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Lynda Knowles Director of Client Development Phoenix, AZ Office 623.243.5511 - Office 623.776.0330 – Mobile lknowles@argpeople.com www.argpeople.com/lknowles. Specializing in Temp, Temp-to-Hire & Direct Hire for : Accounting – Staff to CAO Finance – Analyst to CFO
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Lynda Knowles Director of Client Development Phoenix, AZ Office 623.243.5511 - Office 623.776.0330 – Mobile lknowles@argpeople.com www.argpeople.com/lknowles
Specializing in Temp, Temp-to-Hire & Direct Hire for: • Accounting – Staff to CAO • Finance – Analyst to CFO • Executive Management • Office Clerks • Administrative Support Staff • To ensure the "Master Match" with each staffing request, we make sure we get to know our clients. We do so by spending time with each client before a placement is made. This allows our team to learn and understand your operating reality, long-term business needs, and the worksite culture. • My philosophy for success, along with my passion to put people to work, is exceptional service & extraordinary talent, always produces guaranteed solutions.
2013 Job Outlook & Career Path The Fiscal Cliff is a factor that will definitely influence the 2013 Job Outlook as it is causing great uncertainty in the market right now. The cost of a non-resolution would be a recession in 2013. Most likely there will be some type of resolution in early 2013. Projected Net Job Growth in Arizona 2012 = 48,000 2013 = 73,600 2014 = 88,500 If the mandated spending cuts take place, the projected affect on the job market in Arizona will be a loss of 45-50,000 jobs over the next year. This translates to mean that we would still grow, but at a very slow pace.
How does Arizona rank nationally with job growth? Source: Bureau of Labor Statistics AZ Employment Growth YearRanking in the 50 states 2006 #2 2007 #16 2008 #46 2009 #49 2010 #49 2011 #23 2012 #6 – YTD through 7/12 Jobs lost from Peak (12/07) to Trough (7/10) - 302,500 Jobs gained Trough (7/10) to October 2012 – 133,500 --- We have recovered 44% of the total jobs lost ---
How did AZ go from 2nd to 49th? Source: Elliott D. Pollack & Company • Excess single family inventory • Housing prices decline • Overextended consumer • Credit crunch/freeze • Financial meltdown • Loss of wealth including home equity • Can’t sell homes to retire • Homebuilding & home prices crash • Population inflows weaken in AZ • Household size increases • Household formations decline • Excess commercial construction • “Growth” job losses • All sector job losses
How does AZ go from 49th to 2nd? Source: Elliott D. Pollack & Company • Overall US economic recovery improves • Stock market improves • Credit frees up • Consumers more confident • People start to move to AZ again, slowly • Investors help absorb excess housing • Excess housing absorbed • Housing prices rise • Construction kicks in • Construction job gains • All sector job gains • More people move to AZ
Local recovery will be slow due to…. • Slow national recovery • Consumers still restructuring • Low levels of confidence • Winding down of defense sector • Population flows slow: • - 40% of US households are not mortgage creditworthy • - More than 42% in Arizona and 24% nationally have no equity • in their homes
Greater Phoenix Employment Source: US Bureau of Labor Statistics Sectors ImprovingNet ChangeSectors in DeclineNet Change Education & Health Services 10,800 Other Services -2,000 Leisure & Hospitality 8,600 Professional & Business Services 7,900 Trade, Transportation, Utilities 7,800 Construction 5,600 Financial Activities 4,000 Government 3,600 Manufacturing 1,800 Information 400
Phoenix-Mesa Employment Growth (Ranking among all metro areas (MSA) w/greater than 1,000,000 jobs) Source: ASU & US Bureau of Labor Statistics * Year-to-date, October 2012 over October 2011 • YearRank#MSA’sYearRank#MSA’s • 4 19 2002 5 25 • 4 19 2003 3 25 • 2 19 2004 3 25 • 1 19 2005 1 26 • 1 20 2006 1 27 • 1 21 2007 9 28 • 1 22 2008 24 28 • 1 23 2009 24 25 • 3 24 2010 24 24 • 9 25 2011 12 24 • 7 26 2012* 6 26
If you are looking to make a change or open to exploring opportunities what should you be doing to prepare? If you are serious about making a change – must do’s • Make sure your resume is up to date • - With the job market still being somewhat competitive, suggest setting yourself • apart by not just having a functional resume – should include • accomplishments as well as functions of your work history • – Make sure to point out any time you saved an employer money or time by • improving a process • Find a good recruiter or two to assist you with your search • - Set reasonable expectations – understand how they can help you with • your search – great recruiters only place approx 5-7% of the candidates • they meet with – doesn’t mean they can’t assist you in other ways • Become an effective networker • - Identify groups within your expertise and get to know as many people as • you can – typically you are your own best advertisement
LinkedIn Even if you have no desire to change positions, you should put effort into building a network and detailed profile on LinkedIn and being EFFECTIVE in using it!!!! • Who should you connect with? – EVERYONE! – the bigger your network the • more you are exposed to and the more opportunity can be exposed to you • Think of connections as any and everyone you know and even people you don’t • know – warm contacts would be friends, family, current and former co-workers, • former schoolmate’s, club members, church members, kids activities, etc. • Don’t decline LinkedIn requests – cold contacts can open doors for you – you • might not need it today, doesn’t mean you won’t need it next month or next year • Ask people you’ve worked with for recommendations – validates your work • Valuable research tool even if not looking for jobs – can learn about new clients • or prospective clients or vendors – great took for professional relationship • building • Quick way to expand your network is to join groups on LI and try to connect to • the members of that group • The better you describe yourself by using key words that are used in your line of work, the more opportunity to be found when opportunity knocks
Lynda Knowles Director of Client Development Phoenix, AZ Office 623.243.5511 - Office 623.776.0330 – Mobile lknowles@argpeople.com www.argpeople.com/lknowles