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Tuesday, July 21, 2009

 

Job Listings Continue to Fall in May

The national unemployment rate continued to rise is June, increasing 0.1 percent from May's 9.4 percent to 9.5 percent. This marked the 9th consecutive month of growing joblessness. Considering this, it is no surprise that job listings and other indicators showed further signs of decline during the month.

According to a recent report from the Conference Board, its Employment Trends Index (ETI) saw another moderate decline in June. Last month it lost 0.8 percentage points, falling from May's 89.1 to 88.4. Currently the Index is down 21.6 percent from the same month last year.

"Compared to the beginning of the year, the decline in the Employment Trends Index has significantly moderated, and we therefore expect job growth to resume around the end of the year," said The Conference Board's Senior Economist Gad Levanon in the press release. "However, over the last month, leading indicators of employment were mostly disappointing, suggesting the Employment Trends Index is still seeking a bottom."

During the month of June the indicators the Conference Board utilizes to create its ETI reported a mixed picture, which is why the decline was only moderate. Indicators that showed decline included: the percentage of respondents that they find "jobs hard to get", the number of employees in the temporary-help industry, industrial production, real manufacturing and trade sales and job openings.

The Employment Trends Index uses eight separate labor-market indicators, all of which have been found to be accurate in their own right. Afterwards, these areas are combined to give a better picture of the current hiring situation. By doing this, the Conference Board is able to get a better picture of whether or not the number of job listings and other factors affecting the job market are actually declining. It also enables them to see what the trends really are.

The eight areas that come together to create the index are: the percentage of people polled who say that finding a job is difficult (The Conference Board Consumer Confidence Survey), Claims for Unemployment Insurance (U.S. Department of Labor), the number of employees hired on a temporary basis (U.S. Bureau of Labor Statistics), the percentage of firms that are not able to fill positions at the time (National Federation of Independent Business), the number of people hired by temp agencies (U.S. Bureau of Labor Statistics), part-time workers hired for Economic Reasons (BLS), job listings (BLS), Industrial Production (Federal Reserve Board) and Real Manufacturing and Trade Sales (U.S. Bureau of Economic Analysis).

The Conference Board will be releasing its next Employment Trends Index at 10:00 am on August 10th. This report will highlight the condition of July's job market. The Conference Board releases its ETI each month on the Monday after the Friday that the Bureau of Labor Statistics releases its employment situation report.

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Visual Job Ads On HealthcareJobsOnDisplay.com

According to data from the Bureau of Labor Statistics, there are many cities throughout this nation where the only regularly occurring employment growth is in the healthcare industry. While others are struggling to find work, professionals in this sector continue to have options. For many in healthcare, the big question is which job search site to use.

A new Web site, HealthcareJobsOnDisplay.com, hopes to answer this question. Launched on the 13th of this month, the creators of this site put almost a year into its preparation, research, design, development, programming and testing.

Since many studies have found that the average Internet user is more drawn to visual images than they are words by themselves, HealthcareJobsOnDisplay.com has decided to market job listings as graphic ads. According to a recent press release, the company believes this benefits employers in two different ways. Not only are they able to advertise their available jobs, but they also have the chance to make their personal brand visible.

These highly visible ads make searching for a healthcare job easier. More information is available in a format that is easily processed by the human eyes, which means that the days of having to squint at small print on a computer screen are over.

"Our search function is the most important piece of the puzzle and we wanted to be different, not like every other job board out there, so we made sure that Branded, Creative, Display ads populate from the 1st search and it's all right there initially so employers have a chance to stand out, right out of the box. Employers and candidates will notice a difference right away from the very 1st search," said Ron Feldstein, founder and president of HealthcareJobsOnDisplay.com, in the recent press release. "We strived to create a unique, truly functional website and I we've done it."

Feldstein went on to say that with so many job boards competing online, it is important for a newcomer to find their niche and remain unique.

"To my knowledge there are no websites out there providing this kind of display ad search capability, and this level of customer service/design services. We are creating each ad individually for every client, which involves copywriting, design, and coordination. Sure it's a lot of work, but our clients and employers have already seen the difference in our approach and they appreciate the effort," said Feldstein.

Although the company has a creative team in place to handle designing ads, employers are able to provide their own cream ready advertisements.

In order to drum up interest in the Web site, HealthcareJobsOnDisplay will give the 1st, 100th, 250th, 500th, 1100th, 1250th, 1500th, 21ooth, 2250th and 2500th job seekers who upload their resumes a $50 gift card. The 1000th, 2000th and 3000th resumes posted will receive a $100 gift card.

Currently, HealthcareJobsOnDispaly handles only employment advertisements for positions located on the East Coast.

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Thursday, July 09, 2009

 

Chad and Cheezhead Podcast

This episode, the boys discuss the SHRM Conference, Monster's weak attempt at a feel-good moment, Twitter's role in job search, the mass quantities of duplicate content for jobs on the Web and an update on Jobfox's Rob McGovern.

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