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Even in a recession, some companies are hiring
Yahoo! News / The Associated Press ^ | March 9, 2009 | Christopher S. Rugaber, AP Economics Writer

Posted on 03/09/2009 5:26:52 PM PDT by 2ndDivisionVet

Help wanted: pharmacists, engineers and nurses. Believe it or not, even some banks are hiring, at least for their technology teams. While the recession has claimed 4.4 million jobs, the economy has created others, many of them for highly trained and specialized professionals. More than 2 million jobs openings now exist across a range of industries, according to government data.

Job seekers beware, though. An average of nearly five people are competing for each opening. That's up sharply from a ratio of less than 2-to-1 in December 2007, when the recession was just starting and nearly 4 million openings existed.

Human resources executives say companies that are hiring are benefiting from a top-notch talent pool as applications pour in from a larger base of job seekers. The number of unemployed Americans has soared, to 12.5 million last month, from 7 million when the recession began. professionals.

Broadly, jobs are being added in education, health care and the federal government, the Labor Department said, with the government adding 9,000 new jobs last month alone.

But beyond those areas, jobs can be found in a variety of sectors. Some places that are hiring, such as companies that make nuclear power equipment, haven't been hit that hard by the recession. Others, such as discount retailers, are actually benefiting from the downturn as shoppers turn thriftier.

Even some businesses at the center of the economic meltdown are managing to add a few employees. Banks involved in recent mergers, for example, are hiring information technology specialists to help integrate companies, said Tig Gilliam, chief executive of the Adecco Group North America, a human resources firm.

Some mortgage lending companies, notably those never involved in subprime or other exotic loans, are actually growing and hiring as larger competitors have folded.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Culture/Society; Extended News; News/Current Events
KEYWORDS: bho44; bhoeconomy; economy; employment; helpwanted; jobmarket; jobs; obamarecession; recession; unemployment
Since over half the population has a credit score under 620, how is a sub-prme loan "exotic" in any way, shape or form?
1 posted on 03/09/2009 5:26:52 PM PDT by 2ndDivisionVet
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To: 2ndDivisionVet
I'm in banking IT, and I'm so gaddamn swamped with work, I need to be twins to get home on time. If nothing else, I'm more in demand than ever.


2 posted on 03/09/2009 5:30:05 PM PDT by Viking2002 (The Occupation has begun. God help America.)
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To: Viking2002; sionnsar; neverdem
Engineering - field maintenance supervision, field repairs and planning, energy design and project management.

All hiring.

3 posted on 03/09/2009 5:32:37 PM PDT by Robert A Cook PE (I can only donate monthly, but socialists' ABBCNNBCBS continue to lie every day!)
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To: holdonnow

for you Michigan caller ...

I work in engineering, and things aren’t great, but they are hardly dire, yet.

ML/NJ


4 posted on 03/09/2009 5:51:14 PM PDT by ml/nj
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To: Viking2002

I sell security guard/bodyguard services here in Texas. This recession/depression may very easily make me rich.


5 posted on 03/09/2009 6:09:29 PM PDT by 2ndDivisionVet ("To insist on strength is not war-mongering. It is peace-mongering." Barry Goldwater)
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To: 2ndDivisionVet


6 posted on 03/09/2009 6:53:10 PM PDT by Chode (American Hedonist - Obama is basically Jim Jones with a teleprompter)
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To: 2ndDivisionVet

I go in for my drug screen on Wednesday for a kick-ass sales job that I should be able to turn into a 6 figure position within 2 to 4 years. Meanwhile, I have turned down two other job offers, one in call center management and the other in spreadsheet development. I quit my last job at the beginning of February and I can honestly say I haven’t had a moment of anxiety since. So there are definitely jobs out there.


7 posted on 03/09/2009 7:05:11 PM PDT by shempy (BOYCOTT GM & CHRYSLER - support American VALUES!)
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To: ml/nj

It’s pretty tough where I live. Jobs are there, but so are applicants. I have a friend who just landed a job in software project management after being out of work for 3 months. The company’s HR told him he was one of 200 applicants.

I’ve been out of work for six weeks and I know I will land something, but it is taking much longer than last year this time.


8 posted on 03/09/2009 7:33:30 PM PDT by Francis McClobber
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To: 2ndDivisionVet
I did the whole special police/security project manager/detective/armed guvmint thug deal for ten years. Been there, done that. The cops always encouraged me not to carry a regular badge in The People's Republic of Maryland - I actually had more latitude there skirting the periphery of the little square box they were put in. I even told the CIA to kiss my ass when I passed their prostate exam and they wanted to send me to Glynco.


9 posted on 03/09/2009 7:33:31 PM PDT by Viking2002 (The Occupation has begun. God help America.)
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To: 2ndDivisionVet
with the government adding 9,000 new jobs last month alone

Wow thanks government!

10 posted on 03/09/2009 7:40:24 PM PDT by Sir Gawain (With Obama's "tax cut" I can afford a torch and a pitchfork in just TWO WEEKS!)
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To: Sir Gawain

For anyone looking for what I think would be an excellent job in the IT field in NYC, visit ‘meetup.com’. They seem to have some real opportunities.


11 posted on 04/02/2009 7:42:52 PM PDT by The Duke (I have met the enemy, and he is named 'Apathy'!)
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