Comments on: job board heads sound-off on economy, future http://www.cheezhead.com/2007/09/11/job-board-future/ Insight and opinion from the world of employment. Sun, 20 Jul 2008 07:05:30 +0000 http://wordpress.org/?v=2.5.1 By: Willy http://www.cheezhead.com/2007/09/11/job-board-future/#comment-49011 Willy Wed, 12 Sep 2007 13:16:33 +0000 http://www.cheezhead.com/2007/09/11/job-board-future/#comment-49011 I'm just not sure how clear the consensus is on the economic troubles yet, it's definitely a unique situation that we haven't really seen before. The 2001 downturn came from an artificial high of overhyped businesses being valued at insane levels, now that seems to have happened with housing, but it certainly hasn't been quite that crazy. It's possible that the internet might be a safe haven (along with doing business internationally) through a future downturn, since online businesses have matured and seem to be on more solid footing now. After 2001, a lot of the losses were held by businesses, but this times it seems like individuals took the hit. Anyways, what I'm saying is that its way too complex to make predictions at this point. This "Goldilocks" economy has been weird, and I think that the "recession" after it will be a new experience for all. In fact, some say we're already in recession domestically, but its positive growth because of the robustness of overseas business. If there is a downturn that significantly affects employment, I could just as easily see two scenarios. Companies may just use the big three job boards and play very conservatively, or they may realize that they can get better results with the smaller guys and search for value. Or maybe it will get so bad that jobs won't have to be posted and it will be like posting an NYC apartment on Craigslist with 30 people showing up at 8 AM the morning its posted. I’m just not sure how clear the consensus is on the economic troubles yet, it’s definitely a unique situation that we haven’t really seen before. The 2001 downturn came from an artificial high of overhyped businesses being valued at insane levels, now that seems to have happened with housing, but it certainly hasn’t been quite that crazy. It’s possible that the internet might be a safe haven (along with doing business internationally) through a future downturn, since online businesses have matured and seem to be on more solid footing now. After 2001, a lot of the losses were held by businesses, but this times it seems like individuals took the hit. Anyways, what I’m saying is that its way too complex to make predictions at this point. This “Goldilocks” economy has been weird, and I think that the “recession” after it will be a new experience for all. In fact, some say we’re already in recession domestically, but its positive growth because of the robustness of overseas business.

If there is a downturn that significantly affects employment, I could just as easily see two scenarios. Companies may just use the big three job boards and play very conservatively, or they may realize that they can get better results with the smaller guys and search for value. Or maybe it will get so bad that jobs won’t have to be posted and it will be like posting an NYC apartment on Craigslist with 30 people showing up at 8 AM the morning its posted.

]]> By: gowri http://www.cheezhead.com/2007/09/11/job-board-future/#comment-49003 gowri Wed, 12 Sep 2007 12:47:58 +0000 http://www.cheezhead.com/2007/09/11/job-board-future/#comment-49003 By the way check this company MDFI. Their stock is set to increase because of their association with Apple iphone and Complete Care Medical. Find more about this company and stock http://www.growurmoney.com/medefile/ By the way check this company MDFI. Their stock is set to increase because of their association with Apple iphone and Complete Care Medical. Find more about this company and stock http://www.growurmoney.com/medefile/

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