About - Recruiter’s View

Sooner or later, everything in real life influences the jobs markets. So, our topics here range all over the place.

In our search to discover and share what’s really going on, we are particularly trying to answer the questions:

  • Where will jobs be created (and why?)
  • Where will jobs be destroyed (and why?)

This is my commentary on what I see and what I think it means.

People sometimes ask my opinion, because they assume a Recruiter’s activity can be a useful indicator.

And in fact, it’s true that I can pick up on changes in the business environment months ahead of the published numbers.

Understanding the implications of those changes is the trick. Daily conversations with business leaders give me the equivalent of perpetual survey results. And talking to candidates is the perfect reality check.

Ultimately, then, my evaluation is largely formed as an extension of what many, many others have been kind enough to share with me.

So, when you think I’ve got it wrong, I encourage you to tell me what you see from your side of the mountain.

We’re all trying to figure this out together.

Thanks for being a part of our effort!

-TD

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2024 Economy – Buy The Dip

2

Experts predict a recession. U.S. Manufacturing says we’re already in one. Opportunists say, “Buy the dip.” The Federal Reserve Bank of Richmond released its Fifth District manufacturing survey on January 23. All the components are negative by double digits.  Employment is down hard, dropping from -1 to -15. The capacity utilization index sits at −27. …

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Candidate’s Dilemma

C

Can my AI negotiate with your AI?  What happens if an applicant doesn’t read his own resume… and the employer doesn’t read it either?  Do we become whatever the algorithms describe? Here’s the situation… A Job Seeker is convinced —for good reason— that employers don’t even look at resumes.  He justifiably believes that large corporations…

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BLS Reports on Unemployment by State

B

Forceful economic trends have been repositioning the American population for years.  The latest BLS report confirms that this should continue.  It’s a useful way to find job centers and motivated Candidates. The US Bureau Of Labor Statistics (BLS) released the State Employment And Unemployment Summary on Friday, May 19. (Be cautious, reading my notes.  The…

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Manufacturing Down But Not Out

M

Payrolls in the manufacturing sector finally contract, as the Fed continues to raise interest rates. What do we have left for an economy? It’s bad, but strangely resilient. New Orders Down The Census Bureau just released the Advance Report on Durable Goods. New orders for manufactured durable goods is down, again. It’s been negative for…

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