We just completed our 3rd Minnesota Recruiters hiring survey and little did I know when I started doing these surveys how much more of an education I would get regarding employment, hiring and job creation leading into and coming out of a recession.
I have followed these kinds of statistics for my 13 years and being able to see this in “real time” is fascinating.
Let me get the disclaimers and details out of the way out of the way:
- This is not a scientific survey but it does give a good read on what is going on
- This is a blind survey and no one (me included) gets to know who participated and what their answers are
- 2,100 were sent the survey link and about 10% replied
- The survey was open from Oct 5th to the 15th
Between events, conferences, conversation and client feedback the survey results match what I have been seeing which is this:
The Great Recession put us into ICU. We have been upgraded to Critical, Serious and now Fair condition. I doubt we see Good condition until Q2 2011 and we may still be in the hospital much of 2011.
That while there are pockets of strength in hiring and the number of jobs open (and opening) will continue to grow it will do so at an anemic pace.
Now for some analysis...
- The signs of a job “recovery” found in the spring survey were realized with jobs being created and filled as the year progressed.
- Optimism for the job market continues to grow
- Job security optimism continues to grow for the Recruiter and HR community
- More Recruiter jobs are opening up (and quickly being filled)
- Speaking specifically to IT (my analysis means I get to focus on my industry) we are seeing continued slow growth in Project Manager jobs. That sounds negative but is a positive as it is a forward looking sign for ongoing and future project work.
- Generally, people seem to be in a better mood. Not great, but better.
- Sales, Sales and more Sales. If you can do it (as in a job) or find them (being a Recruiter) you are doing just fine.
- Companies are adding 1, 5 and 10 jobs at a time after letting go 20, 50 and 100+ at a time. This job recovery is going to take a long time.
- Specifically Marketing and Executive jobs are not yet coming back as fast if at all.
- HR jobs (excluding Recruiters) are not coming back at any pace. Companies are doing more with less.
Results from the survey (click images to see larger) :
- More entry to mid level vs senior and executive
Search Firm Recruiters:
IT Consulting Firm Recruiters:
- Web Developers
- Project Managers
- Business Analysts
- Project Managers
- Help Desk/Tech Suppport
HR and Recruiter Consulting Firms: