Secrets of the 2008 Job Hunting Atmosphere, 11-9-2007
Job seekers in 2008 will find a mixed hiring climate. Barring any economic catastrophes due to such continuing risks as terrorism strikes, energy shortages and natural disasters such as hurricanes, there should be a reasonable variety of good employment opportunities. The good news is that a select set of major employers and mid-size growth companies will offer exceptional job opportunities during 2008. Meanwhile, the fact that the unemployment rate has been extremely low in recent months will be an aid to people who are seeking new jobs. (That is, the total pool of Americans seeking employment has been relatively small.) Job seekers in 2008 will continue to hear a lot of conflicting and sometimes confusing information about the state of the job market and the state of the economy overall. In order to create a robust job market, corporate investment, profits, productivity and revenues must align themselves correctly. Fortunately, many of these economic indicators were positive during the 2004 to mid-2007 period, and millions of new American jobs were created. As 2007 was winding down, the residential real estate crash, higher financing costs and difficult corporate credit markets were combining to restrain the economy and put a damper on the creation of new jobs. However, job seekers who want good positions will be forced to be better prepared and to do better research than in the boom years of the recent past.
Fortunately, Plunkett Research, Ltd. has just released its annual report on the American job market. To find out more check out The Almanac of American Employers 2007 or go to www.plunkettresearch.com and sign up for a subscription to Plunkett’s completely up-to-date online database!
About Plunkett Research, Ltd.
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