The full report can be seen here: http://www.bls.gov/news.release/empsit.htm.

The Labor Department has reported a gain of 117,000 jobs in the United States during the month of July, the largest gain since April. Additionally, the unemployment rate dropped a tenth of a point to 9.1 percent, its first decline since March. During the month, private employers added 154,000 jobs while state and local government shed nearly 37,000 positions. While still slower than the rate of population growth in the U.S.—150,000 a month over the last year—July’s gains were significantly more positive than many observers were expecting after Thursday’s 500-point drop in the Dow Jones Industrial Average.

The unemployment rate for those holding a Bachelor’s degree or higher fell to 4.3 percent in July while the management, professional and related occupation rate remained flat year-over-year at 5 percent. The average length of unemployment, however, continued to trend upward, reaching more than 40 weeks. Prior to 2009, the average length of unemployment had only twice exceeded 20 weeks since records started being kept in 1948.

Across industries, job gains and losses were insignificant, with some exceptions. Motor vehicle manufacturing added 12,000 jobs and mining support activities added 8,400. Ambulatory healthcare services added 14,100 positions, while hospitals added another 14,000. Administrative and support services, excluding temporary staffing firms, posted 12,200 new jobs in July, while temporary staffing firms added just 300.

June’s deeply disappointing 18,000-job gain was revised to a gain of 46,000, and May’s gain of 25,000 was revised to 53,000. Between July’s gains and revisions to previous months, job growth appears mildly stronger than had been thought after last month’s report. Initial unemployment claims have also trended downward over the last few weeks, falling by 22,000 from July 16 to July 30. Yet, total claims, just like total unemployment, remains at record highs—further highlighting that, while total employment continues to grow, its growth remains slow.

Executive search professionals gave a 66 percent positive prediction for their industry in the second half of the year with the greatest optimism coming from consultants in Asia Pacific and the Americas, according to a report released by the Association of Executive Search Consultants (AESC). Executive search consultants predict that China, Brazil and India will see the greatest shortage of executive talent in the second half of 2011, while the energy/natural resources sector is set for the biggest growth in senior hiring. The general management/CEO/COO function is expected to see the greatest shortage of talent worldwide in the second half of 2011, recruiters surveyed reported. In order to keep up with the demand, over half the search firms in the study plan to hire more consultants.

Employers remain positive in their hiring expectations for the remainder of 2011 despite ongoing concerns over threats to economic growth, according to CareerBuilder’s 2011 Mid-Year Job Forecast. CareerBuilder’s latest survey shows employers remain positive in their hiring expectations for the remainder of 2011 despite ongoing concerns over threats to economic growth. Nearly half of employers (47 percent) plan to hire new employees from July through December, up from 41 percent in 2010. The survey, which was conducted by Harris Interactive from May 19 to June 8, 2011, included more than 2,600 hiring managers and human resource professionals. Similar to last year’s study, the top three functional areas for which businesses plan to hire first are those on the front lines with customers and those driving innovation. Customer Service remains in the No. 1 spot for recruitment with Information Technology slightly edging out Sales this year for the No. 2 ranking on the list. “Last year, certain sectors or departments in companies were producing jobs. This year, the U.S. is seeing job creation in all industries, functions and company sizes,” said Matt Ferguson, CEO of CareerBuilder. “Our survey, listings on CareerBuilder.com, and conversations we have with employers on a daily basis all indicate that hiring activity will sustain and improve in the months to come with a diverse mix of jobs. While higher energy prices, debt, inflation and other factors may deter a significant acceleration in hiring, employers have encouraging news for the millions of Americans who are looking for jobs.”

http://www.freep.com/article/20110721/BUSINESS01/107210463/Michigan-jobless-rate-inches-up-10-5-.

The full report can be seen here: http://www.bls.gov/news.release/empsit.htm.

The Labor Department has reported total private sector U.S. employment rose in June by 57,000 positions, while federal, state, and local governments trimmed a total of 39,000 jobs over the same period. The total U.S. unemployment rate rose to 9.2 percent from 9.1 percent in May. Job gains fell far short of expectations, including a 110,000 job gain projection by Bloomberg and a report from payroll provider, ADP, suggesting 157,000 private sector jobs were added in June. While both ADP and the general expectations have been known to be wrong, they also tend to suggest which way revisions to the numbers may go.

The management, professional and related occupation unemployment rate fell on a year-over-year basis from 4.9 to 4.7 percent. Employment among those with a 4-year-degree rose by 87,000 jobs in June, while the unemployment rate for that population fell from 4.5 to 4.4 percent.

As had occurred in May, almost no single sector of the employment market-save for government jobs-saw a monthly change of more than a few thousand jobs, and many sectors changed by only a few hundred. About 90 percent of the total private sector positions created in June occurred in the services providing sector, with leisure and hospitality jobs being responsible for the lion’s share of that growth.

While June’s numbers are disappointing, it also shouldn’t be forgotten that they are seasonally adjusted numbers. Any error in the model or a change in seasonally employment trends could substantially alter their accuracy. In fact, on a non-seasonally adjusted basis, total non-farm employment rose by 376,000 and total private sector employment rose by 840,000 positions as summer employment ramped up.

At the end of the day, the BLS Employment Situation Report is just a temperature check of the job market. It can say where we have been and where we are, but it doesn’t try to tell us where things are going or what is causing the movements. Large job gains in April did not beget large gains in May, just as poor gains in June do not necessarily forecast paltry growth in July. The trend does though remain one of growth, slow and steady, but growth. The companies that are emerging from the current period are among the leanest, most efficient organizations ever created.

The CareerCast.com/JobSerf Employment Index, which measures managerial recruitment activity online, lost ground in May with a decline of 10.1 points over April 2011. Even with the loss, the May 2011 Index is still 11.5 points higher than a year ago. The Index is also 43.9 points higher than it was in May 2009. Riverside, which is ranked at the bottom of the Index for managerial hiring, had a gain of nine percent over last month. The other cities that showed an increase in hiring were Nashville (+four percent) and Houston (+two percent). Atlanta has the biggest loss of jobs this month (-nine percent), followed by Hartford (-eight percent) and Detroit (-seven percent). The sharpest decline this month was for C-level executives, who experienced a 27-point drop in hiring over last month. “While Manager-level jobs remain strong, the weakness in the demand for C-level jobs could be due to a slowdown in hiring over the summer months,” said Jay Martin, COO of JobSerf.  ”Businesses will need more senior executives to lead them out of the recession, which should result in increased hiring once the economy heats back up.”

Angott Search Group has started 2011 on a high note. As the economy continues to improve, we have seen an increase in recruiting activity in all our lines of business.  This increase is the most dramatic in our Automotive/Engineering Practice, but certainly noticeable in our other practices as well (Banking/Financial Services, Energy, Information Technology, Life Sciences, and Sales & Marketing).  The fact that hiring is up in the automotive sector bodes well for all us in Michigan and the Midwest since this industry has a major impact on our economy. Thus, ASG has developed several key relationships with major organizations and a number of key assignments.

We’d like to update you on our recent placements as well as provide you with searches ASG is currently working on:

Current Banking/Financial Services retained searches:

• SVP Retail – Publicly traded $1.8B Indiana based bank
• Vice President of HR – $1.5B  Michigan financial institution
• Retail/Wholesale Underwriting Manager – Well-respected, national retail and wholesale mortgage lender
• Branch Manager – Midwest community bank

Banking/Financial Services active searches:

• Market President - $1.2B Michigan community  bank
• Chief Financial Officer - $3.5B bank holding company in the Midwest
• Chief Credit Officer - $150M Kentucky community Bank
• Information Security Manager – $1.7B Midwest bank
• Investments & Trust Officer – Publicly traded $1.8B Indiana based bank
• Chief Learning Director - $1.8B diversified financial products and services company
• Chief Credit Officer - $2B Midwest bank
• Director of Financial Reporting – $1.7B Midwest bank
• Chief Risk Officer - $3.5B Midwest bank

Banking/Financial Services recent placements:

• Sr. Financial Analysts – $14B metro Detroit regional bank
• Special Assets Manager – $1.2B northern Ohio community bank
• Security Director – $3.2B longstanding Ohio community bank
• Senior Agriculture Loan Officer – $1.2B northern Ohio community bank

• Middle Market Lenders – $14B metro Detroit regional bank

• Servicing Officer - $2B CUSO  
• Multiple Mortgage Loan Officers – $250B regional bank
• Consumer Online Banking Team Leader – $14B metro Detroit regional bank
• Workout Officer – $3.2B Midwest community bank  
• Regional Branch Manager – $14B metro Detroit regional bank
• Product Manager- $14B metro Detroit regional bank
• Mortgage Loan Underwriter – $3.2B Midwest  bank  
• Licensed Personal Bankers – $14B metro Detroit regional bank

Current Automotive/Engineering retained searches:

• Account Manager – Esteemed full-service Tier 1 supplier
• Global Account Manager – An exceptional, growing automotive supplier

Automotive/Engineering active searches:

• Technical Specialist – One of the world’s largest Tier-1 automotive suppliers  
• Sr. Engine Analysis Engineer - West coast based innovative automotive company
• Commodity Manager – Worldwide leader in the development and manufacture of integrated wiper systems
• Senior Design Engineers - Profitable and growing OEM automotive supplier 
• NVH/CAE Engineer - West coast based innovative automotive company
• National Accounts Manager – Worldwide leader in the development and manufacture of integrated wiper systems
• Engine Thermodynamic/Test Calibration Engineer – West coast based innovative automotive company
• Regional Director – Worldwide leader in the development and manufacture of integrated wiper systems

Automotive/Engineering recent placements:

• Research and Business Development Manager – One of the world’s largest manufacturers of automobile components
• Designer – Profitable and growing OEM automotive supplier 

• Program Engineer – Global manufacturer with a world-class portfolio and a  leading supplier to automotive market  
• ·         Program Manager – Profitable and growing OEM automotive supplier 

• Account Manager – Leading provider of thermoplastic components

• Principle Product Engineer – Global supplier to industry leading manufacturers 

Information Technology active searches:

• Chief Information Officer
• Vice President of IT
• Sales – Physical Security and Network Technology
• Quality Engineers

Information Technology recent placements:

• SVP Chief Information Officer – $3.2B longstanding Ohio community bank
• Director of Information Services – One of Baltimore’s most respected hospitals
• IT Manager – National leader in providing business solutions to financial services companies
• Information Security Officer – $3.2B longstanding Ohio community bank

Life Sciences, Sales & Marketing active searches:

• National Sales Director – Leading medical device manufacturer

Life Sciences, Sales & Marketing recent placements:

• Director CADCAM – Leading provider of dental solutions  
• Channel Sales Manager – Midwest technology services company  

Insurance active searches:

• Chief Information Officer - Leading insurance broker
• VP Marketing – Top insurance broker
• Director of Accounting – Leading Midwest property and casualty insurance company  

Insurance recent placements:

• Associate Client Executive – The world’s leading insurance broker and risk adviser
• General Adjuster – Leading Midwest property and casualty insurance company   

Energy active searches:

• Director, Alternative Energy Business Development – The third-largest integrated energy company in the US
• Project Finance Analyst – The largest manufacturer of thin film solar modules 
• Director, Alternative Energy Project Development - The third-largest integrated energy company in the US

Energy recent placements:

• Manager of Sales & Acquisitions – The leading financial services company in the acquisition of wind energy royalties  
• Director of Project Management – Growing, successful Midwest wind renewable energy company  

We want to continue keeping you up-to-date on our activities.  Thank you again for all your referrals and the opportunity to service your clients.  ASG will continue to do our best to exceed your expectations with quality service.  If any additional information is needed, please feel free to contact ASG.

With the employment outlook improving, employers are focusing their compensation programs on hiring and retaining top talent, according to a survey released Buck Consultants, a Xerox company and provider of human resource and benefits consulting. Employers are using hiring bonuses to attract talent and retention bonuses to keep them. Buck’s study, “Reviving and Inspiring the Workforce: 2011 Compensation Trends Survey,” found that nearly two-thirds (63 percent) of organizations report using hiring bonuses and 41 percent use or expect to implement retention bonuses. The survey included a range of employee levels including; executives, directors, managers, other exempt employees and nonexempt employees. For those employees participating in a bonus program, the study found that eight out of every 10 employees can expect to receive a payout in 2011. Forty-four percent of employers who responded to the survey expect to pay bonuses that are at least five percent larger than last year. “During the economic downturn, many employers reduced staff and asked remaining employees to do more with less. As the job market improves, these organizations are using tactics such as employee referral bonus programs to not only attract proven performers, but also help retain the employees who make referrals,” said Kathi Myers, director at Buck Consultants. “Involvement in the hiring process engages employees and strengthens their ties to the organization.”

Following a major comeback for headhunters in 2010, first quarter data for 2011 showed a continued path toward growth. According to data released by the Association of Executive Search Consultants (AESC) first quarter data revealed a seven percent rise in the number of new executive searches started worldwide from the fourth quarter of 2010. Senior executive hiring within the consumer goods and technology industries saw the greatest quarter-on-quarter strength, with the life sciences/healthcare and industrial sectors following closely behind. In Q1 2011 executive search activity in the financial services sector fell against its quarterly and yearly levels. The regional picture highlighted increased executive search activity in Europe, particularly in Germany (+34 percent), the U.K. (+14 percent), and France (+nine percent) — rising from Q4 2010 to Q1 2011 – and also increasing year-on-year.

Angott Search Group is pleased to announce that our company is expanding.  We are looking to add an Executive Search Consultant to our team in our Automotive/Engineering group.  In recent years, as we are located in the Motor City, this practice had its challenges. However, due to emerging market conditions, the Automotive/Engineering sector is experiencing rapid expansion. You could be a part of this incredible opportunity!

Qualifications:

ASG is interested in individuals who possess an unique skill set combining a passion for the automotive or engineering industry with a desire to help match exceptional candidates with extraordinary companies! 

• Candidates must have several years of professional experience in the Automotive / Engineering industry with increasing levels of responsibility and success, preferably in a sales role.
• The qualified candidate must be an enthusiastic and tenacious cold calling and prospecting professional with excellent communication and relationship building skills. The ability to engage people in conversation, pique curiosity, persuade to take action and critically evaluate fit, skills, interest and motivation is a must.
• Successful search consultants should be able to work both independently and within a team and possess a fair amount of business acumen, intellect, and savvy.

For almost 30 years, ASG has built an uncompromised reputation of integrity and service within the local, regional, and national marketplace. 

Our recruiters enjoy: 

• Unlimited earnings potential
• A database consisting of 1000’s of industry contacts
• An open, vibrant, professionally appointed, high-energy work environment
• A management team with over 60 years of collective recruiting experience with ASG; patient, resourceful, and committed to your success

This exciting career is ideal for the accomplished automotive or engineering professional who wants to help others succeed while enjoying unlimited earnings potential and more direct control over work/life balance.

If you or anyone you know, might be interested in these opportunities, please e-mail Mark at mangott@asgteam.com or call at (248) 650-4800. Also, please feel free to pass this on to others in your professional network who may have an interest in these exceptional openings.