Posted by: doug308 | July 29, 2011

Puzzling Economic News

In reading today’s headlines every major news outlet has a story about the US economy growing much slower than was expected. However, I currently have more openings to fill than at any time in the last three years! Now granted I work in some niche markets, but still. And as I talk with other recruiters I find the same thing. So, how can there be such a disparity between the the stories coming off the wires and the experiences of those of us charged with finding people for empty jobs?

In my opinion there are a couple of factors involved in this disparity. First, many of the openings that I and my colleagues are working on are fairly specific types of positions. For example, instrumentation & controls engineers for nuclear power plants or a pricing coordinator for the secondary mortgage market. Second, our job is to root around and find open jobs. And to be sure some industries are certainly doing better than others. However, no matter what market they are in, if I talk with a recruiter working with professional positions they will enevitably have more openings than people.

So, what do you folks think? Is this just another example of the press blowing things out of proportion? Do the same conditions exist in your field? I’d be interested to hear what your experiences are.

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