GOLDEN VALLEY, Minn. -- Ted Chalupsky from The Right Staff was in the KARE 11 studio Saturday morning to discuss the hiring outlook for the new year.
Chalupsky also outlines the fiscal cliff and what's next, predictions for 2013, hiring trends for 2013, the job tip of the month, and the job of the month.
Here are some of his points outlined below.
Fiscal cliff recap and what's next:
- The US job market shrugged off fears surrounding the 'fiscal cliff', adding 155,000 jobs in December. Rather than hold back until the fiscal cliff was resolved, many employers kept hiring.
- That's an encouraging sign for the job market, because an even bigger budget showdown is looming: Congress must vote to raise the government's $16.4 trillion borrowing limit by late February. If not, the government risks defaulting on its debt.
- Next big Issues: Obama Care and 2014 Mid-Term elections
Predictions for 2013:
- Hiring activity won't be dramatic, but the job market will continue to pick up steadily. Ted predicted back in January 2012, the unemployment in the Twin Cities would be around 5 percent. Today, that figure is around 5.2 percent.
- Ted's prediction for 2013: The unemployment rate in the Twin Cities will be under 5 percent.
- According to the Federal Reserve Bank of Minneapolis, Minnesota's economy is poised for above-average growth in 2013. The state's employment is expected to grow by "a solid" 2.2 percent and reduce the unemployment rate to 4.7 in 2013, the Fed said.
Job tip of the month:
- If you want to be found, go to LinkedIn.
Job of the month:
- Job Description: Curative position for primarily refinance transactions. Resolving title issues through various means (phone calls, emails, etc.). Responsible for pipeline management, clearing title issues, reviewing title commitments. Strong focus on customer service and meeting the needs/expectations of the client.
The Right Staff has offices in Edina, Maple Grove, and St. Paul. Find out more information on their website at therightstaff.com.
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