New York City Job Market Update
Newsletter for LHH New York City office (Go to: http://www.esnips.com/web/LHHNYCJMC)
In This Issue
• Job Market Intel
• Career Events
• Networking Events
• JMC Job Search Tips
Also Included
• Useful Web Sites
• Media Resources
• Blue Steps
• Network of Experts
• Job Lead Sampler
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NYC Job Market Update
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C Access the latest and
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advance!
CRN SpotLight
Check out the approximately
150,000 jobs on LeadLink
and don’t forget to keep your
resume updated on Resume
Reserve. New employers
and recruiters are added and
are searching daily.
Access both on the web at:
November 7, 2007
Featured Employers: Prospect Capital (hedge fund), PSEG
(energy services), M Thrailkill & Assoc. (hospitality HR),
Egon Zehnder (financial services consulting)
Job Market Intel
SERVICE SECTOR STRONGER THAN EXPECTED
New orders give non-manufacturing industries a big boost, says a private research group.
November 2007
NEW YORK (AP) -- Strength in new orders helped propel the U.S. services sector to a faster-than-
expected growth rate in October, but economists warned the data didn't foretell that economic growth
would pick up soon.
The Institute for Supply Management said Monday that its index gauging the health of non-
manufacturing industries registered 55.8, up from 54.8 in September. A reading above 50 indicates
expansion, while one below 50 shows contraction.
The result was stronger than the 54 reading analysts had expected.
The services sector, such as airlines, hair salons, accountants, doctors, dentists and plumbers, has
been helping to prop up the economy even as manufacturing has slowed. "Non-manufacturing
business activity increased for the 55th consecutive month in October," said Anthony Nieves,
chairman of ISM.
The report's components showed growth in orders and slower expansion rates in employment and
prices. Nine non-manufacturing industries, including mining, retail trade, construction, real estate,
rental and leasing, professional, scientific and technical services, reported increased activity in
October.
Bernard Baumohl, managing director of the Economic Outlook Group, said the strength of the survey
was a surprise but cautioned that the state of the services sector is not always the best harbinger of
an economic turning point.
"To determine a turning point in the economy you have to look at the goods producing sector," he
said.
"People tend to still go to the dentist and the doctor even when things turn down," he said. "But you
can put off a purchase of goods."
According to Baumohl, if consumer spending slows in coming quarters, it will eventually apply the
brakes on the services sector, which he estimates at 85 percent of the U.S. economy.
Another economist said the survey lags at least one month behind retail shopping tallies in giving a
reading on the economy. "It tells us nothing at all about the strength of activity today, still less the
future," said Ian Shepherdson, chief U.S. economist at High Frequency Economics.
Last week ISM reported that U.S. manufacturing activity in October expanded for a ninth consecutive
month, but the rate of growth slowed. The organization's index of factory activity dropped to 50.9 last
month from 52.0 in September.
WALL STREET AWAITS SIGNALS ON ECONOMY
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 www.lhhcrn.com.
Blue Steps
We have negotiated a 20%
discounted rate for LHH clients
with Blue Steps the executive
search web site owned and
operated by the AESC
(Association of Executive
Search Consultants) which is
their professional organization
made up of over 200 of the top
executive search firms. See
your consultant for details.
AESC has around 200
member search firms, with
around 4000 consultants
around the world.
Stocks look for direction after mixed economic, earnings data and financial sector uncertainty.
NEW YORK (AP) -- Wall Street's in the dark about a lot of things - how much risky debt banks are
holding, how the Federal Reserve plans to keep the markets running smoothly, and whether the
strong parts of the economy will stay strong.
And like anyone in the dark, investors are having a difficult time finding their bearings. This week
could mean more floundering unless they get some clearer signals about the economy's resilience
and from banks and brokerages about the risks they face after investing in mortgages that later went
sour.
The Dow Jones industrial average finished last week down 1.53 percent after the erratic, triple-digit
swings the blue-chip index logged over those five days. The Standard & Poor's 500 index ended
down 1.67 percent, while the technology-dominated Nasdaq composite index finished up 0.22
percent.
The Federal Reserve on Wednesday lowered key interest rates by a quarter percentage point, as
expected. But it said the strained financial markets have eased a bit since the summer's credit crisis
and that "the upside risks to inflation roughly balance the downside risks to growth" - suggesting to
Wall Street that the Fed may not keep lowering rates to spur business activity.
That's a scary thought for some investors who believe the economy's health is in jeopardy due to
widespread credit problems. Last week's government data gave investors a very fuzzy picture of the
economy: October job growth was much stronger than expected, but September personal spending
and October manufacturing growth slowed.
The parts of the economy in question, as they have been for the greater part of the year, are the
housing and financial sectors. U.S. earnings, overall, are poised to post their first decline in five
years, thanks to poor results at companies who made bad bets when lending and investing.
Meanwhile, industries like technology have stayed robust.
"It's been an interesting tale of two markets," said Linda Duessel, market strategist at Federated
Investors in Pittsburgh. "The economy still looks good except for these two areas, which are deep,
deep, deep in the woods."
So far, there's not enough evidence to say the economy isn't surviving the recent crisis facing banks
and other lenders. "The market just hates the news they don't know yet," Duessel said.
There are still a few more quarterly earnings reports yet to come in. Companies with earnings
releases scheduled for this week include automakers General Motors Corp. (Charts, Fortune
500) and Ford Motor Co. (Charts, Fortune 500); technology companies Cisco Systems
Inc. (Charts, Fortune 500), Sun Microsystems Inc. (Charts, Fortune 500) and
Qualcomm Inc. (Charts, Fortune 500); and insurers American International Group
(Charts, Fortune 500) and Marsh & McLennan Cos. (Charts, Fortune 500)
And though the economic data schedule is thin this week, there are a few reports that investors will
be monitoring. The Institute for Supply Management releases its October index on Monday, and
economists are anticipating, on average, slightly weaker growth than in September. Meanwhile, the
University of Michigan is expected to show a dip in consumer sentiment in November compared with
October.
But even if these reports turn out to be upbeat, they're not likely to give the market much of a boost to
the upside. The Fed seems satisfied with how the economy is doing, so a good set of numbers won't
change its sentiment. Wall Street is likely to get more direction from inflation figures - the Labor
Department's producer and consumer price indexes - which aren't scheduled to be released until
next week.
And any unexpected good news about the economy is also unlikely to have an impact. So Wall
Street will have to wait a while before it can emerge from this latest morass.
From Execunet:
Girding For Growth: Nearly Half of Executive Search Firms Plan To Hire
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The pace of executive-level hiring has nearly half of executive search firms planning to add
additional professional staff now through year-end.

That's according to the findings of ExecuNet's benchmark Search Firm Hiring Index, a barometer of
executive recruiting activity pegged to the investments that search consultants are making in their
own staffs.

The ExecuNet survey found that 78 percent of responding executive recruiters expect at least a 10
percent increase in the number of executive recruitment assignments received from corporate
clients as they wind down this calendar year.

To help manage that anticipated growth, 46 percent of them plan to add consulting and/or research
staff.

JMC Job Search Tips (Simple Things pt 64…)

Understanding Marketing Yourself: Part 2 – Examine Your Product …
Once you have a reasonable understanding if the marketplace as it pertains to your
specific segment, you should now be ready to measure how you, meaning your skills and
qualifications, stack up. In other words are you selling what the market wants to buy? Ask
yourself objectively based on your newly verified understanding of the marketplace, “if I
were the buyer (employer), would I buy this product (does this person have what this
company needs)?” If the answer is “no”, then two questions come to mind: 1) Are you
targeting the right companies? And 2) if so, what is keeping them from seeing it? The
action or lack of indicated by the first question is obvious but the second question demands
that we take a serious look at both the content and quality of the message. Next time:
Examine your message…

Career Events
=======================================================================================================================

November 13, 2007 - JobExpo

Location: Radisson Martinique,
49 West 32nd St,
New York, NY 10001;
Time: 10 am - 3 pm

Networking Events (free / low cost events that may interest you)

The "C" Network

"Surviving Corporate America"; Tuesdays, 1 p.m.; people of various professions are brought together
to debate how to break through the elements for finding work; paid preregistration required; call for
locations and further information.
Fees: $12
100 Park Avenue, New York, New York 10017
Sponsor information
The "C" Network
Contact: TheCnetwrk@aol.com, 718/263-3501

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
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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.

Free web sites continued…

http://www.nj.com/jobs/quicksearch/ links to job postings:11 NJ newspapers incl. the 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

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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

Fee Based Sites:

http://www.bluesteps.com Association of Executive Search Consultants (AESC) resume database.
LHH has a discounted rate (See your consultant)
www.theladders.com Based in New York City, TheLadders.com, Inc. is a privately held company
offering premier online job search destinations and content for the $100k+ sector of the employment
market. The company operates its primary consumer destination at www.theladders.com as well as
specialized job search Web sites for Sales, Marketing, Finance, Human Resources, Law,
Technology, Operations and all other $100k+ fields. For corporate and executive recruiters,
TheLadders.com operates TheLadders for Recruiters, enabling them to easily post and manage job
openings.
http://www.executivesonly.com lists executive jobs
http://www.netshare.com lists executive jobs
http://www.execunet.com lists executive jobs
http://www.executive.computerjobs.com lists executive technical jobs
http://www.vicepresidentjobs.com a resume posting site

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

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

5
Executive Job Listings in the Not-for-Profit Sector Advertised openings:
http://www.ceoupdate.com lists non-profit executive level jobs
http://www.execsearches.com lists non-profit executive level jobs
www.fdncenter.org/pnd/jobs
www.idealist.org

Search firm listed openings:

www.howe-lewis.com
www.drgnyc.com
www.pogsearch.com
www.imsearch.com
www.auerbach-assc.com
www.slesingermanagement.com
www.explorecompany.com

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.
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)
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 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,
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
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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 Jay Colan and the generous, spirited people who participated in the NY Media and Entertainment
networking group in January and February of 2007.

________________________________________________________________________________

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Job Lead Sampler (For many more check LeadLink)

Financial Svcs Consultant, Egon Zehnder Int'l.
SR HR Generalist, amNew York
Investment Professional, Prospect Capital Mgmt
Treasurer, Prospect Capital Mgmt.
Chief Executive Officer, The Alexander Grp.
Compensation Analyst, Morgan Douglas
Sr. Consultant, Compensation Planning, Morgan Douglas
Sales Compensation Program Mgr, Morgan Douglas
Senior Analyst Compensation, Morgan Douglas

8
Associate Dir/Director Strategic Sourcing Leader, Branchburg,NJ,
ImClone Systems, Inc., $125k + Bonus
Art Resource Coordinator, Publishers Clearing House
Analyst - Credit & Collections, Publishers Clearing House
Manager - Quality Control Assurance, Publishers Clearing House