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DBM Survey Reveals
Industry Sector
Hiring Trends

Average Job Search Time Holds Steady at Four to Six Months

NEW YORK, Dec. 4, 2003:-- Healthcare/Pharmaceutical, Finance, and Professional Services will be the most popular hiring sectors over the next six months, according to a recent survey conducted by DBM, a global human resources consulting firm, and part of The Thomson Corporation (NYSE: TOC; TSX). The survey reflects job market observations of DBM's U.S. consultant population. The findings were calculated in October of this year.

"Several factors including an aging baby boomer population and the rapid research and development rate within the healthcare and pharmaceutical industries are contributing to increased hiring opportunities in these sectors," said Tom Silveri, President, DBM. "This is a slow yet steady growth area. As the economy continues to improve, these career fields should flourish with opportunities."

Overall, the survey revealed the following as the three "hottest" hiring sectors over the next six months:

  • Healthcare/Pharmaceutical
  • Finance
  • Professional Services

Job Search Time Stays Consistent

While the above-mentioned industries have been identified as the most likely for growth, overall trends are consistent with DBM's second quarter findings:

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  • Seventy-six percent of DBM consultants reported that job seekers are taking an average of four to six months to find employment.

  • Twelve percent of DBM consultants found it's taking more than seven to eight months to secure a new job.

  • Twelve percent of DBM consultants found time to re-employment averaged three months.

    About DBM

    DBM (www.dbm.com) is the world's leading provider of strategic human resource solutions that helps organizations align their workforce to meet changing business needs. Known for over 35 years for its innovative and effective career transition services, DBM offers in-depth capabilities in employee transition, retention, development, and selection. Founded in 1967, the company has more than 230 locations in 51 countries.

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