Eric Winegardner: Recruiting & Placement Strategies

Placement & Recruiting in Today’s Employment

Landscape

PRESENTED BY:Eric Winegardner

VP, Client AdoptionMarch 30, 2011

Pearson Learning Solutions Summit

Agenda

Current Employment LandscapeAttempt to Foresee the FutureOpportunities around PlacementOpen Forum Q&A

ATTEMPT to steer clear of Social Media > Leave that to Juliette!

2

SAILING ON THE WINDS OF CHANGE

Macro Economic Indicators

National Unemployment Rate• 8.9% in February, 13.7 million jobless individuals

5

Unemployment by Duration

60% unemployed longer than 15 weeks; 8.2 million16% unemployed 15-26 weeks; 2.2 million44% unemployed MORE than 27 weeks; 6+ million

17.5% unemployed less than 5 weeks; 2.4 million

6

Unemployment Rate by Education Level

0

2

4

6

8

10

12

14

16

No HS HS Diploma Associates BA+

7

13.9%

9.5%7.8%

4.3%

8.9%

Trends in the Unemployment Rate

National Association of Colleges and Employers – June, 2010

Monthly Payroll Growth

9

Payroll Employment Growth

10

Other Interesting Data from February

Additional 2.7 million Americans marginally attached to the workforceTotal of 6.4 million Americans who want work, but aren’t considered unemployed

6.9 million MULTIPLE Job Holders; 5% of workforce> 3.5 million hold 1 FT & 1 PT job> 1.8 million hold 2 PT jobs> 222,000 Americans work TWO FULL-TIME JOBS!

11

12

Online Recruitment Activity Continues On Path Of Year-on-Year Growth

About the Index: The Monster Employment Index provides HR professionals and labor market observers with a monthly snapshot of online job demand and employer recruitment activity. With traditional help-wanted advertising migrating online and nearly every Fortune 500 company utilizing online recruiting, the Monster Employment Index is uniquely positioned to contribute valuable data complementing official labor statistics. Tracking online job postings for positions to be filled within 30 to 60 days, the Index is an important leading indicator of labor market performance. Note that for each index series, the baseline value of 100 represents the average of the first 12 months of data. 

JAN 10 FEB 10 MAR 10 APR 10 MAY 10 JUN 10 JUL 10 AUG 10 SEP 10 OCT 10 NOV 10 DEC 10 JAN 11

Y-O-Y GROWT

H

114 124 125 133 134 141 138 136 138 136 134 130 122 7%

13

The Developing Trend

February MEI Data

14

15

Full Reports Available Online at:http://about-monster.com/employment/index/17

Site: Resource Center – Market Intelligence

March Data Released tomorrow!

16

Evolving World of Work

The New World of Work

18

The New World of Work

19

Undergraduate Plans After Graduation

National Association of Colleges and Employers – June, 2010

““Stuff” You Stuff” You Like to DoLike to Do

““Stuff” You’re Stuff” You’re Good atGood at

““Stuff” Stuff” Someone Someone Will Pay Will Pay

You to DoYou to Do

Your CallingYour Calling

A new way of looking at work?

EnvironmentEnvironment

Does this change things?

Qualifying the Applicant?Supporting the Student?Placing the Graduate?Retaining the Employee?

22

A Look Into the Future

BLS 2018 Projections-Change in Occupational Group

25

BLS 2018 Projections-Change in Service Providing Industry

26

BLS 2018 Projections-Change by Education/Training Category

27

BLS 2018 Projections-Fastest Growth Occupations

28

BLS 2018 Projections-Fastest Growth Occupations- Numeric

29

Don’t we need better data than this?

MORE TO COME!

30

Questions?

31

Thank You!

Eric WinegardnerVP, Client Adoptioneric.winegardner@monster.com ewmonster

32