[ernie] The Electronic Recruiting News In Email_010328

[Carrie Baggs <interbiz@interbiznet.com>]

		John Sumser's Electronic Recruiting News
interbiznet.com E R N I E Electronic Recruiting News In Email Our Rate Card S P O N S O R S Find out more About IBN Got a news tip? Tell us at news@ interbiznet.com Our Rate Card Articles Presentations Trends Reports Archives Resume Databases (Over 60) Company Job Listings (Over 4000) Suggestions? OUR HOME	Read Today's Interbiznet Bugler (New) Download the 2001 ERI Executive Summary. Requires Acrobat. 2001 Electronic Recruiting Index is available. Order your copy today! To subscribe or unsubscribe from ERNIE, please use the form on the linked page. Chicken Little (March 28, 2001) The index of leading economic indicators declined by 0.2% in February, after a revised gain of 0.5% in January and three straight months of declines during the last quarter of 2000. But even this is far from a recession, which is generally defined as an annualized decline of 3.5% over a six-month period. So, what's all this talk about an economic downturn? The Conference Board, known for its economic forecasts, swears that there is no chance of recession. The unemployment rate hasn't budged while new jobs are being created faster than companies can layoff old employees. There are many areas of the country with unemployment rates below 2%. according to FlipDog's Job Opportunity Index, 21 States have more job openings than workers. The top 10 are: Massachusetts California Colorado New Hampshire Virginia Connecticut Minnesota Vermont Maryland Washington Given the brouhaha about dot com failures, you'd be tempted to think that these are precisely the places where the supposed recession has hit the hardest. Silicon Valley is still adding jobs. The stock market is a separate issue. With 60% of the value gone from the NASDAQ and nearly 30% out of the DOW, it's a solid time for reappraisal. Like people, economies need moments of introspection. Unfortunately, the broadcast media can do little with a story like "the economy is taking a moment to reflect on itself" and needs to describe the thing in terms that are more concrete. As a result, we've seen amazing silliness from people who are unable to judge things from their own environments. The post-bubble panic seems, from here, to be more irrational than the original exuberance. We join the Conference Board in swearing that there is absolutely no chance of a recession this year. - John Sumser ******************************************************************************************    What position can Sendouts.com put your firm in?       A more competitive one.      Find out how: Get access to hundreds of thousands of qualified candidates. Manage every step of the placement process. Establish a stronger presence on the web.    Do it all with one web-based application for under $100 a month.    Final reason to visit us:    Get over $500 in savings with our introductory offer package. Contacting Us: Call, fax, write, email. We'd love to talk about your project. All material on this site is © 1995 - 2001 by IBN: interbiznet.com (The Internet Business Network), 346 Starling Rd., Mill Valley, CA 94941 415.380.8244 staff@interbiznet.com To Subscribe or Unsubscribe From the ERNIE... Enter email: Enter name:	FEATURES: Interbiznet Trends (New) Email Newsletters      - Daily Industry News      - ERN in Email      ANNUAL REPORTS:      - 2001      - 2000      - 1999      - 1997      - 1996      - Report Pricing      RESOURCES: Top 100 E-Recruiters Presentations Recruiter's Toolkit Seminar In A Box ERN Archives 1st Steps In The Hunt      ADVERTISING: Our Rate Card Demographics Recently Archived Articles Job Distribution Companies Smart Ideas David And Goliath Krash Assess M. Jackson of Recruiting Why Assess?      ERNIE Archives    All material on this    website is the    property of IBN    (The Internet    Business Network:    interbiznet.com)    You may download    a copy for personal    use. Redistribution    without permission    is strictly prohibited.    All material on    this site is    © 1995 - 2001 by IBN

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