The Recession: A Silver Lining for Corporate Recruiters

If you're like most recruiters I know, you're undoubtedly nervous and concerned about the financial crisis and what it means for our profession. I thought you might enjoy hearing a different perspective. It is one that predicts there will be more, not less corporate recruiting in 2009.

I touched on this topic in an earlier BM blog post, OMG: Is it a Recession? I've since received many comments about that post. So, I've decided to create a white paper on this topic: The Recession: A Silver Lining for Corporate Recruiters.

This white paper is based on my 15 years of experience in the online recruiting business and the wisdom I've gained in prior recessions. I look forward to your comments and I hope you will share your experiences about how recessions impact hiring, jobs and talent management.

Another great way to contribute to this discussion is to complete the Jobfox-sponsored poll, Recruiting and the Economy. Complete this survey and we will be sure to send you the final results.

Rob McGovern, CEO of Jobfox, is a regular BetterMondays contributor.  He is also the author of "Bring Your 'A' Game: The 10 Career Secrets of a High Achiever." 

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1 Comment

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  By Linda Wath, October 30, 2008 @ 5:24 pm

  According to the Bureau of Labor and Statistics (10/08) the labor market has seen less, not more churn - at least in the last year.
  In September, 2007 what the BLS calls "leavers" (those who leave on their own) was 11.5%. In September 2008 it was 10.2%
  The number of "Re-enters" in September 2007 was 29.5% and in September 2008 at 26.8%.
  The number of "New Entrants" in the job market in September of 2007 was 9.4% versus 8.6% in September 2008.
  All are seasonally adjusted.

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