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Economy Turning South?

With jobless claims jumping up again this morning there are people out there saying the economy is turning south again.  If it is, what impact will that have on recruiting?

It will have some.  Business conditions always have some impact on recruiting, but I don’t think it will have much of an impact.  As long as there is not another wave to the bubble burst, we should be fine.  I believe the ’08 bubble burst was a once in a generation event and an enormous shock to the system.  I don’t believe that a normal downturn will have any similar type of impact on recruiting.  More importantly, I believe that business people in general are toughened up from the experience of the bubble burst and will be better prepared to handle any downturn in stride.

 

Todd Kmiec

Todd Kmiec and Associates

todd@toddkmiec.com

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