RDC utilizes the rate of change calculations to assist clients with assessing the challenges of employing the best of the best. Established in the early 70’s, the process incorporates ten to fifteen indices influencing opportunities, including BLS New Orders Durable, ISM Purchasing Manager Index (PMI), The Conference Board Consumer Confidence Index, BLS Capacity Utilization, and BLS Voluntary Quit Levels.
Our analysis is available to client companies requesting specific data as it relates to the respective business of individual clients. The process is a proven technique to predict inventory requirements, sales order expectations, and many other specific data that helps define the challenges facing our clients. Call (267) 464-0188 or email firstname.lastname@example.org for additional information.
Up-dates are posted quarterly.
September 30, 2017: Those of us in the Job Search world would never know it, but growth rates appear to be on the upward trend. Most encouraging is the fact that both the 3:12 index AND the 12:12 index are continuing to trend over the 2016 rate of change. Comparing year-to-year data can be dangerous – especially since we have been in such a trough the past few years. However, the numbers are beginning to be convincing.
Job Openings and Voluntary Quit rates are on the upswing, while manufacturing capacity remains stagnant and unemployment rates inch downward. These conditions are seemingly unending and help to define the dilemma facing job seekers. There are many explanations surfacing. Our belief is that the jobs that are open don’t match the skills of the applicants.
So, how could voluntary quits be increasing? Great question. Many explanations – technology has replace many positions, and more and more people are opting for home-centered occupations and are under the BLS statistical sources. Or, they have been out of work so long that they are no longer eligible for Unemployment Insurance benefits. We are quite amazed at the number of people coming to us with no job, having either been severed or put up with long hours and no rewards far too long. They have quit with hopes of finding better alternatives. New York Times writer Ben Casselman addresses “Why Some Scars from the Recession May Never Work” published October 5, 2017 (available here).
Job Seekers must remain aggressive in their search for new opportunities. Better is the word of the quarter – better brand than the competition; better research to find the hard-to-find positions; better shape to be fully prepared to face the competition!
RDC Hiring Edge can help you!