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It's time to START recruiting!

It's the first Monday of 2014.  Most people are back from their winter break (some are still dealing with winter storms and sub-zero temperatures).  E-mails are being read; meetings are being attended.  It's back to full swing!

Every Friday morning, I review articles found on  It's a weekly ritual - and one that gives me a glimpse into the HR world and the current tone/tenor of the economy.  There has been a marked change in the past few weeks.

Recent titles

  • The Top 25 Recruiting Trends, Problems, and Opportunities for 2014 (by Dr. John Sullivan)
    • Part 1 - December 9, 2013
    • Part 2 - December 16, 2013
  • How an Improving 2014 Economy Affects Recruiting (by Ken Sundheim - December 18, 2913)
  • 2014:  The Year of the Employee (by Josh Bersin - January 3, 2014)

You can judge the content by the titles

We seem to be back to a seller's market (the candidate) in many areas. While the federal unemployment rate stands at 7.0%, the rates we track more closely tell a more accurate (local) story:

  • Minnesota unemployment rate - 4.6%
  • Minneapolis-St. Paul unemployment rate - 4.1%
  • Federal rate for people 25 and older with a 4-year degree (or higher) - 3.4%

When I studied labor economics (under Walter Heller . . . . . insert age comment here), full employment was considered anywhere between 3.0% and 5.0% unemployment.  Today, full employment is typically considered between 4.0% and 6.0%. Regardless of the definition, we are there.

Thoughts from the articles

In future weeks, we will get into more detail regarding some of these articles. In the meantime, here are a few of the highlights and/or sub-headings:

  • Non-salary demands of job seekers rise. (Suggested remedy - flexibility in fringe benefits.)
  • The competition for top talent intensifies.
  • Retention problems will increasingly impact recruiting.
  • Large firms must learn to compete with start-ups for talent.
  • Personalized recruiting is on the horizon.

Wishing you all a successful 2014.  Let's start recruiting!