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Not Hiring? Tell That to the 4.4 Million Who Found Jobs

by
John Zappe
Apr 23, 2009, 3:09 pm ET

Who says no one’s hiring? Certainly not the Bureau of Labor Statistics, which earlier this month reported that 4.4 million Americans got jobs in February. That’s only slightly less (and February is a short month) than the 4.5 million new hires in January.

Fortune magazine recently posted a listed of 28 companies on its Fortune 100 list that have openings for at least 150 jobs. Topping the list is Wal-Mart, which, Fortune says, has “thousands” of jobs ranging from clerk to store manager. Bank of America, which has had layoffs and drooping revenue, is looking for 1,860 workers in all areas.

Prudential, which made the list, is seeking 235 new employees in a variety of corporate positions including  actuarial, market research and analysis, operations, and administrative.

We happened to catch a careers pitch for Prudential flashing on the company’s digital billboard in Times Square, of all places. (The company is headquartered across the Hudson River in Newark, NJ.)

Company spokesman Peter Price tells us recruitment shares billboard time with other company units and messages. So it’s not exclusive, but it is part of the “broad net” the company casts.

To be sure, the number of hires nationally is well off the recent high, which came in July 2006. Then, 5.63 million workers were hired. And the new hire rate has declined over the last year, especially in the Midwest, South, and West. Some industries have been hit harder than others. As you might expect, hiring dropped most sharply in retail, hospitality, finance and insurance, recreation and entertainment, and (this may be a surprise) in government.

The government says the “quits rate,” which it calls “a barometer of workers’ willingness or ability to change jobs,” is at its lowest point in eight years. According to the BLS, only 1.5 percent of the working population of the U.S. voluntarily left their jobs during February. That translates into 2 million workers.

So, much as recruiters treasure passive hires, those 4.4 million new hires in February included a substantial number of workers coming from the ranks of the unemployed and underemployed.

Is it any wonder, therefore, that companies are still hiring recruiters? A quick of check of SimplyHired and Indeed shows tens of thousands of jobs with the keyword “recruiter” or “sourcer.” A quick check of those listings show that a fair number are in healthcare, one of the few still-growing sectors. But there are also plenty of recruiter positions in IT, finance, a few in retail, and, of course, with staffing firms.

Incidentally, everyone is getting into the recruiting act. NBCPhiladelphia.com, the city portal of the local NBC TV station in Philly, is featuring companies with jobs paying in six-figures. Check out the comments that some users have posted, including the one where a job-seeker makes a pitch.

This article is provided for informational purposes only and is not intended to offer specific legal advice. You should consult your legal counsel regarding any threatened or pending litigation.

  1. Mary Sobrepena

    Yeah – the jobs are there. UNFORTUNATELY, it seems that if you are American, a Veteran, unemployed – NO ONE WILL HIRE you. The no-one’s I am referring to are the off-shored recruiters who (I suspect) only want to get others from their own countries the jobs. In the past year I have heard: hiring freeze (ok), too long since last position (say what?), funding pulled (ok), too long since last position (again – say what?), job pulled, decided not to hire, too long … . Since when does being UNEMPLOYED a disadvantage???????????? This is starting to look like discrimination.

  2. Selling Staffing: Some positive press for the staffing industry | Ask Haley

    [...] Not Hiring? Tell That to the 4.4 Million Who Found Jobs - This article is posted on ERE and it hits my point exactly. The more we talk about “no one hiring”, the more we believe it to be true.  The facts are proof though and this article shows that there are jobs out there and companies having problems filling those positions.  Sounds like a golden opportunity to me! [...]

  3. HR Marketing Network » Not Hiring? Tell That to the 4.4 Million Who Found Jobs

    [...] Who says no one’s hiring? Certainly not the Bureau of Labor Statistics, which earlier this month reported that 4.4 million Americans got jobs in February. That’s only slightly less (and February is a short month) than the 4.5 million new hires in January. Suite… [...]

  4. brian johnston

    Thank GOD, there is/are people who understand that “like attracts like” (Attention goes where energy flows..) We the PEOPLE have a choice every single moment weather we appreciate (count our blessings) or depreciate.

    I am NOT participating in any media outlet or person who chooses to allow a “blip in the radar screen”, as a result of greed by ALL of us, bring me/my loved ones down.

    ALL GREEN LIGHTS!

    Brian-
    (3rd party recruiter NOT affected by economy…)

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