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Saturday, 22 November 2008

Recession and job losses

With the globe entering recession many jobs are going to be cut across the whole world over the next 12 months and perhaps beyond.

Just this week major companies around the globe announced over 80,000 job cuts. Firms in the US are shedding jobs at a rapid pace, UK unemployment is expected to double over the next year and European unemployment, which had been falling sharply in previous years has begun to increase again.

These job losses are not only going to be in the financial sector, although there will be a lot of job losses in this sector. Citigroup alone is expecting to reduce headcounts by 75,000. However, jobs are being lost across the board in construction, retail, business services, manufacturing etc. The only place that employees can feel fairly confident of job security is in the public sector, however, I wouldn't be complacent anywhere!

Things are looking fairly bleak at the moment as we are currently in the heart of the storm. I'm not saying that the storm is not going to get worse but sometimes when you are in a downturn it seems like it will never end.

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Tuesday, 25 September 2007

Recruitment consultants

A good friend of mine nearly got caught looking for another job today when a recruitment consultant decided to ring him at work. Not only did he call him in work hours, he actually called him on his work phone and left a message with his boss!

Recruitment consultants can be very useful but some of them can be an absolute pain. I've seen the best and worst of recruitment consultants. The best have found me the jobs that I was looking for, prepared me well for the interview and given me regular and quick feedback. The worst send you to interviews that aren't appropriate, don't let you know how you got on and will constantly pester you with news jobs at inappropriate times - even when you've asked them no to.

I would still recommend using recruitment consultants as one of the roads to finding a new job - but I would definitely suggest not wasting time with those that are clearly working more for their own interests than yours.

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