Word: hire
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Dates: during 2000-2009
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...recession eased, companies propped up their profits by being famously stingy about hiring, even as the work volume increased, which is one of the reasons worker productivity has zoomed. "What's happening is that businesses are telling workers to suck it up and work harder," says Mark Zandi, chief economist at Economy.com According to a survey by Monster.com 71% of workers polled said they put in more than 40 hours a week, and 57% consider themselves overworked. "They can't do that forever," says Zandi. "Companies have got to hire." After the 1991-92 recession, it took 18 months...
...seems to have some predictive power for permanent employment growth," says Groshen. "Companies seem to experiment with the job itself or with the particular employee. Do we really need this job? Can this person really do it?" If the answer is yes, it can lead to a permanent hire...
...makers and factories creep cautiously out of this recession. Texas Health Resources is barreling full speed into a boom. Demand for health care is expected to be so strong that over the next 10 years, this group of 13 hospitals dotting the cities and suburbs of north Texas will hire 2,000 people as part of a $1.5 billion expansion...
...expand these programs if you don't have the trained educators," says Stephen Collier, director of the Health Professions Education and Workforce Development program at the University of Alabama at Birmingham. Nursing schools and, increasingly, training programs for other health professions complain that they cannot hire enough instructors to add new students. (Licensing requirements mandate low student-to-teacher ratios.) Salaries for educators are well below those for clinical practice, and budget cuts at state colleges and universities have prevented them from offering more. "If we don't have educators, we won't have the nurses," says Amanda Engler, spokeswoman...
...Rocawear clothing line and writes marketing plans for the firm's latest films. "They're the brain trust," says CEO Damon Dash, who launched his billion-dollar music, fashion and movie empire with rapper Jay-Z eight years ago (see MUSIC). Chief strategist David Gensler plans to hire four new people over the next few weeks, and the company may soon add spots in London. "I'd really like to find some aggressive M.B.A.s," he says...