According to the USA TODAY, 7.3 million people are working part-time but want to be full-time. These people do not count in the unemployment rate, which was up to 6.7% in November, its highest level in 15 years. On expert predicts unemployment will peak at 9% around the end of 2009. This information can offer some unique opportinties to owners and operators of start-up, emerging, and medium-sized companies. All of the large employers around the world cannot avoid the negative impacts of our recession. They are laying off the largest number of employees, by far. Many small and medium-sized companies are not onlu holding their own, but they are GROWING in these difficult economic times. Just like any other business, quality employees are essential to their profitable growth.
We are in an employer's market when it comes to jobs. There are and will continue to be quality employees looking for work with a finite amount of jobs to find. As such, these quality employees are taking lower wages and less-accomadting work environments than before - when we were in an employee's market. Smart businesses recognize this trend and are taking advantage of the employer's market.




