Employment Outlook in 2008

I thought you might be interested in the thoughts of Lynne Sarikas, director of the MBA career center at Northeastern University’s College of Business Administration, on the employment prospects for 2008:

“We continue to see strong interest from employers in our MBA students despite the economic issues to date,” Ms. Sarikas denotes. “The major reasons they are giving include:

Building management of the future given anticipated retirements in the next few years, need to get the managers of the future in place and trained

Skill set - existing workforce doesn't always have the specific skills needed to grow the business or address current issues, they are hiring students with specific skill sets to meet those demands, we are seeing particular interest in the supply chain/operations area since these are critical issues for many people

Tight labor market - not enough people to fill all the jobs so even without adding positions it is a constant struggle just to stay even, there is significant demand for the best and the brightest, everyone wants them

I had an employer tell me last week "there are more jobs than well-qualified candidates" - supply and demand is still in full operation.