Build Your Performance Review File
As employers get smarter about forecasting their '09 business prospects and their head-count needs, they're also going to get wiser about talent management. I'm talking about the kind that's less concerned with succession planning and more concerned with carving off low performers to make room for new hopefuls.
Given that the annual performance review is the principal vehicle by which employers track who's succeeding and who's just treading water, most of us can't afford to sleepwalk through the 2009 performance review process. Here are steps you should be taking to build your file of accomplishments, whether your review is next week or not planned until later in the year.
Source: BusinessWeek.com
Finance and Accounting Unemployment Trends
Despite media reports of unemployment rates approaching 8% and beyond in many parts of the county, it's important to note that finance and accounting professionals remain in demand. The combination of increased emphasis on internal controls and regulatory guidelines helps to keep this skillset virtually "recession-proof."
Source: US Bureau of Labor Statistics
Jobs Boosted by the Stimulus Plan
With President Obama's stimulus package at nearly $800 billion, what new job opportunities does it create for those in the accounting field? Here are six industries that are likely to come out on top.
Source: YahooHotJobs.com
Local Economic and Employment Trends
Texas’ seasonally adjusted unemployment rate rose to 6.5 percent in February, while the U.S. unemployment rate climbed to 8.1 percent. Though at its highest rate in five years, Texas’ unemployment rate continues to trend well below the national rate. The Texas unemployment rate is up slightly from 6.4 percent in January and 4.5 percent in February 2008.
Texas recorded a net loss of 62,600 in the past 12 months, compared with job losses of 4.2 million nationwide during the same period.
Education and Health Services added 14,700 jobs in February, for an industry gain of 58,600 positions in the past year. Mining and Logging employment grew by 1,600 in February adding 15,700 jobs over the last 12 months. Industry losses hit Professional and Business Services and Construction the hardest, down 27,000 and 15,500 jobs, respectively.
|
Unemployment Rate
|
Feb 09
|
Jan 09
|
Feb 08
|
|
US
|
8.9
|
8.5
|
5.2
|
|
TX
|
6.6
|
6.8
|
4.4
|
|
DFW
|
6.9
|
7.0
|
4.4
|
|
Houston
|
6.4
|
6.5
|
4.3
|
|
Austin
|
6.3
|
6.4
|
3.8
|
|
San Antonio
|
6.0
|
6.3
|
4.1
|
(Non-Seasonally Adjusted Rates used for US and TX for relevant comparison with Metro Areas)
Source: Texas Workforce Commission
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Professional Organizations in Dallas
Following are links to both local and national networking organization sites to help you stay current in your field of Accounting and Finance:
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About Q&A
Since 1998, Q&A Recruiting has provided comprehensive recruiting services to clients in the Dallas/Fort Worth area, specializing in the areas of Accounting, Finance, Tax and Human Resources on both a direct hire and contract basis. Our recruiting team is comprised of more than fifteen audit and tax professionals from both public and industry accounting who can provide you strategic inroads to hiring managers who are not advertising on the job boards.
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Contact Us
You are receiving this email because someone from the Q&A Recruiting team has met you or your firm through a business interaction. We hope that you discover value in our Quarterly Hiring Update and share this with colleagues with similar interests.
Please let us know if you wish to receive future newsletters at a different email address than where you received this.
This newsletter is published internally by Q&A Recruiting. Comments or questions may be sent to Lynn Mazur, Director of Marketing, at lynn@qarecruiting.com.
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