Do you know how valuable the "hidden" job market is? According to National Business Employment Weekly (Oct. 4-Oct. 10 issue), "knowing about the hidden job market gives you a real competitive edge over other job seekers."
Excerpts: "Eighty percent of all available jobs aren't advertised . . . This means there are five times more jobs available to you in the hidden job market than you realize . . . Examples: somebody's coming retirement (a replacement will be needed); a divisional expansion (wanted: regional sales manager); severing of ties with outside public relations agency (communications manager's slot opens up)."
The story adds, "Your task is to find out about these jobs before the firm goes public with the news, then make sure they don't have to. Ways to do it: Your personal network (direct contact with people you know can provide you with limitless connections.) Telephone listings (check of companies, organizations, professional associations right in your own backyard will identify leads). Trade and business publications, directories, financial reports, house organs, etc." The story concludes, "The hidden job market is a reality; every time a change is made, jobs open." Many libraries have copies, or phone (212) 808-6792 for subscription data.
WORKPLACE HEALTH: "If your coffee cup rivals your Rolodex as a necessary work tool, here's one more reason to defect to decaf: your blood pressure. A new study found that when 45 regular coffee drinkers downed five cups of caffeinated java for six weeks, then switched to five cups of decaf per day for the next six weeks, the blood pressure of over half the subjects dropped significantly." (Working Woman, September.)
BUSINESS LUNCHES: "Fixed-price lunches are proliferating at pricey restaurants because of the recession," says Zagat Restaurant Survey, adding, "the average price per meal at the 20 most expensive New York restaurants last year was $67, without wine or tip. By contrast, a fixed-price lunch this year at four-star Lutece costs $38, at American Harvest $25. In Washington, a fixed-price lunch at much-touted Nicholas is a bargain at $19.50." (Inflation note: In 1975, I gasped at what was then New York's most expensive lunch, costing about $13 at La Grenouille.)
BALTIMORE BEAT: Did you know that Baltimore was the third city in the world to light its streets with gas, after London and Liverpool? . . . Were you aware that the first street gas lamp was erected at Market and Lemmon streets (now Baltimore and Holliday streets)? . . . Did you realize that five years after its founding in 1816, the Gas Lamp Co. (first gas utility in America and predecessor of BG&E) listed only 73 customers? . . . And did you know that at the turn of the 20th century, most Baltimoreans heated their homes with coal? And were you aware that in 1925, BG&E began WBAL radio station? (BG&E house organ, October).
MIDMONTH MEMOS: "Before Frank Perdue, people bought generic chicken; Perdue's genius was in creating a brand. You can do the same thing." (Success, October) . . . I will be Larry Adam's guest on Money Matters tomorrow night at 8 o'clock on Baltimore County cable channel 17, Baltimore City cable channel 44 . . . There should be a Senate investigation to determine who selected those bilious green felt table covers for the Clarence Thomas hearings.