Is the economy rebounding?
Friday’s latest jobs report shows the July unemployment at 9.4%, down from 9.5% in June. American employers cut just 247,000 jobs, the fewest in a year.
This data also comes on the heels of the release of the 2009 Recruiter Economic Survey by Sendouts, the online recruitment software and ATS company.
Here are a few significant findings from the Sendouts survey:
- Recruiting professionals handling one-to-three jobs a time has jumped from 6% to 44%.
- Recruiters having only one-to-three interviews per month has risen from 26% to 55%.
- The average number of those making only one placement each month increased from 24% to 53%.
- Average annual revenue is more modest, with fewer multi-million dollar revenues reported (check out questions 10 and 11 to see how you stack up!).
- Out of the survey respondents, 70% noted they reduced expenses and operating costs with only 6% increasing staff during this period.
The full list of questions and answers offer a fascinating glimpse into the REAL economic recovery, so be sure to check out the full report.
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She points out that businesses only start looking at reducing costs and streamlining operations after an economic situation occurs. She notes that some businesses only look at internal processes when revenues slow, when they should constantly look at ways to increase efficiency,Â regardless of the economic situation.