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VIRTUALISATION Jobs rebound imminent, says leading headhunter
VIRTUALISATION Jobs rebound imminent, says leading headhunter | Jobs rebound imminent, says leading headhunter |
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| by Peter Dinham | |
| Friday, 31 July 2009 | |
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Releasing the results of the firm’s executive job index, E.L.Consult managing director, Grant Montgomery, said he also expected general employment levels to hit their lowest point in the last quarter of the year, and then start to recover. “Given that the E.L Index tends to lead general employment trends by between three and six months, I would expect that we will begin to see a bottoming in general employment levels in the last quarter of the year, and the general employment statistics starting to recover as early as April 2010.” And, there’s also a note of optimism for the general employment market and those keen to retain their jobs, with Montgomery saying that, based on E.L.Consult’s research, the generally touted 8.5 per cent peak in the general unemployment is unlikely. According to Montgomery, a number of economic indicators are bottoming if not turning positive, including such important indicators as the rate of first-time unemployment claims in the United States. “US stock markets are currently at their high point for 2009, benefiting from a better than expected corporate profit reporting season. CONTINUED page 2 |
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