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Article: DBM Research Shows Job Market Slow to Rebound in Improving Economy; Job Seekers Continue to Face Lower Salaries and Opt for '180 Degree' Career Switch to Secure a New Job.
- Article from:
- PR Newswire
- Article date:
- March 16, 2004
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DBM, a global human resources consulting firm, today released the results of its annual U.S. Career Transition Study -- a report on job search trends from people who experienced a career transition in 2003. Overall findings indicate a reluctance in corporate America to increase hiring, even as the economy rebounds.
"As consumer spending increases -- strengthening the economy -- corporate America watches and waits," said Tom Silveri, President and CEO, DBM. "Many factors are impacting the 'jobless recovery' we're experiencing. For example, organizations are being conservative with hiring practices and won't aggressively invest in new employees until the economy ...