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Vedior North America Survey Shows Significant Employment Opportunities in the Technology, Healthcare, Legal and Financial Industries
--New Report Issued by Vedior North America Confirms that Highly Skilled Workers are Commanding a Premium Salary--
Wakefield, MA, 12.06.06 - U.S. workers continue to enjoy robust job growth in certain industries, shows a report issued today by Vedior North America. The report, based on data gathered from Vedior North America's 12 divisions, also shows U.S. employers continue to add jobs across the board. Long standing trends such as lack of qualified healthcare workers and the loss of IT positions to non-U.S. workers were also validated by the report.
"The good news is that U.S. workers continue to enjoy a resurgence in demand," said Greg Netland, CEO of Vedior North America. "We also found that Corporate America is being smarter about how, when and where they add jobs, ensuring that they have the right talent to move their organization forward. The combination of these two forces translates into a very good job market for highly skilled and competent workers as the hunt for exceptional employees becomes fierce."
The report was based on data gathered in 2006 as well as research done by the divisions to better understand the trends that were impacting employment in the various industries served by Vedior North America. The company's client base spans virtually all sectors of the American economy including technology, healthcare, professional services and clerical and light industrial. The report also contains information gleaned from conversations with clients regarding their hiring priorities and considerations.
Report Findings
The audit confirmed that many U.S. companies are continuing to hire and Vedior North America expects to see that trend continue in 2007.
"We have seen a rapid increase in hiring in the last few years as the American economy rebounded from the 2001-2002 recession," commented Netland. "Although we do see evidence that growth will abate from the frantic pace of recent years, we believe that U.S. employers will continue to add jobs. In fact, we are already seeing a gap between supply and demand forcing companies to work harder to secure qualified employees."
The purpose of the report was to outline the conditions affecting employment in the industries served by Vedior North America. Following is a breakdown of the findings by industry:
Information Technology - Outsourcing to overseas workers continues to make an impact on the IT market. Jobs like programming and entry level IT support are typically being lost to workers in other countries but management level IT workers are in high demand as American companies are reluctant to entrust oversight to overseas workers. In addition to project management positions, security remains a hot area for IT as companies scramble to safeguard their networks.
Vedior North America's IT division, Sapphire Technologies, has received 59 percent more job orders for IT professionals in the first 9 months of 2006 than in the corresponding time period in 2005.
Healthcare - Long characterized by a shortage of workers in key fields like nursing and primary care, the healthcare industry is bracing for the onslaught of the aging baby boomer segment of the population. As such, the industry will be looking for additional ways such as locum tenens, or the practice of placing doctors on a temporary basis to meet the rising demand for healthcare services. In addition, the allied health fields such as physical and occupational therapy will experience a boom in coming years.
Vedior North America's healthcare division, Clinical One, has received 20 percent more job orders for healthcare workers in the first 9 months of 2006 than in the corresponding time period in 2005.
Professional Services - The report defines professional services as including the legal, financial and human resources professions. The Sarbanes-Oxley Act (SOA) has created the fastest growing category of project assignments for financial professionals as companies work to meet the new strict requirements. In addition, the increase in mergers and acquisitions has placed legal professionals with experience in M&A activity in high demand.
Vedior North America's professional services division, Vedior Professional Services, has received 26 percent more job orders in the first 9 months of 2006 than in the corresponding time period in 2005.
Clerical and Light Industrial - Employee turnover continues to affect this segment of the market as workers are motivated by hourly pay rather than any sense of loyalty to the employer. Companies are becoming increasingly interested in more thorough background checks including drug testing as they seek to limit their exposure to less desirable workers.
Vedior North America's light industrial division, Placement Pros, has received 17 percent more job orders for workers in the first 9 months of 2006 than in the corresponding time period in 2005.
The full report can be found at:
http://www.vediorna.com/docs//Year_End_Report_2006.pdf
About Vedior North America For the most prestigious organizations across a wide range of industries, Vedior North America offers a one-stop global staffing solution. Vedior NA is able to flexibly tap into all of the specialized skills required to quickly adapt to every business condition. Unlike "general purpose" staffing companies, Vedior NA's staff possesses the market sector experience needed to ensure the optimal fit between its clients' needs and their experienced talent pool. Vedior NA is part of the Netherlands-based Vedior, NV, one of the world's largest staffing companies with a diversified portfolio of brands targeting a broad range of industry sectors in 44 countries.
Vedior's shares are listed on the Euronext Amsterdam stock exchange and included in the AEX index of most actively traded securities under the symbol VDR. For correct stock information in North America, use the VDOR.AS symbol.
For more information on Vedior North America, visit www.VediorNA.com. For more information on Vedior, NV, visit www.Vedior.com.
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