Welcome to Spring,
I know many of us in northern climes are happy to move into this new season, having put up with some pretty nasty conditions this winter.
Similarly, I think the same holds true for the economy and the jobs picture. This recession “recovery” has been the longest and slowest on record, according to the experts. Let’s hope that the worst is well behind us and we see some real growth in the GDP and the job market.
We all know the job picture has changed considerably from where it was in 2008-2009. Companies have achieved record profits with fewer people, and automation means many former jobs will not come back. We have gone through a restructuring of the economy over the past few years.
Nevertheless, the need for skilled employees remains at high levels and the demand is larger than the pool of potential candidates – this holds true for everyone from welders to IT architects. As we look at this situation, it may be helpful to note that there is a difference in the world of permanent jobs versus temporary contracting positions.
In my observations and current thinking, companies are going to remain tilted toward NOT hiring perm employees. They will hire contract workers to fill in some gaps in their internal resources and skills mix, and for project-based assignments. But, as you know, things change all the time. The resurgence of the housing and stock market may see a larger number of baby boomers retiring, thus opening up opportunities for permanent employees. Time will tell.
The rosiest picture for permanent employment will be in healthcare as our new healthcare laws become implemented. Other sectors of the economy are dependent on many variables and so intertwined that it is hard to predict how things will shape up. I am hopeful, however, that the supply chain/logistics world, energy, auto and home products will also contribute to positive employment numbers.
Since EDI Specialists, Inc. can be viewed as a microcosm of the economy and overall IT jobs market, I suggest you check our jobs board to see first-hand what and where the opportunities are currently.
Wayne from Maine
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