitality of a recruitment agency (they are even known as placement or employment agency). So wait no more, contact your local recruitment agency and find the right talents for your organization.

Read More