Jmc Live 7-07 Pres

JMC Live July 18, 2007 Rod Williams Ext. 8583 [email protected]

10/17/08

LHH NYC

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Intro 

Job Market Consultant – Connecting you to work opportunities in real time (50% external networking activity)   

Corporate Recruiters Search Firms Professional Organizations

A Real Time Interactive Job Market Update for NYC Metro Clients  Added Value Job Market Intelligence 

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Discussion Topics 

Monthly Recap Of The NYC Job Market

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Employment Trends & Hiring

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Variables?!?!?!?

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Q&A

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Special Guests: Morgan Stanley & PRI (Perennial Resources International)

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LHH NYC

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NYC Job Market Recap 

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Unemployment rate for NYC (5 boroughs) increased to 4.9% from 4.4% and 4.9% a year ago (5 Boroughs – 4.6%, 4.2%, & 4.7%) Job Growth  Private Sector added 21,000 jobs up (1.7%)  Non-farm jobs up (1.4%)

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Most Jobs Added…         

Professional & Business Services (13,800) Educational & Health Services (13,700) Financial Activities (11,900) Trade, Transportation & Utilities (7400) Construction, Natural Resources (6300) Leisure & Hospitality (6200) Government & Other Services (1700) (Manufacturing Lost 8600) (Information Lost 400)

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Employment Market Outlook 

STR ONG F ORECAS TS      

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MOD ER ATE OR MIXED F ORE CAST S   

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Insurance Telecommunications – wireless Entertainment/Media (Interactive & Non-traditional)

WEA K F ORE CAST S  

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Investment Banking & Securities Accounting/Auditing/Compliance (SOX) IT & Web services (Networking Staff, Application Developers, & Database Mgrs) – Vista Renewable Energy Healthcare & Education Retail

Real Estate & Mortgage Banking Information (Print, Network TV & Radio) LHH NYC

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NYC Hiring

(a diverse

mix)… Javits Center expansion (6K perm. & 15K constr.)  Bronx Terminal Market (5K perm. & 2K constr.)  Standard Chartered Bank (Dbling workforce: 120K in 4-5 yrs)  Citigroup (1800 jobs in LI City complex)  Turner Construction (Yankee Stadium 900 perm. & 3.6K constr.)  Microsoft (adding 140 positions in support of Vista)  Countrywide Financial (30 branches)  Commerce Bank (10 branches)  Amalgamated Bank (2-3 branches)  LuluLemon Athletica (athletic clothing retailer 5 locations)  ‘wichcraft (22 restaurants)  Port Authority NY/NJ – 200 customer care jobs & 70 new airport stores  ARES Printing & Packaging & Inland Paper Products (100)  Delta Airlines (doubling presence @ Kennedy Airport)  Jet Blue Airways Corp  Federal Express (100 positions)  Steiner Studios (550 positions) 10/17/08 LHH NYC 7  Hospitality: 50 new hotels over next 3 years… 

Variables… 

National Economic Outlook  

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Rising Energy Prices  

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Consumer Spending Job Growth

M&A and Investment     

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Continued Real Estate slide… Sub-prime Lending

Dow Jones Westwood One Warner & EMI Arbinet Virgin Mobile

Technology Integration   

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Vista, Leopard, Safari, Google, Monster, Comcast, NY Times, Boston Globe Ad revenue decline (Web) LHH NYC

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Q&A

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Industries?

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Occupations?

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Functions?

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Thank You… Additional workplace topics…  Keep reading the JMC Report online: 

http://www.esnips.com/web/LHHNYCJMC

I’m available via your Consultants…  Morgan Stanley  PRI (Perennial Resources International 

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