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New York City Job Market Update

Newsletter for LHH New York City office (Go to: August 14, 2009

In This Issue Flash! The Next “JMC Live” will be held on Wed, September 2 from
• Job Market Intel
10A-12N in the Park Avenue conf room featuring Financial
• Career Events Services Volunteer Corps (FSVC), a fascinating organization that will
be sharing information on opportunities to gain international experience.
• Networking Events
As always, a real time update on the current employment marketplace
• JMC Job Search Tips with ample time for your Q’s...

Also Included Job Market Intel

• Useful Web Sites
U.S. Employers Grow More Optimistic By SARAH E. NEEDLEMAN
• Media Resources
• Blue Steps Major U.S. employers are growing more optimistic, with few planning additional layoffs and many
planning to reverse course in coming months on cost-cutting initiatives such as salary freezes,
• Network of Experts
according to a new survey. But recent cuts in health-care benefits may become permanent.
• Job Lead Sampler The survey of human-resource executives at 175 mostly midsize and large U.S. firms by consulting
firm Watson Wyatt Worldwide Inc. found that 33% plan to unfreeze salaries within the next six
• Just Thinking…
months and 79% within the next year. In a similar June survey, only 17% of respondents planned to
unfreeze salaries within six months. Roughly 60% of the companies responding to the new survey
had frozen salaries.
Get Your Copy
Of the smaller group that cut salaries, 44% of respondents said they plan to restore those cuts in the
NYC Job Market Update next six months, and 66% in the next year. More than 70% of the employers with hiring freezes said
available online at: they plan to resume hiring within the next year. Respondents said they plan to lay off fewer than 2%
of their workers in the next year, down sharply from past surveys.
C Access the latest and
back editions. Copies are "This is further evidence that companies think the worst is behind them and they're starting to look
also available in the forward again," says Laura Sejen, global practice director strategic awards at Watson Wyatt. "What
common areas and from we don't know is have they made firm commitments at the management level or have they
your consultants… If you communicated to employees they're going to unwind these programs. It could certainly change."
have information to The survey, conducted online earlier this month, is in line with recent reports of slowing job losses.
submit, contact Rod The U.S. Labor Department said Friday that employers eliminated 247,000 jobs in July, down from
Williams at an average of 556,000 in the first six months of the year. The unemployment rate fell slightly to 9.4%, or from 9.5%, though economists said that largely reflected a drop in the number of people looking for
212.455.8583. Thanks in work.
advance! The Watson Wyatt survey found employers will be slower to restore changes in benefit programs –
and many recent changes to health-care plans may become permanent. Roughly two-thirds of
respondents that had increased employee health-care costs say they don't plan to reverse those
increases. Forty-one percent of respondents increased deductibles, co-pays or out-of-pocket
CRN SpotLight
maximums, while 40% increased the percentage of premiums that employees pay. These changes
are" looking more permanent," says Ms. Sejen.
Check out the approximately
150,000 jobs on LeadLink The news for retirement programs was more mixed. Nearly half of respondents said they plan to
restore cuts in company contributions to retirement programs in the next year, and 64% envision
and don’t forget to keep your
restoring those cuts within 18 months. Of those, 67% said they will restore contributions to their prior
resume updated on Resume level, but 21% will vary contributions based on corporate profits.
Reserve. New employers
and recruiters are added and Many employers see the recession as bottoming out, adds David Wise, a senior consultant at
are searching daily. consulting firm Hay Group Inc. "Most companies want to go into fiscal 2010 with the layoffs and
salary freezes behind them," he says. But he warns that companies will remain conservative. "The
worst thing a company can do after tough times is loosen the reins before the horse is ready to run,"
Access both on the web at: he says.

Other Job Market Local Job Fairs

Connection Highlights…

Job Fairs

Employer of the Day

“JMC Live”

Entertainment & Media

Tuesday, October 13, 2009
Networking Group

Recruiter Panels 11:00 AM to 3:00 PM

Special Topic Speakers Radisson Martinique
Additionally we serve as
On Broadway Hotel
the venue for several 49 WEST 32ND STREET
external professional New York, NY 10001
networking groups
including TENG (Tech
Exec. Networking
Group), MENG Networking Events (free/low cost events that may interest you)
(Marketing Exec.
Networking Group), and
FENG (Financial Exec. NYC Senior Executive Roundtable
Networking Group) Wednesday, September 2, 2009, 8:30 - 11:00 AM
Where: 11 Penn Plaza
Seventh Avenue
5th Floor, Conference Room
New York City, NY
Blue Steps
Cost: ExecuNet Members – $35.00
We have negotiated a 20% Guests – $40.00
discounted rate for LHH clients Meeting Title: SENIOR EXECUTIVE ROUNDTABLE
with Blue Steps the executive Registration Deadline: Tuesday, September 1, 2009
search web site owned and
operated by the AESC ============================================================================
(Association of Executive
Search Consultants) which is The "C" Network
their professional organization "Surviving Corporate America"; Tuesdays, 1 p.m.; people of various professions are brought together
made up of over 200 of the top to debate how to break through the elements for finding work; paid pre-registration required; call for
executive search firms. See locations and further information.
your consultant for details. Fees: $12
100 Park Avenue, New York, New York 10017
AESC has around 200
Sponsor information
member search firms, with The "C" Network
around 4000 consultants Contact:, 718/263-3501
around the world.

Just Thinking…
Always laugh when you can. It is cheap medicine. -- Lord Byron

JMC Job Search Tips (Simple Things pt 102…)
The Simplest of Things…
This little column was started as a way of reminding how not to overlook the smallest of details or
“Simple Things” that could potentially trip up your search progress and if there was ever a direct
representation of the title, it’s about to follow. When leaving a voicemail message, be sure to state
your contact information clearly and concisely. If necessary, spell your name and repeat the number
or email address, and keep your message short and to the point. Remember, this is often your first
opportunity to make a good impression…

Useful Web Sites

These could prove helpful (forward others to me at
***New business networking alternatives and competition to LinkedIn:
Naymz Maximize your professional opportunities by promoting your good
name in our Reputation Community.

Plaxo Pulse The easiest way to stay connected is now also the easiest way
to share just about anything. Pulse now brings you "people feeds" from all over the web: It's a new design, new navigation and a ton of new content. But most excitingly for
us, our site now includes something that so many of our members have asked for: a careers site!
Our careers area, WorldWIT's Hire Ground, is the first online recruiting site that reaches women 'at
the intersection of work and life' with job alerts in the daily WorldWIT email digests. Jobs are also
posted on the searchable WorldWIT's Hire Ground website bills itself as a portal for entry-level or a mid-management
positions. has got you covered. With our FastAPP feature we have made
searching for jobs faster and easier than ever. Simply complete an application and we’ll send it to
matching employers in your area. a site for those seeking opportunities in publishing, licensing, children’s &
family media, entertainment, interactive media, and related areas an excellent site that provides Free Job Search - over 100,000 Active Jobs!
Free Resume Distribution, Free GadBall Discussion Forums, Free Career Email Address, Free
Personal Email Address features links to For Sale Listings and many other types of information
portals from television/movie listings to the weather. It also has an online calendaring tool, news,
games, and entertainment links. bills itself as the leading financial services online job board bank jobs, finance jobs, recruitment in the financial markets,
accounting and investment banking another site that’s pretty cool. It bills itself as the following: craigslist is
about: giving each other a break, getting the word out about everyday, real-world stuff. restoring the
human voice to the Internet, in a humane, non-commercial environment. keeping things simple,
common-sense, down-to-earth, honest, very real. providing an alternative to impersonal, big-media
sites. being inclusive, giving a voice to the disenfranchised, democratizing ... being a collection of
communities with similar spirit, not a single monolithic entity. provides industry specific career channels with a wealth of
information tailored to your career goals. Select a career channel to research industry information,
search jobs and build your portfolio. Recruiting Trends reports that, an employment website
for Information Technology (IT) professionals and those who employ them, has launched a new web
site where IT professionals can discuss their careers, technology, current events, and more. The new
community called "The Community," also offers employers resume keyword
searches, and job seekers the ability to search for high tech jobs on a listing site that focuses on jobs in professional sports with teams,

offices, and connected entities (sports management, sporting goods, etc.). Here’s what they say
about themselves: 71% of the jobs posted here were filled by online candidates! currently has over 1,000 jobs posted in the following fields: Sports
Marketing, Sales, Advertising & Promotions, Public Relations, Sports Media, Broadcasting, Facilities,
Sports Events & Operations, Recreation, Health & Fitness, Website, Technology & Computers a terrific informational resource for job seekers NY Labor Bureau site for IT employment (thanks Jay Colan) bills itself as “ launched in 2001 to assist BIG 4, Top Tier,
Software 500, Fortune 1000 IT job seekers most impacted during the downturn has grown to
286,000 members and is utilized by over 9,775 IT specific recruiters.” currently operates in CT, DC, DE, OH, MD, NY, NJ, PA, VA,
and WV , and provides a totally regional job search experience using our unique Latitude/Longitude
functionality. great search site that uses Google, Yahoo, Ask Jeeves, About, Look Smart,
Overture, and FindWhat (talk about powerful!) the name says it all. links to job postings:11 NJ newspapers incl. the Star-Ledger a site for Senior Executives lists executive Jobs lists non-profit executive level jobs lists non-profit executive level jobs lists Big Five Jobs claims currently over 3,000,000 jobs posted by
companies that use them and searched from over 300 major career sites along with jobs including 1-,, American Jobs, Infoworks USA, America's Employers, JobBank USA,
America's Job Bank, Job Pilot USA, Bakos Group,, Career Avenue,, Best Jobs USA, NationJob Network, Career Builder,, Career Mosaic,
Perot Systems,,, Career Magazine, Recruiters Online Network, Career
Web, Select,,,, The Job
Resource,, Top Echelon,,, Employment 911, US Careers
Resource Center,, Westech Virtual Job Fair. (Pay services not necessary). more tech jobs site helps you
find IT, creative, business and office/admin projects all on one website! &
us=164&AID=6944408&PID=1225587 2 sites for posting resumes and searching jobs

Fee Based Sites: Association of Executive Search Consultants (AESC) resume database.
LHH has a discounted rate (See your consultant) Based in New York City,, Inc. is a privately held company
offering premier online job search destinations and content for the $100k+ sector of the employment
market. The company operates its primary consumer destination at as well as
specialized job search Web sites for Sales, Marketing, Finance, Human Resources, Law,
Technology, Operations and all other $100k+ fields. For corporate and executive recruiters, operates TheLadders for Recruiters, enabling them to easily post and manage job
openings. lists executive jobs lists executive jobs lists executive jobs lists executive technical jobs

4 a resume posting site

Entrepreneurial Sites: employment employment lists tech ventures and employment online version of magazine funding for entrepreneurs venture capital info

Non-Profit Sites: non-profit info and employment non-profit info higher education info and employment national database of non profits

Executive Job Listings in the Not-for-Profit Sector Advertised openings: lists non-profit executive level jobs lists non-profit executive level jobs

Search firm listed openings:


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Media Resources
Provided by Jay Colan and the generous, spirited people participating in the NY Media and Entertainment
networking group. Please update by sending additional resources/corrections to &
 -- Media Bistro: media industry networking and informational site.
Includes, news, advice, events listings, job boards, and discussion groups.
– daily round up of media and industry news; extensive links to
other, related publications and sites.
– Jim Romenesko’s media news: news, trends, extensive
links to other news and media related sites.
 -- Media Channel: global media news, issue guides,
educational aides.
 -- Media Week: online media news magazine.
 -- The Guardian online specialized media site.
– eWeek online version: media and new media news and resources
– Media news site, segmented by industry.
– Internews: promoting free and open media on a global scale.
– Broadband Week online version.
– career resources, etc.
 CATV Cyberlab: news, resources for cable, broadband, and new media;
extensive list of links.
– cable news, resources, extensive links.
– Electronic Media online version.
– DM News: online direct marketing news.
 comprehensive news site: news, extensive links
– Broadcasting Cable
online: news for broadcast and cable industries.
– Cableworld online version: cable and broadband news
—Min magazine: media business resources
 focus on "the economics of content"
 - interactive focus
 for designers and art directors
 - daily briefing for broadcasting and cable, with job postings for NY and LA
 Digital Music News (site/publication?)
 Inside Radio (site/publication?)
 Advertising Age site
 - Web Tips – tracks U.S. TV
 – v.c. focus?
 Variety - entertainment focus –including job links
 This Week in Technology
 British Academy of Film and Television Artists
 - digital music forum
 Int’l News on programming /content that inevitably includes notes on
many NY companies
 technology news with many notes on content deployments
 – conference listings are searchable to obtain contact info for speakers
 Multi-Channel News – publication?/site?
 – mobile media including wireless, IPTV and mobile media
 BillBoard – music publication
 Cable & Telecommunications Association for Marketing: library,
research, job bank, etc.
– National Cable & Telecommunications Association: industry
news, legislative information, career resources, etc.
– Cable and Telecommunications Human Resources
Association: job opportunities and career related links
– American Association of Advertising Agencies:
related industry links.
– New York New Media Association:
– Cabletelevision Advertising Bureau: news, research, links,
career information.
– Cable Television Public Affairs Association
– Women in Cable & Telecommunications: resources and links
dedicated to improving the standing of women in the cable industry.
 -- Association for Interactive Marketing: research, education,
events, networking.
 – association of business media companies
 – National Association of Minority Media Executives
 Magazine Publishers Association (MPA)
 Online Publishers Association (ironically I don’t have the URL)
theory and scholarship:
– CTheory: current scholarship on cultural, media, and critical theory
– media and social/cultural theory focusing on pop culture
– quick resources to major
leaders in mass communication studies
 – Esther Dyson publication on v.c. and new technologies
 Edventures – same on Ester Dyson
other resources:
 - Harvard Business School Club of Greater NY –
Look for the Media Guru breakfasts
 Media Staffing Professionals - Chicago based with jobs throughout the country
 "The Soul of the New Consumer" - book on thinking for marketers and product developers
 – resource on NPR?
 www.voice123 – voiceovers
 One World? – cable advertising?
 Promo magazine and Events Marketer for event marketing people

Job Lead Sampler
(For many more check LeadLink)
PMO Mid-Level, Enterprise Solutions Providers
Options Sales Trader, Forefront Advisory, LLC
Solutions Sales Advisor, Madison Search Partners, Inc.
Executive Director, Elie Wiesel Foundation
Management Position, Corp IT Infrastructure
Global Network Architect, Woodcliff Lake, NJ, Bluewolf, $115k-$120k
Director of Research, Boutique Broker-Dlr
Desk Analyst, Boutique Broker-Dlr
ABS/MBS Mortgage Sales for NY, Miami, Dallas offices, NY-Based
Investment Grade Sales, Broker-Dealer
Preferred Stock Sales, NYC-Based Firm
Convertible Bond Sales, NYC-Based Firm
Jr. Sales-Global High-Yield, Focus = Asia, NY-Based Broker-Dealer
Jr. Sales-Global High-Yield Team, Focus = Europe, NY-Based Broker
CTO-Chief Technology Ofcr., Thomas Publishing Co.
Agency Professional Svcs Consultant, Comerdia LLC
CFO, Comerdia, LLC
Director Content Strategy, Baron Partners
Director Interactive Technology, Baron Partners
Final Options Sales Trader, Forefront Advisory, LLC