Thursday, May 21, 2009

New Unemployment Claims Down, But Continuing Claims Rise

The U.S. Department of Labor released its most recent statistics on unemployment today, and the findings show that while unemployment has stabilized over the past 3-4 weeks (meaning there aren't as many newly unemployed), those who are currently out of work are taking longer to find new jobs.

The number of U.S. workers filing new claims for unemployment fell 12,000 last week -- initial claims for state unemployment benefits declined to a seasonally adjusted 631,000 in the week ended May 16 -- but the number of people still receiving benefits after drawing an initial week of aid increased by 75,000, to 6.6 million.

What does this mean for resume writers? In simple terms, a need to continue to encourage clients to persevere in their search. There are certainly jobs out there, but clients will have to work harder (using their network and following up) to identify and secure positions. 

Making a point to emphasize a holistic approach to the search -- not just developing and distributing the resume (the equivalent of giving the job searcher a fish, rather than teaching him or her to fish). 

Wednesday, May 13, 2009

New 10 Questions Survey

One of the things we ask of subscribers to the free Resume Writers Digest newsletter is that they participate in our periodic surveys. Previous surveys have focused on subcontracting, "Write Great Resumes Faster," conference attendance, and our annual "Industry Survey."

Our latest request for your participation -- a question for resume writers OR career coaches -- is: "What question(s) do you ask your clients?" I'm trying to identify 10 "key" questions.

Can you help? Take a minute to fill out the survey -- or e-mail me your questions/questionnaire at rwdigest@aol.com.

The results of the survey will be the basis for an article in the next issue of Resume Writers' Digest.

The responses I've gotten so far are FABULOUS! Keep them coming!

Tuesday, May 12, 2009

More Analysis of the Resume Writing Industry


I thought I'd share some further data about how I think commercial list compilers are under-reporting the actual number of resume writers out there.

Another commercial list I found identified 809 resume writing firms. Take a look at the numbers reported from your state and see how that compares to your experience:

AK = 1
AL = 8
AK = 5
AZ = 20
CA = 75
CO = 14
CT = 19
DE = 3
FL = 50
GA = 18
IA = 10
ID = 2
IL = 43
IN = 12
KS = 9
KY = 9
LA = 6
MA = 25
MD = 26
ME = 5
MI = 19
MN = 25
MO = 24
MS = 6
MT = 2
NC = 25
ND = 1
NE  = 4
NH = 6
NJ = 32
NM = 1
NV = 4
NY = 62
OH = 39
OK = 5
OR = 8
PA = 48
RI = 4
SC = 6
SD = 1
TN = 12
TX = 52
UT = 2
VA = 27
UT = 1
WA = 15
WI = 14
WV = 2
WY = 2

In my case, I live in Nebraska. Although I wasn't able to see WHICH four firms were listed, I was able to analyze them by city/county, and none of them were listed for Omaha, which is the largest city in the state.

Just looking in one of my local phone books (Dex Yellow Pages), I identified five firms (in addition to my own). One of these is a recruiting firm with a resume writer on staff; the others are sole proprietorships. Interestingly, one of my oldest firms in the city isn't currently listed, so that's at least one more writer that isn't being counted.

Monday, May 11, 2009

Analyzing The Professional Resume Writing Industry

I received an e-mail today from a professional resume writer who was wondering if I knew how many professional resume writers there are out there. Because we conduct an annual Industry Survey, I think I've got a pretty good handle on this. I'll share the results that I gave to her.

My research shows that there are approximately 4,000 to 6,000 resume writers in the U.S. But some of those are career counselors who write resumes only occasionally (or who "consult" on resume writing, but don't write them themselves). Some of those are secretarial and typing services that "do" resumes, but don't necessarily focus on the craft of writing as heavily.

Many people trying to get a handle on the industry just look at the number of resume writers who are listed under "Resume Writing" in the Yellow Pages (SIC Code 73380101 = "Resume Writing Service"), but this is under-reported, according to my analysis. 

Current SIC Code counts are between 800-1300 resume firms -- but my own database shows more bona-fide resume writers than this. (My database is compiled from these Yellow Pages listings plus the major professional associations, plus "self-reporting" resume writers -- that is, they don't belong to associations and don't list themselves in the Yellow Pages, but still write resumes. Some of these might be those secretarial and typing services that also offer resume writing -- or even career coaches/life coaches/therapists who write resumes but don't advertise that service publicly. Others are "newbies" who haven't yet launched their businesses and therefore don't advertise.)

Also, there is no measurement  of what a "bona-fide" resume writer actually is. Do they write 1 resume a week, or 10? Are only certified resume writers counted (not the way I count them!). Do they have to actually WRITE resumes, or can they provide feedback to clients to help them write their own documents (I count both).

One analysis of a commercial mailing list targeting Resume Writing Services found 1012 listings.
1-4 employees -- 777 businesses
5-9 employees -- 141 businesses
10+ employees -- 94 businesses

I didn't find their sales data to be believable, so I won't share that information.

Businesses that are a single entity -- 921 (91%)
Businesses that are a headquarters for multiple branches -- 64

Years in business:
Under 1 Year - 10
1 Year -- 23
2 Years -- 25
3-5 Years -- 231
6-10 Years -- 200
10+ Years -- 523

Because this list was likely compiled from Yellow Pages listings, keep in mind that not all bona-fide resume writers in an area advertise in the Yellow Pages -- and that more established businesses are more likely to advertise than new resume writers.