- Monster buys into CareerOne
AP reported Monster, the US based job board, bought 50% of CareerOne. It added, both the Monster and CareerOne brands will continue to operate. SEEK’s initial response.
- Government cuts IT staff
The government accepted the recommendations of Gershon Report, which suggested, among other things, a 50% reduction in the number of IT contractors. The recruitment industry is skeptical about the government’s ability to achieve the report recommendations. Regardless, recruiters must innovate to survive the downturn.
- Job vacancies continues to plummet
The demand for skilled workers continue to fall, as OECD predicts a 6% unemployment rate. IT industry unlikely to suffer the same fate as others sectors.
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RECRUITMENT NEWS
