MARKET CONDITIONS-NYJOBMARKET.COM EMPLOYERS MARKET

The New York job market is losing steam as job creation decreases. The current labor statistics point to a recession or at best, a continued slow growth period. Many firms are currently understaffed due to several years of scaling back, automation based downsizing and outsourcing. Conditions remain very competitive for candidates on the market as companies seek individuals with industry specific skill sets and day one readiness to add immediate value. Hot industries include: Legal, Healthcare, and International Banking.

Sarbanes Oxley initiatives and an increase in regulatory skill sets including but not limited to Sec reporting and anti-money laundering have added substantially to overall market demand.

Gary Dolgin
President
Tonic Associates, Inc.
"Home of the NYJOBEXCHANGE.COM"
60 East 42nd Street New York, NY 10165