I was wondering how folks around the network are feeling about the business these days. We have certainly felt the impact of the economy, but are fortunately still working on new orders. I am curious to know how things are going in other markets as well as other industries (we specialize in IT and A&F). Here in Atlanta we are also faced with a gasoline shortage, which has really impacted our ability to interview candidates. I'd love to hear how others are feeling about the market. Having "lived through" the early 2000's I'm wondering if others are feeling that this crunch is the same, better or worse that the last time around.

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Comment by Ross Cooper on September 30, 2008 at 2:01pm
I know lots and lots of people are feeling the pain, especially those that are in the age bracket 55-65 and getting ready to retire.. For me personally, I have not felt anything! Business is booming, companies are hiring and I am continually taking advantage of the down market to invest some cash I've been sitting on.. Things are great!
Comment by Rayanne on September 30, 2008 at 2:15pm
It is difficult to "not" feel the pain these days. There are many that are suffering severely and many that are just trying to ride it out. I have a good friend whose biggest client was just purchased and he had about $45,000 in search fees coming - out of luck on collecting. That is a direct result of the economy and businesses panicking. Good thing most recruiters have built in tenacity that will help drive them through this tough time.
I wish I could be as optimistic as Ross. Things in my world are not "great" but I'm not out for the count yet! Let's hope there are more 'Ross"es out there that are ready to invest now.. they may save us!
Comment by Chantel on September 30, 2008 at 4:05pm
Ross, it is good to hear that things are going great. I am curious to know what type of recruiting you specialize in.
Comment by Chantel on September 30, 2008 at 4:08pm
Rayanne, that is certainly terrible news about your friend. I do think that this is a good opportunity for the recruiting industry to adjust. Those of us who have established relationships with clients tend to fare better than those newer to the industry. However, if your clients are in a vertical that is directly impacted by financial markets - it doesn't matter how good your relationships are... I appreciate your input and hopefully you'll see an upswing in your business soon!

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