Via Garner Research …

Worldwide software as a service (SaaS) revenue is forecast to reach $7.5 billion in 2009, a 17.7 percent increase from 2008 revenue of $6.4 billion, according to Gartner, Inc. The market will show consistent growth through 2013 when worldwide SaaS revenue will total over $14 billion for the enterprise application markets.

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Via The Daily Beast …

With unemployment over 10 percent for the first time in 26 years, The Daily Beast crunches the numbers to determine the careers with the best—and worst—prospects. The results: the 10 high-growth and 10 worst-growth jobs out there.

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There are many opposing opinions and theories regarding how to accurately track the true referral sources with regards to how candidates arrive at corporate career centers.

Dr. John Sullivan’s recent article, Determining the Correct Source of Hire: the First Step in Recruiting Excellence, (ERE.net website) addresses these issues and points out what it he believes is ultimately the best approach. It’s an interesting read and covers some new areas that others haven’t addressed.

Here’s a link to the article:
http://bit.ly/7EotM

Via CareerBuilder.com …

Employers throughout the world are increasingly struggling to keep pace with expanding hiring needs. A recent workforce planning study conducted by Aon Consulting for one of its clients showed that nearly 60 percent of its key knowledge workers and leaders would need to be replaced in the next five years.

But, demand for talented employees exceeds the supply, leaving many organizations wondering what strategies to adopt to retain and expand the workforce to maintain competitive advantage. Systematic workforce planning linked to key strategies and business challenges is a foundation for informed talent strategies and processes that will impact the bottom line favorably.

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Via Forbes.com …

Once the recession ends, there could be a hiring boom. Using jobs numbers as an indicator to get in to an investment has worked before.

The national unemployment rate in July was 9.4%, down slightly from 9.5% in June. A theory is emerging that there will be a hiring boom once the economy gets back on its feet, in response to employers possibly cutting too many positions during the recession. You might want to check the job ads–not just for your own employment possibilities but as a way to spot companies that are bouncing back.

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From US News & World Report …

A flurry of conditionals has couched their “flickers of hope” and “green shoots,” but government officials may finally have their chance to speak with unobscured optimism.

The Labor Department reported Friday that employers cut 345,000 jobs from their payrolls last month, a bad sign in nearly any economy but this one, where average job losses have been twice that for the past six months. The losses reported are a full third less than economists had expected. Even job losses for the past two months were revised down by a total of 82,000 jobs. The unemployment rate, meanwhile, skipped higher to hit 9.4 percent for the month.

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Via MercuryNews.com …

A recruiter who left Google last year says that the company had maintained a “do not touch” list of companies including Genentech and Yahoo, whose employees were not to be wooed to the Internet search giant.

That revelation could be significant in light of this week’s disclosure that the U.S. Justice Department is investigating whether Google, Yahoo, Apple, Genentech and other tech companies conspired to keep others from stealing their top talent.

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Via Bloomberg.com …

Companies in the U.S. cut an estimated 491,000 workers from payrolls in April, indicating the worst of the recession’s job losses may have passed, a private report showed today.

The drop in the ADP Employer Services gauge was smaller than economists forecast and the fewest since October. March’s reading was revised to show a reduction of 708,000 workers, down from a previous estimate of 742,000.

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From InternetNews.com …

The Software as a Service business model is changing the way software is purchased and deployed by enterprise customers, experts told an audience of technology professionals here at the IDC Software as a Service Summit earlier this week.

Subscription software has been available on the Internet for years. What’s new is the willingness of companies to put key data and business functions on the Internet, a change made possible by technologies collectively know as “the cloud” or cloud computing.

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Via Forbes.com …

Thanks to last year’s strong harvest of apples and the jobs that followed in juicing, packaging and shipping, Yakima, Wash., has the strongest employment outlook in the country for the second quarter of 2009, according to a quarterly survey by employment services firm Manpower.

“This is an agricultural base, a huge apple-growing region,” says Bill Cook, director of community and economic development for Yakima. “Last year’s apple harvest was huge, and it helped carry employment through the winter. Even in a normal economic year that wouldn’t happen.”

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