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Veteran Representative Newsletter
April 2007
Job market talking points
So far, so good. Late last year, the consensus of economists was that job growth for 2007 would be about 1 million+ jobs for the year, much less than the 2.2 million jobs added in 2006. For the first three months of the year, there have been about 455,000+ jobs added, on track to exceed the growth forecast. Each month of job growth takes the US economy to new records of total employment as well. But the growth will also be uneven, according to the Bureau of Labor Statistics. For 2007, the BLS expects jobs to be added in service businesses and either no growth or declines in employment in manufacturing and construction.
On a positive note, a recent survey by Careerbuilder and USA Today of 9400+ HR and hiring Managers reported hiring plans for the second quarter:
- 29% plan to increase staff
- 5% plan to decrease staff
- 53% plan to continue to replace staff, not expand
- 13% are unsure of plans
So eight out of ten companies are hiring!
Vet job search success
Newsletter note: If you have a success story to share, send an email! And thanks!
Connecting with employers
A recent survey by Career Crossroads of hiring activity is most helpful in finding out what works for job seekers. The study focused on sources of hires for employers. There were 22 company participants with 1.2 million employees and 188,000+ hires for 2006. For the year, 33% of positions were filled within the companies through transfers and promotions. Sources of hires for 120,000+ jobs filled from outside the companies were:
-Referrals (employee, other): 25.6%
-Company websites: 20.7%
-Job boards: 12.3%
-Print media: 6.9%
-Direct sourcing: 6.4%
-Re-hires: 5.2%
-3rd party agencies: 4.8%
-College: 3.8%
-Career fairs: 2.7%
-Temp to hire: 2.3%
All other sources: 9%+
Notes:
- Referral sources would include your work in behalf of Veterans
- The high proportion of Referrals is also due to job seekers actively influencing the recruiting process, networking their way into interviews and job offers. Networking for a job works! As a Vet Rep, hopefully you are coaching your clients to spend time and energy networking!
Special Announcement
What Color is Your Parachute? author Dick Bolles offers support and comments on Work Ministry in the 2008 edition of his upcoming book! Thanks for your support Mr. Bolles!
Alliance Partners
We welcome a new alliance partner: Business and Professional Women, an association dedicated to women's issues of career management. Check out their site: www.bpwusa.org and click on the Women Joining Forces for services in support of women Veterans.
We support the following resources in service to job seekers:
- Jobkabob.com: sell your skills, not your work history.
- Career Concepts USA: Job Fair resource
Have a Vet job search success story to share? Send an email to VetRep@workministry.com.
Reminder:
Workministry.com has a growing list of job posts as well as continual improvement in resources for Vet Reps and job seekers. Please make a point of asking your clients to check the site, review the job posts and use the site resources
Editor's Note:
The Veteran Representative newsletter and message board are all about you. Our goal is to create a forum for
sharing information that helps you fulfill your mission. If you have feedback, ideas or suggestions for either the newsletter or the message
board, please send email to: VetRep@workministry.com.
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