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COPYRIGHT 2001 Crain Communications, Inc.
Supply outstrips demand in tight job market
108,159.
It's quite a large number.
It's also the sum of a brief scan through RCR Wireless News headlines from the past few months, headlines detailing job cuts carried out by some of the world's largest telecommunications companies. It is by no means a total and complete tally of unemployed workers in the wireless industry--that number could be as high as 500,000--but it makes one thing clear: The job market is not good.
"Now there are no jobs," said Bob White, president of the recruiting firm Pennington Consulting Group. "I can hear my competition saying, 'We've got plenty of jobs' well, they're lying."
Just last year at this time, RCR Wireless News' Personnel Focus detailed the trials of companies looking for qualified applicants--and finding none. Now, the situation has been completely reversed.
"Lucent was one of the hardest companies to recruit for. They had a work force that was second to none. They were...
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