Monday, August 3, 2009

Signs of hope seen in job market

Tom Wieder, an executive recruiter for banking, said he's seen some big players start to replace key people and "organizations that were in complete lockdown mode” move from "a hiring freeze to a hiring frost.” Certainly, layoffs continue, but "people don't necessarily understand that hiring is going in through the other door,” said Wieder, managing partner for the financial services group of WorldBridge Partners in Baldwin.

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