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

Back to Recruiter’s View

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…

Read More

You Can Take It To The Bank

Y

Markets have lurched around, reacting to the Fed’s bizarre policy reversals. Treasury Secretary Janet Yellen has been very clear about Fed policy. Here’s a distillation of her recent statements… We will not bail out the banks. OK, we’ll cover 100% of all depositors, but that’s not a bail out. Naturally, we’ll guarantee 100% of all…

Read More

Meltdown Update

M

Carnage continues to spread throughout the financial world. Credit Suisse was six times the size of Silicon Valley.  It’s done. First Republic got $30 billion, but that’s not enough. Credit Suisse Last week, I mentioned that Credit Suisse was under attack. That may have seemed out of place, considering I was talking about How To…

Read More

How To Control All US Banks

H

Here’s a great way to seize the entire banking system.  (Don’t try this at home.) You’ll know soon if this is in operation.  You’ll see more banks collapse. As of this writing, Credit Suisse is now under attack. NOTE:  May 14 – Moody’s cut its ranking for the entire U.S. banking system from stable to…

Read More