4.4 Million New Hires in February as Reported by the DOL!
Chris Wellington “The Recruiting Guyâ€, President, The Wellington Group, LLC
Jobs are out there, no matter the “economyâ€
There was a very interesting blog post this month on ERE that had me and many other recruiters or human resource professionals sit up and take notes. Now typically the US Media does not pay a lot of attention to the upside of these reports. Instead, what is highly trafficked and extremely hyped-up when these reports are released are the perceived negatives to help us all feel just a little bit worse about this so called “economy.†Well, economies are like rivers, they don’t stay constant except constant change.
The great news I think that does need to be reported are two critical statistics the media is not talking about (or at least the glimpses I see). The first is the number of people WHO DID GET A NEW JOB in February in the US. This number, approximately 4.4 million, constitutes new hires just for one month! Wow, compare the difference in total separations verses new hires for the year and you only have a difference of 3.9 million “separations.†The separations include total numbers so this also accounts for people who have QUIT a job. Taking that into consideration I don’t think we are in such an abysmal state?
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