(Marietta, GA) The DELMARVA region (Delaware, District of Columbia, Maryland, and Virginia) is the first major metropolitan area to become a seller''s market for labor as the United States comes out of the recession. According to the United States Bureau of Labor Statistics, the DELMARVA area unemployment rate is currently at a low 2.8%, and the rate for Northern Virginia is only 1.8%. (Rates are not seasonally adjusted.) The employment market in that region is causing serious problems for employers who need to hire new workers. Enough opportunities are available that employee turnover has reached dangerous levels in a number of organizations.
<p>VetJobs (www.vetjobs.com) and The Herman Group (www.hermangroup.com) have written a Red Alert Employment Advisory for distribution at the SHRM (Society of Human Resource Management) Annual Conference in New Orleans, 27 through 30 June, 2004. The Red Alert Employment Advisory delineates the labor shortage that is beginning to manifest itself in various markets across the United States as the country moves out of the economic downturn. Those who follow and read the VetJobs newsletters have heard us talk about how we are shifting from a buyer''s market to a seller''s market in labor. Joyce Gioia of The Herman Group has written extensively about the same issue and has seen the same trend. Both VetJobs and The Herman Group have been warning their clients about the impending turbulence in the employment market. The message has been very clear that the recent economic slowdown was only a pause in the demand for top talent and the employment market would tighten up again. The Red Alert Employment Advisory provides the data documenting that the shift to a seller''s labor market has begun.</p>
<p>The Red Alert Employment Advisory is a compilation of BLS statistics and proprietary internal studies, which includes recruiting activity, human resource workloads, demand for executives by retained and contingency search firms, Internet job board surveys and other proprietary indicators tracked by the authors.</p>
<p>Our research shows that at least ten other metropolitan regions in the United States are positioned to become extremely tight for labor in the near future. The ten regions are identified in the "Red Alert Employment Advisory" and are spread around the country. The trends are in place and the move to a seller''s market is underway---at a much faster rate than most people expect. Many companies will be surprised by the rapidly changing employment market!</p>
<p>The 22 page Red Alert report will be available for purchase at a fee of $50. Journalists may request a complimentary .pdf file of this document by sending an e-mail to info@vetjobs.com. Please include the journalist´s name, organization represented, a phone number and email address.</p>
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<p>VetJobs is the largest military related job board on the Internet, exclusively endorsed by the Veterans of Foreign Wars of the United States. As recipient of the 2004 Weddle´s User´s Choice Award, VetJobs is marked as one of the top thirty job boards on the Internet. Thousands of transitioning military, veterans and their family members have found quality jobs with hundreds of military friendly employers over the last five years. For more information, visit www.vetjobs.com</p>
<p>The Herman Group is a firm of consulting futurists concentrating on workforce and workplace trends and their implications. Emphasis is placed on employee selection and retention as critical strategies. Included in the firm are researchers, professional speakers, authors, and consultants. The Herman Group is based in Greensboro, NC, with affiliates in Sao Paulo, Melbourne, Hong Kong, and Port Louis, Mauritius. www.hermangroup.com. Contact JoAnn Seymour at (336) 282-9370 or email: JoAnn@hermangroup.com.</p>
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