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Amid layoff news, many companies are still hiring

Some positions require advanced degrees, but a variety of skill levels are in demand.

Nathan Mishkin was recently hired by Scottrade in Boston.

Joanne Ciccarello - staff

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From his vantage point, David Winslow does not see a recession or rising unemployment rate. Instead, the founder of a software company in Burlington, Vt., sees a hiring opportunity.

In Farmington Hills, Mich., the gloomy news about more home foreclosures means that GreenPath Debt Solutions is increasing the number of people it hires to counsel consumers.

And, even though some companies are reducing their payrolls, that's not the case for Uncle Sam. One government website lists 49,000 federal job openings alone.

Yes, even while news of rising unemployment and looming recession is on Page 1, other organizations are still hiring. Some are in industries that benefit from a downturn: They help companies save money or find new business opportunities. Some companies are in businesses that are growing regardless of the general economy.

"There are lots of places in the economy where the cylinders are still firing," says John Challenger of Challenger, Gray & Christmas, an outplacement firm in Chicago. "Not Wall Street, not housing, and not automotive, but there are many areas that are doing well, are recession-proof or safer havens in a storm for job security," says Mr. Challenger, an expert on employment.


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