mpnThoughts

As John Challenger, the noted CEO of Challenger, Gray & Christmas, the Chicago job-placement firm, said recently, “There are some places that are OK in this economy: healthcare, education, government…core consumer products.” Not to mention agriculture. Remember, the same people in the media who brought you upbeat news of rising markets and easy profits in securitized mortgages are the same ones who are slamming us with downbeat dirges on the worsening employment situation. Right now, as I read it, according to the latest official statistics, there are 3,225,300 jobs in Massachusetts. Many pockets of the U.S., especially the Midwest have been hit much harder in terms of unemployment. Also, Watson Wyatt recently reported that “Many companies are putting the drastic cuts behind them, and are now looking to make smaller cost-cutting changes moving forward.” Finally, the Human Capital Institute says that contract talent—contractors, consultants, temps, interim executives, etc.—now “comprises almost one-third of the U.S. workforce.” So cheer up; there are opportunities and options out there for you. Things could be worse! Besides, if you’re here at the MPN Soiree tonight, you’re on the right track. So enjoy!