Crash Survival Zone

Surviving the Economic Crisis

21 Feb

Wanted: Lousy job, low pay

In a tight labor market, even less desirable job postings solicit thousands of responses.

Desperate for a job and willing to take almost anything with a paycheck? Take a number.

Between the increase in overall job seekers and the reduction in the number of jobs available, competition for even the least desirable jobs has become much steeper.

Traffic to job search site Indeed.com is up 26% in the last quarter and jumped 98% from last year, according to the company.

“People are so thirsty for anything that resembles a job out there,” said Dave Sanford, executive vice president of client services for Winter, Wyman, a staffing firm based in Waltham, Mass, “that candidates are applying to every opening that is even remotely possible.”

…more…

CNN Money

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