Jobs Outpace Talent - Affects Recruiters Says Leading Job Board, Talent Zoo

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Talent Zoo Reports Increase in Communications Jobs Available Nationwide, Recruiters Working Overtime to Fill Positions - Most media outlets point out that the overall unemployment rate in the US has grown to 4.6 percent - a 4 month high - in January 2007. This rate is attributed to a hesitancy of employers to add jobs despite economists' expectations of a lower unemployment rate and higher job growth of 150,000 positions.

According to leading job board Talent Zoo, all signs in the recruiting world point to exactly the opposite.

Niche recruiting firm Talent Zoo has seen an incredible increase in the job market near its headquarters in Atlanta and across the country in the communications industry. So much so that there isn't near enough talent to fill these positions. In some markets, this comes as a direct rebuttal of some naysayers claiming there aren't enough jobs for people.

In fact, even recruiters are having trouble filling their positions due to lack of talented individuals. Recruiters have been getting a large influx of jobs due to a thin talent pool, and it becomes difficult to fill their job orders without increasing staff levels. The job market classically goes in cycles that reflect economic stability.

For periods between 2 and 6 years, the number of available jobs are much higher than those of qualified candidates, then the whole situation will shift to not having enough jobs for a large talent pool.

Economic stability has shown to be a main driver of demand for talent, especially as it relates to advertising careers. When the economy is strong, people have more disposable income, which allows companies to capitalize on high consumer spending through marketing and advertising, in turn creating more jobs.

Most people don't relate the job market to cycles similar to the housing market, there can be very large differences between supply and demand for talent. Periods of balance don't last very long, which is why recruiters are often in high demand. Now seems to be a time where hiring is at a max, and even recruiters are feeling the pain for their own staffing.

Amy Hoover, EVP at Talent Zoo, notes that they have grown their recruiting staff over 50 percent in the past two years in order to counter the increased demand for well-qualified candidates. Talent Zoo plans to continue to increase their staffing levels in the first 2 quarters of 2007 for a 2-year staff increase of over 200 percent.

About Talent Zoo
Talent Zoo is the leading communications executive recruiting firm and online job board. We are the hiring solution for communications industry talent consistently chosen by top companies across North America.
Named by Forbes as "Best of the Web" for niche job boards, is currently approaching 1,000 authentic jobs daily. TalentZoo's job board lists the most sought after communications industry jobs in North America.


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Jolina Pettice
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