In the past, the confidence of Indian talent was driven by buoyancy in hiring; now, it is about replacement hiring, said Anil Ethanur, co-founder of specialist staffing company Xpheno.
again. it is cyclical. jenna: some of our viewers asked a question whether or not you think we re in a double-dip recession in the job market? we haven t seen that yet. employment numbers from adp were not remarkable which is actually the problem. they re not remarkable. at this point in a recovery we ought to be seeing that the numbers are getting a lot better a lot quicker and we re not seeing that. so, it s not going as fast as we would like and we have to wonder is it stalled? jenna: you re you re selling point initially catering for people with jobs of $100,000 salary or higher. which sounds good, right? those are six-figure jobs a lot of folks want out there. first of all, are those jobs out there? and where exactly are they? so, there are tons of 100-k plus jobs out there. the thing we forget in recession even though there are layoffs and relatively high unemployment rate, most hiring is replacement hiring.
most of the times when companies are highering they re hiring to replace somebody who left. they re hiring to fill a need for somebody transferred. jenna: sure. vast majority of hire something replacement hiring there is always a ton of jobs. we have over 50,000 . jenna: the question is where? what industries are really ones you re placing people in? so the big picture is obviously a lot of manufacturing moved overseas. less and less the job openings out there are in the manufacturing sector. and there are more and more in the technology services and thinking jobs sector. jenna: thinking jobs? where people, professional services or design or doing things where you re working behind a desk rather than working in a factory. jenna: in these times that we see so many people out of work for months on end, that s tough to get back into the job market when you ve been unemployed or coming from a place where you don t have a job. what is the key that you re seeing that you get these can