Good Monday morning,

With the jobless rate announced on Friday at a 15-year high of 6.7%, it might surprise you to know that we have had over 50 new companies sign up to recruit on TheLadders in the past two weeks! And we have over 55,000 jobs live on the site today.

To take just a small sample, these name-brand companies have posted over 1,300 jobs this past week alone:

AT&T
Accenture
Verizon
IKON
Oracle
Sears

How can that be, Readers? With all the bailouts, and workouts, and flame-outs going on, how is it that companies are still looking to hire through TheLadders? Well, it's two reasons really:

First, even in a down economy, companies are looking to add people to their growing divisions. Take a look at this paragraph from Friday's Wall Street Journal:

Mr. Gross says he believes most companies are cutting jobs in specific units or regions rather than across the board. AT&T, for example, says it will continue hiring in growing parts of its business, including wireless services and its video offerings.

And that's exactly why AT&T, and all these other companies, have posted jobs with us this week. Thanks to more-advanced information technology and better systems controls, companies don't have to make clumsy cuts all the way across the board. They can target reductions in shrinking divisions while simultaneously plotting growth for more promising areas.

And secondly, with the rising tide of unemployment, companies are looking for simpler ways to find the right candidates for their top jobs. From your own experience, you know that your company is not looking to add a lot of people in Human Resources right now. So how do you think companies across the country are going to handle the absolute flood of resumes coming in from anxious job-seekers? They certainly aren't going to be adding additional headcount just to screen through the additional applicants.

No, the reason companies are turning to TheLadders.com is that we provide a simple way for them to screen out inappropriate applicants. Because we review every single job-seeker (and job) to ensure appropriateness for our $100K+ system, companies know that we provide fewer, more qualified, more talented applicants for their jobs.

In times like these, that is a huge help to them in making the hires they need quickly, and without having to spend a huge amount on additional personnel just to sort through the ever-increasing resume pile. And it is that ease and efficiency that has led to our achieving record volumes of companies using TheLadders to find their next great $100K+ employees.

Good luck with your search this week, , I will be rooting for you!

Warmest Regards,

Marc Cenedella
Founder & CEO
TheLadders.com, Inc.