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Newsletter for LHH New York City office (Go to: http://www.esnips.com/web/LHHNYCJMC) February 5, 2007
Get Your Copy He settled into office at a slightly tricky time. He bore responsibility for deciding when to pause the
NYC Job Market Update long series of quarter-point rises in interest rates, at a time of rising inflation, high energy prices and
a deflating bubble in the housing market. His decision to do so in August now seems vindicated by
available online at:
http://www.esnips.com/web/LHHNYCJM events. Until recently the economics scene was grim with talk of just 1% growth, or perhaps outright
C Access the latest and recession. Now, suddenly, things seem sunnier. On Wednesday January 31st new figures for the last
quarter of last year showed the economy grew at a stronger than expected annual pace of 3.5%.
back editions. Copies are
also available in the This was despite dramatic softening in the housing market. Construction spending has made a
common areas and from sizeable contribution to GDP in recent years, but the fourth quarter continued a marked decline;
your consultants… If you residential fixed investment fell by almost 20%. In a separate announcement on Wednesday, the
have information to Commerce Department indicated that residential construction spending in December was 12.5%
lower than the level a year earlier, with the decline concentrated in single-family homes. The drop in
submit, contact Rod
residential fixed investment cut 1.2% from GDP.
Williams at
rod.williams@lhh.com or Even more than a drop in construction, however, economists have worried about the effects of falling
212.455.8583. Thanks in housing prices on consumer spending. For years now, consumers have tapped home equity to
advance! sustain spending, and even those who have not may be spending more freely because their rising
home values make them feel wealthier. It was expected that when the bubble deflated and the
process reversed itself, the result might be a recession.
CRN SpotLight The bubble has certainly deflated—the latest data show a fall of 0.8% in December existing home
sales, more than economists had expected. But it is not as bad as feared. Thanks, it is believed, to
price adjustments, the sales of new homes are surprisingly strong. Consensus estimates had
Check out the approximately predicted a rise of a little over 1.2% for these in December; instead, they surged by almost 5%, after
150,000 jobs on LeadLink a healthy rise in November. But consumers remain cheerful. On January 30th the Conference Board,
and don’t forget to keep your a private research group in New York, said that its confidence index, which had been expected to
resume updated on Resume remain flat, had edged up slightly.
Reserve. New employers
Much of the movement came from a significant shift in consumer perceptions of the job market.
and recruiters are added and Although George Bush’s government has been touting low rates of unemployment for years, beneath
are searching daily. the headline figures conditions have long looked less rosy for the average worker, with shrinking
labour-force participation and stagnant real wages. The figure for average weekly hours worked is
Access both on the web at: still dropping slightly, indicating further slack in the labour market. But both hourly and weekly
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www.lhhcrn.com. earnings started to rise in the second half of last year, and a jobs report to be published on Friday is
likely to show these trends continuing.
Blue Steps In particular, some of the structural conditions that have plagued the labour market may be
improving. The low labour-force participation rate (it is still almost a full percentage point below its
peak) and the lengthening duration of unemployment, which rose from just over 12 weeks in 2001 to
We have negotiated a 20% more than 20 weeks in 2004, have lent credence to the idea of “jobless economic recoveries”. This
discounted rate for LHH clients suggests that unemployment is increasingly caused not by cyclical factors—when workers are
with Blue Steps the executive temporarily laid off as aggregate demand drops—but by structural changes, when whole job
search web site owned and categories and industries suffered permanent reversal. Workers displaced by the latter sort of shock
operated by the AESC take longer to find jobs, and may struggle to transfer skills and get the same level of pay.
(Association of Executive Recently, however, those indicators have started to improve. Average hours worked are creeping
Search Consultants) which is back towards their historical averages, while the duration of unemployment has fallen sharply. The
their professional organization economy also appears to be creating jobs more quickly today. And consumers may be cheered by
made up of over 200 of the top other factors, such as declining energy costs: oil is trading at around $56 a barrel, and petrol prices
are flirting with $2 a gallon.
executive search firms. See
your consultant for details. Not that this makes Mr Bernanke’s job easy. He will be watching labour costs for signs of inflationary
AESC has around 200 pressure. And those pleasant indicators could easily become less attractive. Many still fear for the
member search firms, with housing market. Some OPEC members may try to push up oil prices again. Mr Bernanke has
weathered his first difficult passage, but it is unlikely to be his last.
around 4000 consultants
around the world.
From Execunet:
Recruiters Bullish About Executive Search Activity In First Half of ’07
ExecuNet's benchmark Recruiter Confidence Index hit an all-time high in December, as 82.5 percent
of 120 responding executive search consultants indicated they are "confident" or "very confident" that
the executive recruitment market will grow in the first half of the new year. That mark topped a
previous recruiter confidence record set in November of last year by two-and-a-half percentage
points.
"Search firms are confident in the continuing upward curve as they have had a 'flurry' of new
searches come in and others promised as part of 2007 planning during discussions with clients who
want to be in line to be served," says Janet Jones-Parker, managing director of Jones-Parker/Starr, a
Chapel Hill, N.C.-based consulting firm that recruits talent for search firms and corporate executive
staffing teams. Further, adds Jones-Parker, a former president of the Association of Executive Search
Consultants (AESC), "There is a solid year coming up in every economic sector." Introduced in May
2003, ExecuNet's Recruiter Confidence Index has been confirmed by independent analysis as a
"leading indicator" of executive search activity. So, with that in mind, let the good times roll!
Three Manhattan-based tech companies have attracted significant investments as venture capitalists
find more opportunities in New York.
Venture firms Greenhill SAVP and North Hill Ventures led the $14 million investment in Serious Inc., a
digital publishing and marketing firm.
The tech industry is in its third year of recovery, and Silicon Alley entrepreneurs who were burned
during the dot-com crash have resurfaced with newfound wisdom.
London-based venture firm DN Capital led the $10 million investment in Digital Railroad, which
developed technology that manages professional digital photographs. Morgenthaler Ventures and
Venrock Associates also put money in Digital Railroad.
Additionally, Manhattan-based Hanger Network, a marketing firm that uses eco-friendly hangers to
advertise to consumers, announced Monday it has raised $8 million from venture firms Kodiak
Venture Partners and Sigma Partners.
Some 249 New York area companies received venture financing last year, a 44% increase over
2005. Total investment reached nearly $2 billion.
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Job Fairs
Experienced hire job seekers must pre-register for the event by March 1, 2007.
Employers have already begun to extend invitations to candidates so sign up
today!
Event Information
March 20, 2007
Time: 8:30 a.m. - 8:30 p.m.
Location:
McGraw-Hill Conference Center
1221 6th Avenue, 2nd Floor
New York, NY 10020
Networking Events (free / low cost events that may interest you)
High Speed Networking
February 8; 6:30 to 8:30 p.m.; Make new business contacts and network with other professionals;
Advanced booking recommended; Held at Techspace
Fees: $25 NFP members, $35 non-members. At the door: $40
Techspace 41 East 11th Street, 41 East 11th Street, New York, New York 10003
Sponsor information
Networking For Professionals
Contact: Events@NetworkingForProfessionals.com, 718.625.1369
Web site: http://www.networkingforprofessionals.com/eventlistings.php?event=HSNNY
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NETWORKING EVENTS CONTINUED…
Long Island Shakers and Stirrers
February 15; 6 to 8 p.m.; Make quality business connections and mingle with top professionals; Held
at Black Forest Brew Haus
Fees: NFP Members: $10, Non-Members: $15 AT DOOR: $20 for everyone
2015 New Highway, Farmingdale, New York 11735
Sponsor information
Networking for Professionals
Contact: Events@NetworkingforProfessionals.com, 718.625.1369
Web site: http://www.networkingforprofessionals.com/eventlistings.php?event=SSNY
Fees: $12
100 Park Avenue, New York, New York 10017
Sponsor information
The "C" Network
Contact: TheCnetwrk@aol.com, 718/263-3501
Please note: The next “JMC Live” will be held on WEDNESDAY, February 7,
2007 at 12:30…
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Useful Web Sites
Here are a few free online locations that could prove helpful (if you know of other new or
unique sites forward them to me at rod.williams@lhh.com)
www.worldwit.org. It's a new design, new navigation and a ton of new content. But most excitingly for
us, our site now includes something that so many of our members have asked for: a careers site!
Our careers area, WorldWIT's Hire Ground, is the first online recruiting site that reaches women 'at
the intersection of work and life' with job alerts in the daily WorldWIT email digests. Jobs are also
posted on the searchable WorldWIT's Hire Ground website
http://newyorkcity.employmentguide.com/ bills itself as a portal for entry-level or a mid-management
positions. EmploymentGuide.com has got you covered. With our FastAPP feature we have made
searching for jobs faster and easier than ever. Simply complete an application and we’ll send it to
matching employers in your area.
http://www.janplace.com/ a site for those seeking opportunities in publishing, licensing, children’s &
family media, entertainment, interactive media, and related areas
http://www.gadball.com an excellent site that provides Free Job Search - over 100,000 Active Jobs!
Free Resume Distribution, Free GadBall Discussion Forums, Free Career Email Address, Free
Personal Email Address features links to For Sale Listings and many other types of information
portals from television/movie listings to the weather. It also has an online calendaring tool, news,
games, and entertainment links.
http://www.JobsOnWallStreet.com bills itself as the leading financial services online job board
http://www.efinancialcareers.com/ bank jobs, finance jobs, recruitment in the financial markets,
accounting and investment banking
http://newyork.craigslist.org/ another site that’s pretty cool. It bills itself as the following: craigslist is
about: giving each other a break, getting the word out about everyday, real-world stuff. restoring the
human voice to the Internet, in a humane, non-commercial environment. keeping things simple,
common-sense, down-to-earth, honest, very real. providing an alternative to impersonal, big-media
sites. being inclusive, giving a voice to the disenfranchised, democratizing ... being a collection of
communities with similar spirit, not a single monolithic entity.
http://www.worklife.com/ Worklife.com provides industry specific career channels with a wealth of
information tailored to your career goals. Select a career channel to research industry information,
search jobs and build your portfolio.
www.ComputerJobs.com Recruiting Trends reports that ComputerJobs.com, an employment website
for Information Technology (IT) professionals and those who employ them, has launched a new web
site where IT professionals can discuss their careers, technology, current events, and more. The new
community called "The ComputerJobs.com Community," also offers employers resume keyword
searches, and job seekers the ability to search for high tech jobs on www.ComputerJobs.com.
http://www.teamworkonline.com/ a listing site that focuses on jobs in professional sports with teams,
offices, and connected entities (sports management, sporting goods, etc.). Here’s what they say
about themselves: 71% of the jobs posted here were filled by online candidates!
www.WomenSportsJobs.com currently has over 1,000 jobs posted in the following fields: Sports
Marketing, Sales, Advertising & Promotions, Public Relations, Sports Media, Broadcasting, Facilities,
Sports Events & Operations, Recreation, Health & Fitness, Website, Technology & Computers
http://www.job-hunt.org/ a terrific informational resource for job seekers
http://www.hightechny.com/ NY Labor Bureau site for IT employment (thanks Jay Colan)
http://www.ithotjobs.com/ bills itself as “ITHotJobs.com launched in 2001 to assist BIG 4, Top Tier,
Software 500, Fortune 1000 IT job seekers most impacted during the downturn has grown to
286,000 members and is utilized by over 9,775 IT specific recruiters.”
http://www.jobcircle.com/ JobCircle.com currently operates in CT, DC, DE, OH, MD, NY, NJ, PA, VA,
and WV , and provides a totally regional job search experience using our unique Latitude/Longitude
functionality.
http://www.dogpile.com great search site that uses Google, Yahoo, Ask Jeeves, About, Look Smart,
Overture, and FindWhat (talk about powerful!)
http://www.allretailjobs.com/ the name says it all
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Free web sites continued…
http://www.nj.com/jobs/quicksearch/ links to job postings for 11 New Jersey newspapers including
the statewide Star-Ledger
http://www.chiefmonster.com a Monster.com site for Senior Executives
http://www.6figurejobs.com lists executive Jobs
http://www.ceoupdate.com lists non-profit executive level jobs
http://www.execsearches.com lists non-profit executive level jobs
http://www.bigfivetalent.com lists Big Five Jobs
http://www.employment911.com/asp/index.asp claims currently over 3,000,000 jobs posted by
companies that use them and searched from over 300 major career sites along with jobs including 1-
Jobs.com, Hotjobs.com, American Jobs, Infoworks USA, America's Employers, JobBank USA,
America's Job Bank, Job Pilot USA, Bakos Group, MarketingJobs.com, Career Avenue,
Monster.com, Best Jobs USA, NationJob Network, Career Builder, Net-Temps.com, Career Mosaic,
Perot Systems, Career.com, Prohire.com, Career Magazine, Recruiters Online Network, Career
Web, Select Jobs.com, Computerjobs.com, Softwarejobs.com, Computerwork.com, The Job
Resource, Crosswalk.com, Top Echelon, Dice.com, TopStartups.com, Employment 911, US Careers
Resource Center, Headhunter.net, Westech Virtual Job Fair. Offers some pay services but quite
effective without them.
http://seeker.dice.com/profman/searchEngineMarketing.jsp?rel_code=100 more tech jobs
http://www.guru.com/pro/professionals.cfm?tc=20010&kw=job%20search%20web%20 site helps you
find IT, creative, business and office/admin projects all on one website!
http://www.e-careercenter.com/ &
http://www.job.com/index.cfm?us=164&AID=6944408&PID=1225587 2 sites for posting resumes and
searching jobs
Entrepreneurial Sites:
http://www.startupzone.com employment
http://www.topstartups.com employment
http://www.garage.com lists tech ventures and employment
http://www.fastcompany.com online version of magazine
http://www.vfinance.com funding for entrepreneurs
http://www.vcbuzz.com venture capital info
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Non-Profit Sites:
http://www.philanthropy.com non-profit info and employment
http://www.nonprofits.org/ non-profit info
http://www.chronicle.com higher education info and employment
http://www.guidestar.org/ national database of non profits
Media Resources
Please update by sending additional resources/corrections to jay.colan@LHH.com news and
trends:
television/print/music/interactive/digital/telecom/advertising
http://www.mediabistro.com/ -- Media Bistro: media industry networking and informational site.
Includes, news, advice, events listings, job boards, and discussion groups.
http://www.iwantmedia.com/– daily round up of media and industry news; extensive links to
other, related publications and sites.
http://www.poynter.org/medianews– Jim Romenesko’s media news: news, trends, extensive
links to other news and media related sites.
http://www.mediachannel.org/ -- Media Channel: global media news, issue guides, educational
aides.
http://www.mediaweek.com/ -- Media Week: online media news magazine.
http://www.insidemedia.com/
http://www.media.guardian.co.uk/ -- The Guardian online specialized media site.
http://www.eweek.com/– eWeek online version: media and new media news and resources
http://www.media-news.com/– Media news site, segmented by industry.
http://www.internews.org/– Internews: promoting free and open media on a global scale.
http://www.broadbandweek.com/– Broadband Week online version.
http://www.telecomcareers.net/– TelecomCareers.net: career resources, etc.
http://www.catv.org/-- CATV Cyberlab: news, resources for cable, broadband, and new media;
extensive list of links.
http://www.cabletoday.com/index.html– Bigpipe.com: cable news, resources, extensive links.
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http://www.emonline.com/index.html– Electronic Media online version.
http://www.dmnews.com/cgi-bin/index.cgi– DM News: online direct marketing news.
http://www.headlinespot.com/-- comprehensive news site: news, extensive links
http://www.tvinsite.com/broadcastingcable/index.asp?layout=webzine– Broadcasting Cable
online: news for broadcast and cable industries.
http://www.cableworld.com/– Cableworld online version: cable and broadband news
http://www.minonline.com/index.html—Min magazine: media business resources
television/print/music/interactive/digital/telecom/advertising (cont’d)
www.paidcontent.org focus on "the economics of content"
http://www.212nyc.org/ - interactive focus
www.mediapost.com
www.inanet.com for designers and art directors
www.cynopsis.com - daily briefing for broadcasting and cable, with job postings for NY and LA
Digital Music News (site/publication?)
www.nyctechwire.com
Inside Radio (site/publication?)
www.adage.com Advertising Age site
http://www.poynter.org/ - Web Tips – tracks U.S. TV
www.entertainmentcareers.net
www.rightmedia.com
www.venturewire.com – v.c. focus?
www.variety.com Variety - entertainment focus –including job links
This Week in Technology
British Academy of Film and Television Artists
http://www.digitalmusic2006.com/ - digital music forum
www.worldscreen.com Int’l News on programming /content that inevitably includes notes on
many NY companies
www.lightreading.com technology news with many notes on content deployments
www.digitalmedia.com – conference listings are searchable to obtain contact info for speakers
Multi-Channel News – publication?/site?
www.fierce.com – mobile media including wireless, IPTV and mobile media
BillBoard – music publication
www.journalismjobs.com
associations:
http://www.catm.com/-- Cable & Telecommunications Association for Marketing: library,
research, job bank, etc.
http://www.ncta.com/index.cfm– National Cable & Telecommunications Association: industry
news, legislative information, career resources, etc.
http://www.cthra.com/indopps.html– Cable and Telecommunications Human Resources
Association: job opportunities and career related links
http://www.aaaa.org/news/related_assoc.html– American Association of Advertising Agencies:
related industry links.
http://www.nynma.org/– New York New Media Association:
http://www.cabletvadbureau.com/– Cabletelevision Advertising Bureau: news, research, links,
career information.
http://www.ctpaa.org/– Cable Television Public Affairs Association
http://www.wict.org/main.cfm– Women in Cable & Telecommunications: resources and links
dedicated to improving the standing of women in the cable industry.
http://www.interactivehq.org/ -- Association for Interactive Marketing: research, education,
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events, networking.
www.americanbusinessmedia.com – association of business media companies
www.namme.org – National Association of Minority Media Executives
Magazine Publishers Association (MPA)
Online Publishers Association (ironically I don’t have the URL)
theory and scholarship:
http://www.ctheory.com/– CTheory: current scholarship on cultural, media, and critical theory
http://www.theory.org.uk/– media and social/cultural theory focusing on pop culture
http://www.utexas.edu/coc/journalism/SOURCE/j363/keywords.html– quick resources to major
leaders in mass communication studies
www.release1.0.com – Esther Dyson publication on v.c. and new technologies
Edventures – same on Ester Dyson
other resources:
http://www.hbscny.org/upcoming_events.htm - Harvard Business School Club of Greater NY –
Look for the Media Guru breakfasts
Media Staffing Professionals - Chicago based with jobs throughout the country
"The Soul of the New Consumer" - book on thinking for marketers and product developers
www.current.org – resource on NPR?
www.voice123 – voiceovers
One World? – cable advertising?
Promo magazine and Events Marketer for event marketing people
Provided by Ben Baumes, Jay Colan and the generous, spirited people who participated in the NY Media and
Entertainment networking group in January and February of 2005.
________________________________________________________________________________
The Network of Experts is looking for experienced professionals and subject matter experts across a
wide range of industries. We are a research firm serving the asset management and private equity
communities, and we rely on the experts in our network to educate our clients.
We offer unique benefits for people who are employed full-time, retired, or in transition:
* You earn consulting fees at the hourly rate you set yourself for short assignments that occur via
telephone or through surveys and email exchanges.
* You get to interact with influential money managers and to broaden your personal network.
* You have engaging conversations on relevant and current topics in your industry.
* You participate in a simple and straightforward program that never charges you any fees, protects
your privacy, and works around your busy schedule.
www.networkofexperts.com
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VP Sales, Panos Brands-Saddle Brook, NJ
Architect - IT, Boutique Bank; Callaghan, Int'l.
VP Business Development, Shermans Travel, LLC
VP & Mgr - Transactional Business Grp, BTM-Mitsubishi
Asst VP - Comptrollers Dep't., BTM-Mitsubishi
VP Portfolio Mgmt Grp, BTM-Mitsubishi
Asst VP - Internal Audit Ofc, BTM-Mitsubishi
Banking Offcr-Analyst - Data Warehouse Mgmt, BTM-Mitsubishi
Sr. Specialist - Japanese Corp Banking, BTM-Mitsubishi
Specialist - Japanese Corp Banking Grp, BTM-Mitsubishi
VP - Compliance Div Officers, BTM-Mitsubishi
Coordinator Career Svcs, Women's Ctr for Education & Career
Advancement
Banking OfFcr - Derivatives Ops, BTM-Mitsubishi
Associate/Asst VP - Securities & Planning, BTM-Mitsubishi
Loan Administrator, BTM-Mitsubishi
Asst VP - Compliance Div, BTM-Mitsubishi
Asst VP - Compliance Div for Americas, BTM-Mitsubishi
Assoc Dep't Specialist - UFJ Securities-Equity Research, BTM-Mitsubishi
AVP/VP - Business Line Compliance, BTM-Mitsubishi
AVP/VP - Compliance Div for Americas-Business Line, BTM-Mitsubishi
AVP/VP - Compliance Div for Americas - Business Line, BTM-Mitsubishi
Banking Offcr - Compliance Div for Americas-AML/Customer Transaction,
BTM-Mitsubishi
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