Monster Employment Index Sees Modest Rise of Three Points in August, as Online Recruitment Activity Rebounds Slightly from Seasonal Summer Slowdown
NEW YORK –(Business Wire)– The Monster Employment Index rose three points in August, reflecting a slight rebound in online job availability across a majority of industries, occupations and geographical regions following the traditionally slower summer months of June and July. The Monster Employment Index is based on a real-time review of millions of employer job opportunities culled from more than 1,500 different Web sites, including Monster(R).
The Index’s three-point gain last month was smaller than the typical rise seen in past months of August and trimmed the Index’s annual growth pace to roughly 7.5 percent, its lowest level on record and a further indication of softening employer demand for labor. Overall, 10 of 20 industries and 16 of 23 occupational categories tracked by the Index registered increased online job availability last month. Index results for the past 13 months are as follows:
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Corra has heard reports the job market is down. Then we hear the job market is up. the job market is calibrated, it seems, slightly better than the economy, where nobody knows nothing. With the job market at least they can measure what they measure for some idea.
Well for most business concerns, Corra sees it like this. If the job market is weak, then your business should have a larger selection of job candidates. If the job market is strong, then chances are business is good and you better start hiring to accommodate your current and new clients.
Whatever you do as part of your recruitment process, always have a thorough preemployment screening program in place. You should be running criminal checks, and if the candidate has access to your proprietary information or sensitive databases, then a credit report is well in order.
In this world, assume little. Check them out before you hire.
