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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Toxic Treasuries

T

Before it failed, Silicon Valley Bank had lots of cash and a low ratio of outstanding loans. Their fatal mistake:  They parked the majority of their money in US Government Bonds. (You know, the safest, most risk-free asset in the world.) SVB put $119.9 billion into low-interest, long term government bonds, like 10-year Treasury notes….

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Busted Banks

B

Here’s a fun game…  After one bank collapses, who else will fail or sell out? It’s Monday morning.  Start your watches. This is the most common, knee-jerk phrase about the Silicon Valley Bank collapse on Friday, March 10, 2023… “It’s just one bank.” This phrase must be stated quickly and with authority. I’ve heard it…

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Economy On The Edge

E

Here’s the U.S. economic situation for Monday, March 14.  Markets have been careening around, especially following the invasion of Ukraine.  But our bigger challenges are already baked in.  These summary statements are my simplified take on recent data. After that, I follow with detail and documentation, in case you want to investigate further.  Here we…

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Market Chaos

M

Commodities are through the roof.  Stocks are falling. It wasn’t caused by Russia invading Ukraine.  I went back and checked the charts.  Trends started between NOV, 2021 and JAN, 2022.   Stocks Down Hard The Dow and the S&P hit their highs in early January.  As of this writing, March 07 trading closed down hard….

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