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Human Resources Budgets Decreasing as Business Activity Slows

Sunday, March 1st, 2009

Human Resources departments are shrinking along with general business activity as job growth slows and purchase orders diminish. With the economic slowdown, fewer staff are needed to handle recruitment and HR administrative activities.

For those HR professionals who have secure jobs, the year ahead promises to be one of short days and frequent coffee breaks.

HR Consultancies and companies offering coaching say that 2009 is the year to take some time for professional training, taking advantage of the slowdown in work to build up one’s skill-set.

Many educational institutions are spawning new degree programs and continuing education courses to respond to the potential demand of top professional job seekers interested in increasing their marketability.

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