DoubleStar’s Hiring Trends Survey Reveals Continued Improvements Tempered with Uncertainty in Mid-Atlantic Job Market

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Amid many inconsistencies, results show more companies reporting hiring increases for the second consecutive quarter.

"It appears that 2010 will hold some improvements in employment, but the data suggests that those improvements will be slow and uneven."

DoubleStar, Inc., a leader in Recruitment, Recruitment Process Outsourcing, and Workforce Analytics solutions, today announced the results of its quarterly online survey of Human Resources decision-makers of leading companies in the Mid-Atlantic area. The survey seeks to quantify four major indicators of employment market health from the corporate perspective – headcount, hiring activity, recruitment staffing, and recruiting budgets.

“This quarter’s survey results show a continuation of “murky” conditions in the Mid-Atlantic labor market. It appears that 2010 will hold some improvements in employment, but the data suggests that those improvements will be slow and uneven. Unemployment rates should decrease at a slow rate, but we would not be surprised to see erratic variations month-over-month as 2010 unfolds,” says Harry Griendling, Founder and CEO at DoubleStar.

Highlights from the survey include:

  •     Intent to hire is up, continuing a positive trend identified in Q4 ’09.
  •     Headcount has stabilized in a majority of companies surveyed. Very few organizations report plans for downsizing in Q1.
  •     Recruiting function headcount and recruiting budgets continue to remain stagnant or decrease, indicating a continued hesitancy to allocate resources for staffing.
  •     Fewer companies are citing attrition, layoffs, and decreases in business as the driver of headcount change. More companies are reporting increases in business, mergers and acquisitions, and restructuring as their key drivers.

A comprehensive eBook detailing these trends is available at http://www.doublestarinc.com

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Ellen Madonia
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