Business Trends

Creepy Statistic of the Day – July 13, 2009

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I got the following from an email sent by Workforce Recruiting:

NORTH AMERICAN RETAINED SEARCH REVENUE GROWTH VS. YEAR EARLIER

(Percentage change)

Q1
’08		 Q2
’08		 Q3
’08		 Q4
’08		 Q1
’09
Korn/Ferry Intl. 9.6% 9.1% -2.2% -29.5% -42.8%
Heidrick & Struggles Intl. -7.3 -1.4 -0.2 -14.7 -40.0
Total 1.9 4.1 -1.3 -23.1 -41.7

Note: Korn/Ferry’s revenue has been adjusted to a regular year ended December 31 from the company’s fiscal year ended April 30. North American fee revenue for Korn/Ferry includes revenue from FutureStep.

Source: Company reports, Staffing Industry Analysts Inc.

Scary Chart of the Day

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Let's all stop shopping at the same time

Let's all stop shopping at the same time

Since the Great Crash of 2009 I’ve often wondered if we are experiencing a run of the mill type of recession or something else.  I’ve also thought a lot about large scale fundamental shifts in behavior, like if everyone stopped shopping at the same time.  Now I think about whether or not consumer behavior has permanently changed?

If the answer to this is yes…

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