X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
January Thaw

The subprime debacle set in motion more than just a credit crunch; it spawned a hiring freeze across most industries, including real estate. Job postings fell sharply in the fourth quarter as companies gauged the impact of the growing crisis. Well, it looks like the tide may be turning. Hitwise, a firm that measures Internet traffic to over one million unique websites, reported last week that January visits to the major job boards (Monster, HotJobs, CareerBuilders), were running 22% ahead of last year in response to increased posting activity and greater interest in making a change (not surprising in an uncertain environment). The trend is also strong in real estate. Last month, SelectLeaders’ new job posting activity was ahead of the pace in 2007, and the early returns for February continue the positive trend. Although it’s too soon to call it a trend, it’s definitely a refreshing indicator.

Job Opportunities
SELECTLEADERS Managing director, European investment management company(LONDON) This hire will be the head of a new London-based, pan-European investment fund that is being sponsored by a joint venture of two Kuwait investment companies.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.