While the unemployment rate remains well north of nine percent – a very troubling stat indeed – there is hope on the horizon. The view from New York (at least from my seat) is that there is a huge pent up demand for new and more qualified employees and that in the second half of 2010 there will literally be a jobs explosion for qualified candidates. Service companies are hungry for those who can help them build market share in good times and bad and corporations are looking to upgrade their talent to take advantage of the coming (if still yet unofficial) recovery. And, here's the potential interesting rub, as we've seen in markets in Europe for years, economic growth can continue and jobs can come in waves without greatly reducing the overall unemployment rate. It will be interesting to see if we get back to our historical unemployment numbers of if this is an entirely new way of doing business. Vive la revolution!
