Recession 2020: Will You Be Ready?

The dreaded “R” word reared its ugly head last week when the NABE (National Association for Business Economics) released its Q2 2018 quarterly report that their 45 economists saw the economy going the following way:

+2.8 % GDP in 2018

+2.7% GDP in 2019

That OK news. More of the same of the past 10 years. Not great, not horrible. Moving along at decent pace.

Here is the bad news:

Around 50% see a recession by the end of 2019 and early 2020

60%+ see a recession by the end of 2020

These numbers are similar to other recent surveys from The Wall Street Journal and Zillow.

Things are going great for most people so why does it have to end?

Most likely… wages should start rising more and at some point companies will have to raise prices. If inflation goes to high and the Fed raises rates then costs of borrowing increase, home sales will slow and individuals and businesses may slow spending. There are other scenarios like government spending, the Trump tax cuts, overseas issues including tariffs, etc.

Let’s be clear, I am not an economist. I do watch CNBC and Bloomberg all the time and I am fascinated by how an economy works. I watch for trends, numbers, hiring and layoff announcements all the time including a bunch of Google Alerts. I have survived 2 recessions while being a recruiter. They’re not fun for recruiters (corporate, search and consulting). If a company does not plan on hiring then we are the first to get cut. Long before noticeable layoffs are seen and heard about.

I watch this stuff because it impacts my life in every way. And the “Great Recession” gives me night sweats.

Why am I bringing this survey up?

What if it happens… if the shit hits the fan am I prepared, am I ready?

Are you prepared? Ready?

Are your skills current?

Is your employer stable?

Continue reading "Recession 2020: Will You Be Ready?" »


U.S. Tech Jobs Roundup v1


U.S. Tech Jobs Distribution

I was in a meeting today with a group of senior HR leaders from about 15 companies and I was asked if I could give them some examples of what is going on in other cities around the country when it comes to tech and IT job trends. Were some cities and regions seeing growth, astronomical growth… were smaller cities and rural areas seeing people leaving for big cities?

What they were getting to (and I do this a lot) is “how are we doing” compared to other cities and can we speculate on some conclusions.

Let me speculate first and a reminder that while I am highly interested in economic development I am not an economist. I am a tech recruiter, regional advocate and highly opinionated blogger and podcaster.

Are we doing OK? Yeah

Are we doing better than we used to? Yes

Do I think we are about to could get passed by some other cities that “rank” below us? Absolutely

We need to get off our Midwest, we don’t like to promote ourselves ass and started being vocal about the career and life opportunities here. If you know me at all you have heard me say something like that 127 times by now. Yet… I am still saying it because we have barely moved the needle on it. As individuals, employees, companies, elected officials and community engaged people we need to get loud. Louder.

We have to get this idea into our head… we are NOT competing for “talent” (still hate the word) with Best Buy, Target, 3M, Total Expert, Code42, Accenture, Medtronic and whoever is going through a growth phase. We are competing with regions like Boulder, Austin, Chicago, startups in the Bay Area who allow workers to be remote and the tech companies in Atlanta who lives and breathe diversity and inclusion.

We MUST more frequently and more loudly tell our Minneapolis/St Paul story. It’s a good one. And if we don’t tell it then we can’t be shocked when other regions look more attractive.

You can find some more on this topic by clicking A Bunch Of Thoughts… Minneapolis And Amazon HQ2

The quick research I came up with for the group:

Continue reading "U.S. Tech Jobs Roundup v1" »


Commercial Project Manager Best 2018 Job On Indeed


Top U.S. Jobs, Commerical Project Manager #1 Job, Minnesota Jobs  

Indeed has their The Best Jobs in the United States: 2018 and I am happy to see construction related jobs are coming back:

  • #1 Commercial Project Manager

  • #5 Preconstruction Manager

  • #6 Construction Superintendent

  • #12 Construction Estimator

  • #19 Construction Manager

While I am a tech guy and not surprised that 8 of the 25 jobs are tech related it is good that other jobs are in(coming back in) demand. And not as a political statement… we need to focus on infrastructure in our country. Not everyone needs to or wants to code and the construction industry is one place people can get training, earn a good living and have a career.

I was asked by some high school students if everyone needed to go into tech and my answer was,:

“No. Is it a good idea to learn some basics? Yes. Is it a good idea to understand tech in a macro sense? Yes. There are plenty of careers outside of tech that will not be going away anytime soon. I am not a believer that AI and robots are taking all our jobs. Will they have an impact? Yes. Things change. We must too. And let me be clear that tech companies also have marketing, sales, customer success, help desk, HR and other jobs. No, you don’t need to be a coder but you do need to be a life long learner in every career, whatever you do.”

Continue reading "Commercial Project Manager Best 2018 Job On Indeed" »


Survey | 56% Of Candidates Do Not Negotiate Salary In A Job Offer


Negotiate Job Offer A recent CareerBuilder Job Offer Survey with some interesting statistics on how candidates and employers deal with an offer.

The candidate numbers:

  • 51% they don't attempt it because they don't feel comfortable asking for more money
  • 47% they are afraid the employer will decide not to hire them
  • 36% they don't want to appear greedy

Digging deeper:

  • 45% 35 or older typically negotiate the first offer
  • 42% 18-34 negotiate the first offer
  • 47% of men say they negotiate first offers
  • 42% of women say they negotiate first offers
  • 59% of Information technology workers are likely to negotiate
  • 55% of sales candidates workers are likely to negotiate
  • 53% of financial services workers are likely to negotiate
  • 48% of health care workers workers are likely to negotiate

Continue reading "Survey | 56% Of Candidates Do Not Negotiate Salary In A Job Offer" »


Recap: Managing Your Tech And Startup Career

 

Minnesota Headhunter, Minnesota IT Jobs


Last week I hosted my first online chat in all long time, maybe 3+ years, on Managing Your Tech And Startup Career. This is something I do every year at MinneBar and tech user groups throughout the year.

This one was a lot of fun for me as it was not only tech professionals in Minneapolis/St Paul but marketing, sales and CxO’s in our area along with a number of tech and data pros from the Bay Area.

The original agenda I proposed was:

  • What is the local job market like right now?
  • Is this a good time to look for a new job?
  • What's a reasonable salary increase year over year?
  • Should I stay a developer or move into management?
  • I'm thinking about moving to "FILL IN THE BLANK CITY", should I go?
  • Why is there so much recruiter spam?
  • How much personal info should I share with corporate/search firm recruiter?
  • I’m not a tech person but want to work with a tech company, how do I get in one?

And then attendees asked a number of questions including one I always seem to ramble on waffling back and forth on and paraphrasing… specialist or generalist?

In all it went for about 45 minutes and below is the session uploaded to YouTube.

This was my first time using Zoom and while it went OK it’s clear I need some more practice with which screen is showing.

To those who asked questions… thank you. It’s always way more enjoyable to have interaction particularly when I can’t see you.

If you have questions or comments after listening to this please send me an email paul@mnheadhunter.com

Here we go…


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Online Chat: Managing Your Tech And Startup Career


Minnesota Headhunter. Minnesota IT Jobs

Every year at MinneBar I do a presentation called, “Managing Your IT Career - (Why do recruiters suck so bad?). This past spring, 8th year doing this, I had an end of the day speaking time and still had a full room with people sitting on the floor and along the wall. I do wonder how many more people would attend a morning session… part of my group:

Minnesota IT Career Advice 

The past weeks I have been getting a higher than usual number of inquiries from tech, data and product professionals, along with those interested in the Minnesota and Midwest startup scene, asking questions about salaries, Minneapolis and Midwest tech jobs, what code schools to choose, etc.

So I am going to do an online chat… a webinar to answer the current most asked questions and ask attendees to send theirs.

Continue reading "Online Chat: Managing Your Tech And Startup Career" »


Webinar: Minnesota IT Jobs, Salary and Recruiting Report - Spring 2017


Minnesota Headhunter, Minneosta IT Jobs 


A frequent question I get locally and nationally is “what’s going on in Minnesota?”.

After all the fall and winter events and conferences and leading into spring it’s time for me to give some clarity… I am putting together a summary of all of the info I have gathered over the past months, add in a bunch of reference points from national IT job and salary surveys and do a webinar.

This is my perspective from attending user groups, working with and recruiting for startups and tech companies, conversations with large companies about their recruiting strategies and speaking at local and national conferences.

When:

  • March 1st, 2017
  • 1 pm CT

Cost:

  • Free

To register click:

Topics:

  • Intro
  • What’s going on in MN
  • Recruiters in demand
  • Job and Skills info
  • IT salary info
  • Recruiting trends
  • Conclusion

Who should attend:

  • Corporate Recruiter or HR
  • Hiring Managers
  • Startup CEO
  • IT Manager, Director or CIO
  • IT professionals
  • (Who am I missing?)

Q&A will be part of the webinar. Please interact with me.

If you have any questions ahead of time send me an email paul@mnheadhunter.com


FYI… a few events this spring you may want to attend:

Save the Date:


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Minnesota Fastest Growing State For IT Jobs - Summer 2015

Since around the beginning of Q2 ‘15 I have been a part of many conversations with recruiters in town, startup and Fortune 500, about some trends we have been seeing including:

- Generally companies are in another hiring spree

- Companies seem to be loosening up their job requirements

- There seems to be a small inflow of IT pros from the west coast

This week from Dice.com:

Pop quiz: What’s the fastest-growing state for technology jobs?

You might be tempted to say California or New York, or even North Carolina. But according to new data from the U.S. Bureau of Labor Statistics, it’s actually Minnesota, which saw the size of its tech workforce jump 8.36 percent over the past six months, to 37,600 workers.

Is Your State Losing Tech Jobs?

Let’s be clear… this is a percentage growth number NOT a total number of jobs created. Clearly other states would be doing better.

This is an important number as it shows the Minnesota tech community continues to grow. Some would have you believe that everyone is leaving for the West Coast.

It’s just not true.

Continue reading "Minnesota Fastest Growing State For IT Jobs - Summer 2015" »


Video: Finding A Job Using Social Media

Back in May (2015) I gave my 6th presentation at Social Media Breakfast Minneapolis St Paul:

Get Recruited: Finding Your Next Job Through Social Media

When Mykl Roventine asked me to speak again this year I paused thinking… does anybody really want to hear from me again?

Mykl was right (Mykl warming up the group):

Social Media For Job Search, Minnesota Jobs, Minneosta Headhunter, Minnesota Recruiter

The answer was yes. We had 100+ at the event.

And we had a good time.

Here are a couple of blog posts recapping the event with some takeaways:

Continue reading "Video: Finding A Job Using Social Media" »


Minnesota IT Jobs And Career Resources For IT Pros vIII

Short and simple… a number of Minnesota IT pros are looking for career information, job search advice, how to ask for a raise in salary or rates, etc.

Here are 2 videos (2013 and 2014 sessions at MinneBar. 2015 has not been posted yet) and the recent Minnesota IT Jobs Report.

NOTE: that these are very casual conversations. Some inappropriate language is used.

And there is A LOT of really useful content.

If you have any questions send me an email:

paul@mnheadhunter.com

And check out what I am recruiting for:

 

MinneBar 2013:

 

MinneBar 2014:

Continue reading "Minnesota IT Jobs And Career Resources For IT Pros vIII" »