Eric Winegardner: Recruiting & Placement Strategies
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Placement & Recruiting in Today’s Employment Landscape PRESENTED BY: Eric Winegardner VP, Client Adoption March 30, 2011 Pearson Learning Solutions Summit
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Transcript of Eric Winegardner: Recruiting & Placement Strategies
Placement & Recruiting in Today’s Employment
Landscape
PRESENTED BY:Eric Winegardner
VP, Client AdoptionMarch 30, 2011
Pearson Learning Solutions Summit
Agenda
Current Employment LandscapeAttempt to Foresee the FutureOpportunities around PlacementOpen Forum Q&A
ATTEMPT to steer clear of Social Media > Leave that to Juliette!
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SAILING ON THE WINDS OF CHANGE
Macro Economic Indicators
National Unemployment Rate• 8.9% in February, 13.7 million jobless individuals
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Unemployment by Duration
60% unemployed longer than 15 weeks; 8.2 million16% unemployed 15-26 weeks; 2.2 million44% unemployed MORE than 27 weeks; 6+ million
17.5% unemployed less than 5 weeks; 2.4 million
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Unemployment Rate by Education Level
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2
4
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10
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No HS HS Diploma Associates BA+
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13.9%
9.5%7.8%
4.3%
8.9%
Trends in the Unemployment Rate
National Association of Colleges and Employers – June, 2010
Monthly Payroll Growth
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Payroll Employment Growth
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Other Interesting Data from February
Additional 2.7 million Americans marginally attached to the workforceTotal of 6.4 million Americans who want work, but aren’t considered unemployed
6.9 million MULTIPLE Job Holders; 5% of workforce> 3.5 million hold 1 FT & 1 PT job> 1.8 million hold 2 PT jobs> 222,000 Americans work TWO FULL-TIME JOBS!
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Online Recruitment Activity Continues On Path Of Year-on-Year Growth
About the Index: The Monster Employment Index provides HR professionals and labor market observers with a monthly snapshot of online job demand and employer recruitment activity. With traditional help-wanted advertising migrating online and nearly every Fortune 500 company utilizing online recruiting, the Monster Employment Index is uniquely positioned to contribute valuable data complementing official labor statistics. Tracking online job postings for positions to be filled within 30 to 60 days, the Index is an important leading indicator of labor market performance. Note that for each index series, the baseline value of 100 represents the average of the first 12 months of data.
JAN 10 FEB 10 MAR 10 APR 10 MAY 10 JUN 10 JUL 10 AUG 10 SEP 10 OCT 10 NOV 10 DEC 10 JAN 11
Y-O-Y GROWT
H
114 124 125 133 134 141 138 136 138 136 134 130 122 7%
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The Developing Trend
February MEI Data
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Full Reports Available Online at:http://about-monster.com/employment/index/17
Site: Resource Center – Market Intelligence
March Data Released tomorrow!
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Evolving World of Work
The New World of Work
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The New World of Work
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Undergraduate Plans After Graduation
National Association of Colleges and Employers – June, 2010
““Stuff” You Stuff” You Like to DoLike to Do
““Stuff” You’re Stuff” You’re Good atGood at
““Stuff” Stuff” Someone Someone Will Pay Will Pay
You to DoYou to Do
Your CallingYour Calling
A new way of looking at work?
EnvironmentEnvironment
Does this change things?
Qualifying the Applicant?Supporting the Student?Placing the Graduate?Retaining the Employee?
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A Look Into the Future
BLS 2018 Projections-Change in Occupational Group
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BLS 2018 Projections-Change in Service Providing Industry
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BLS 2018 Projections-Change by Education/Training Category
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BLS 2018 Projections-Fastest Growth Occupations
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BLS 2018 Projections-Fastest Growth Occupations- Numeric
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Don’t we need better data than this?
MORE TO COME!
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Questions?
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