Concert Calendar New Releases Artist of the Week Classic Hits Links Listen Now Join the Workforce Promotions JC & the U-Man All Around Town Singles Connection Air Personalities Contact Info Advertise With Us Half Price Deals Great Outdoors Clubs / Venues St. Louis Attractions Career Channel Autoworld Traffic		The Shift has Begun By Tim Connor We have been forecasting the shift from a buyer's market to a seller's market in labor. Our message has been very clear that the past few years were only a pause in the demand for top talent and that the employment market would tighten up again. The shift to a seller's market has begun. The first metropolitan area to flip to a seller's market is the region known as "DELMARVA"---Delaware, Washington, DC, Maryland, and Virginia. The employment market in that region is now causing serious problems for employers who need to hire new workers. Enough opportunities are available that employee turnover has reached dangerous levels in a number of organizations. To forecast which metropolitan areas---and other regions---are prone to flip to a seller's market, we monitor labor statistics, the economy, recruiting activity, staffing agency workloads, demand for executives by retained search firms, and other indicators. We have obtained comprehensive information that the National Capital Region has made the shift. Unemployment in Northern Virginia is now at 1.8 percent. This condition in the Washington, D.C. area is just the beginning. Our research shows that ten other regions in the United States are positioned to flip in the not-too-distant future. These areas, identified in a "Red Alert Report" produced by The Herman Group and VetJobs.com, are spread around the country and are influenced by different industrial sector factors. The trends are in place. The move to a seller's market is underway---at a faster rate than most people expect. Consequently, at least one-third of employers will be caught without sufficient preparation for the groundswell of employee turnover and the need for aggressive recruiting. And a significant number of workers will not be prepared or positioned to take advantage of the situation and pursue the most desirable jobs. Over the next few months, a substantial proportion of corporate leaders, employees, unemployed people, government officials, and journalists will be confused by seemingly conflicting numbers. Hampered by rear-view mirror forecasting---trying to move forward while looking at where they have been, many people will be surprised by the rapidly changing employment market. « Return to Previous Page Career Content ©2003 The Employment Channel		What is more important? • Health • Happiness • Money MO Power Ball:  14, 31, 35, 45, 47, Powerball: 35, Power Play: 3 IL Mega Millions:  16, 19, 21, 34, 35, Mega: 22 results posted by 9am following day Saint Louis, MO Clear 80°F MORE→
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