Although hiring activity for the Fortune 1000 was down 37 percent in the first quarter, there were 213 companies posting more jobs this year than a year ago. These included firms in Utilities, Telecommunications and Health care.
Notably, we see that in some of these cases, the company's stock price also held up (relatively speaking) during the recent market meltdown. Take a look at Pacific Gas and Electric Company (PCG):
Source: WANTED Analytics
And a similar view of DIRECTV (DTV):
Source: WANTED Analytics
In the case of ITT Corporation (ITT), hiring demand has continued to climb without (yet) a corresponding increase in stock price. Perhaps that is coming.
Source: WANTED Analytics
Links to this article (2)
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May 4, 2009 - www.johnsumser.com
090504 Driver Links | johnsumser.com: Recruiting News and Views
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May 15, 2009 - www.twocolorhat.com
090504 Driver Links | Two Color Hat
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