Beyond.com Reports 11 Percent Decrease in Online Jobs in Q2 2008.Healthcare and IT Proved To Be Recession-Proof Industries Some industries are considered by economists as Recession-proof industries. Goods and services produced by theses industries have a low income elasticity of demand and thus business involving these goods remains relatively stable despite the fall in discretionary income that occurs PHILADELPHIA -- Beyond.com, Inc., the world's largest network of niche career communities, today released its Second Quarter 2008 Career Trend Analysis and Industry Outlook Reports. As expected during times of economic uncertainty, employers have slowed hiring which has led to an 11 percent decline in the number of online jobs posted in Q2 2008. The industry with the largest percentage decrease was Management & Business (-3.41%). Although this industry often ranks among the top industries for jobs, it has fallen below the top ten industries for the first time in two years. Other industries that experienced large declines were Accounting & Finance (-0.91%) and Engineering & Architecture (-0.21%). Although many industries have been affected by the economy, some industries experienced continued growth during this period. Information Technology continued to hold the top position with 13.99% and exhibited the second largest percentage gain over the past 12 months with 1.13%. Healthcare & Medical also remained strong with 12.65%, representing not only one of the largest percentage gains of 0.52% this period, but the largest gain over the past 12 months with 2.15%. "While many industries are experiencing a decline, the healthcare industry has continued to grow to keep up with the rising demand for in-home services, nurses and other healthcare workers as a result of the aging population," says Rich Milgram CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Beyond.com, Inc. "To recruit top talent in this tight labor market labor market A place where labor is exchanged for wages; an LM is defined by geography, education and technical expertise, occupation, licensure or certification requirements, and job experience , many healthcare employers are offering generous salaries, signing bonuses A signing bonus or sign-on bonus is a sum of money paid to a new employee by a company as an incentive to join that company. These are often given as a way of making a compensation package more attractive to the employee e.g. if the annual salary is lower than they desire. , continuing education continuing education: see adult education. continuing education or adult education Any form of learning provided for adults. In the U.S. the University of Wisconsin was the first academic institution to offer such programs (1904). credits and flexible work schedules to attract and retain workers in this growing industry." The complete Career Trend Analysis Report and Industry Outlook Reports are available by visiting http://www.beyond.com/Media/QuarterlyReports.asp. About Beyond.com, Inc. Beyond.com, Inc. is the world's largest network of niche career communities, powering thousands of geographic and industry-specific sites. We are dedicated to helping business professionals, corporations and vertical communities connect with each other by providing relevant career search services, networking tools and portal software Portal Software was founded in 1985 as Portal Information Network, one of the first ISPs in the San Francisco Bay Area. It was founded by John Little. The company offered its own interface through modem access that featured Internet email. solutions. Beyond.com was named to Inc. Magazine's prestigious 'Inc. 500' list of the fastest growing private companies and is a Safeguard Scientifics (NYSE NYSE See: New York Stock Exchange :SFE See Sydney Futures Exchange. ) partner company (www.Safeguard.com). |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion