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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: Walkingshadow who wrote (7724)	4/13/2005 3:55:36 AM
From: KLP	Read Replies (1) \| Respond to of 8752

I did find it interesting, and posted the article on a couple of places earlier today including one that we probably all know.. Message 21222165 I was a headhunter Terry, for over 20 years, and saw many things come and go in that period. For that reason, after having experienced 3 downturns in the marketplace before early in 2000, the recruiters nationally knew that trouble was brewing...No one wanted to talk about it outloud, because it didn't sound like good business. But we knew. And by September of that year 2000, BEFORE the election, we were talking about the situation openly and in print....first time I had ever seen a bad economic time being talked about in Association newsletters BEFORE the general public knew ...or at least, wanted to pay attention. I've personally never figured out why the Government and the media don't talk more to the Recruiters nationally....After all, we do KNOW where the employees are being let go, we know companies that keep having economic problems, and we know what companies are hiring. The companies mention things, the candidates mention things, and of course, the people being terminated tell us things. Manufacturing in this country has been in the tank really since early 1980. So has the timber industry. As well as the Steel industry. And ALL the etcs. The employees want more and more benefits and salary, and are off more and more time (vacations, sick leave, Family Leave Act, Holidays, etc) so the products cost more. Products are being manufactured overseas because of the costs to do business here in this country. NOT to mention the taxes here, both on the business, as well as on each employee. SO, I'm not really sure in my own mind where we really are going with the new job creation. New service jobs have opened up, as well as you know, computer and related jobs. But the airlines and primes have gone downhill, and also the related aerospace vendors and other primes. The Government can't make new jobs. The Government doesn't create wealth. New business does. But new business has to survive to do that. So watching the Nasdaq fall is sobering to me, that's for sure. And it should be for all of us.