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Is the Tech Boom For Real?

New statistics indicate that the job market is looking up in Silicon Valley.  This week the U.S. Bureau of Labor Statistics reported the pace of job growth in the South Bay was almost double that of California and nearly triple the nationwide rate.  It expanded by 3.2 percent during the 12 months ending in October, the highest metro rate in the nation.

This front-runner status has some wondering if we’re witnessing the advent of another “tech bubble” akin to the dotcom debacle of the past decade.  Stephen Levy, director of the Palo Alto-based Center for Continuing Study of the California Economy, says no, noting that that sector leaders such as Google, Apple and Facebook have real sales and real product plans.

Nov. 23rd Snapshot: The New World of Work

In a continuing effort to keep an eye on the ever-evolving workforce — especially as it relates to the flexible workforce and the “new world of work” — we are always on the lookout for current news stories, interesting tidbits and thoughtful commentary. 

This week, we feature:

  • Two thoughtful and compelling articles in U.S. News & World Report titled “Larger Temporary Workforce Could Be New Normal” and “Are Employers to Blame for the Skills Gap?”
  • An important story in International Business Times that sums up why many smart and successful businesses are turning to the top-tier flexible workforce to achieve their business goals

Nov. 11th Snapshot: The New World of Work

In a continuing effort to keep an eye on the ever-evolving workforce — especially as it relates to the flexible workforce and the “new world of work” — we are always on the lookout for current news stories, interesting tidbits and thoughtful commentary.

This week, we feature:

  • An interesting Q&A from Forbes.com with the author of a new book that explores today’s changing workforce and the “new world of work”
  • A holiday hiring preview from the International Business Times
  • Info on a free webinar being offered by Staffing Industry Analysts about regulatory changes important for companies using a contingent workforce strategy

Oct. 28th Snapshot: The New World of Work

In a continuing effort to keep an eye on the ever-evolving workforce — especially as it relates to the flexible workforce and the “new world of work” — we are always on the lookout for current news stories, interesting tidbits and thoughtful commentary.

This week, we feature:

  • An insightful perspective on the jobs/talent mismatch happening in Silicon Valley and across the country
  • An interesting online article about how the contingent workforce can help infuse diversity in the workforce
  • A thought-provoking article and author Q&A session that is part of an ongoing series “Inside the Shadow Economy” that explores all levels of the emerging informal economy and jobs that are “off the books.”

Oct. 14th Snapshot: The New World of Work

In a continuing effort to keep an eye on the ever-evolving workforce — especially as it relates to the flexible workforce and the “new world of work” — we are always on the lookout for current news stories, interesting tidbits and thoughtful commentary.

This week, we feature:

  • An always-interesting jobs report snapshot for the San Jose region based on data provided by the California Employment Development Department
  • A helpful recap from Staffing Industry Analysts of a discussion about the important issue of misclassification
  • An insightful global article and thought leadership discussion from the Recruiter about  contingent workforce trends and issues.

Recovery or Recession?

Are we slogging toward a real recovery or headed for a double-dip recession?   Signals remain mixed.  Home prices in July climbed for the fourth month in a row.  A positive sign, yet the national unemployment rate hasn’t moved appreciably downward for more than a year.

While these macro indicators reveal more questions than answers, we’re getting some good indicators about key issues in the financial services industry.  Intuit’s 2020 Report on the Future of Financial Services identifies increasing regulatory pressures, growing competition, as well as higher consumer demand as big trends for the next decade.  The study also points out the expanding importance of technology as financial services organizations must work harder to improve the customer experience.  We will see banks moving to cloud computing platforms to deliver social and mobile computing.

Flexible Business Strategies in a Flat World

Leading an enterprise in today’s flat and fast world is a white-knuckle experience for any leader. The world is connected like never before, filled with smart devices and juiced by social media; all news travels fast and loud.  Knowledge and uncertainty are thus amplified, and as a result leadership must be both clear and adaptive.

The Recession of 2008 taught us how fast things can happen.  While the indicators were building for years, the crash seemed to happen almost overnight.  Since 2008, the recovery has taught us how small the world is. Everything is interconnected, business is global, and competition can come from anywhere.  Consequently, enterprises today – and in particular their talent and human resource strategies – must be flat, fast and flexible.

Sept. 16th Snapshot: The New World of Work

In a continuing effort to keep an eye on the ever-evolving workforce — especially as it relates to the flexible workforce and the “new world of work” — we are always on the lookout for current news stories, interesting tidbits and thoughtful commentary. 

This week, we feature:

  • An insightful Bloomberg column about how the contingent workforce is bridging the gap in today’s challenging economic times
  • A story that highlights results from the World Economic Forum’s recently-released report on global competitiveness
  • A recap (or sneak peek) of the latest trends affecting the contingent workforce from Staffing Industry Analysts

The New Innovators

Today’s economy has everyone in a pinch. Companies need to adapt to a tough business climate and fresh regulatory demands, and executives find themselves scrambling for resources to support new initiatives. Hiring is scant, managers are asked to do more with less, and the sputtering recovery remains largely jobless.

In speaking with business executives navigating these choppy waters, the number one imperative I hear is the need to innovate. Healthcare and life sciences companies must innovate in response to changing healthcare laws; financial services firms need to reduce costs and find new sources of revenue; and technology must develop the next new thing.
The concept of growth through innovation is nothing new, but leading companies are finding innovation – and inspiration – in a fresh place: the flexible workforce.

Sept. 1st Snapshot: The New World of Work

In a continuing effort to keep an eye on the ever-evolving workforce – especially as it relates to the flexible workforce and the “new world of work” – we are always on the lookout for current news stories, interesting tidbits and thoughtful commentary. 

This week, we feature:

  • An interesting article and survey that point to an increasing use of the flexible workforce by savvy businesses
  • A comprehensive article about the importance of managing your flexible workforce as diligently as your permanent staff
  • An official “History of Labor Day” in recognition of hard-working Americans everywhere