What Kind of Jobs Are in Demand?

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Nov. 8 (Bloomberg) -- Korn/Ferry International's Robert Damon comments on the October U.S. employment report. He speaks with Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg)

That's not happening but some interesting discussions at the i.m.f. this afternoon.

I hope the or --s are -- i hope the food was good.

Let's bring in the president for america's corn ferry international recruitment, a major recruiting firm and he joins us from los angeles.

Good to have you on bloomberg.

These 204,000 jobs that we keep talking about, what areas of the economy are growing?

Well, i think what you have to think about, pimm, i would call a jobs report a goldilocks report.

Wasn't too hot, wasn't too cold.

I think the economy has more wind in it today than it did a year ago but still very patchy.

What you see are areas that are hot and areas that are not so hot.

If you look below the numbers you'll see, especially in the small and mid cap companies, that's where the growth is.

Twitter, for example, $300 million a business a year ago, $500 million-plus business this year, growing that way for the foreseeable future.

They're creating jobs, pimm.

If you think about it, there's an appetite at a company like twitter for, you know, kind of, you know, people who have -- who wear hoodies and understand the millennials but also for people who have a lot of dense in their helmet and have some experience and learning agility to be to apply what they've learned in other jobs to twitter.

So you're seeing a small and mid cap resurgence.

Social media companies, lifestyle branded companies are two examples where we're seeing a lot of activity.

Bob, what kind of skills do job applicants need to have, because we keep talking about the sluggish economy and its recovery from the recession, are there specific skill sets or educational levels that are necessary in order to land these positions?

No.

i think, pimm, it's more about someone's experience.

I mean, in the old days, education was something very important and companies looked at it.

Today with the complexity of business, the speed of which technology forces decisions to be made, i think what's really important, what companies are looking for is some really relevant experience and someone that can apply that experience at a very complex environment.

All right.

But having said that, for example, you have headquarter as well as technology that you mentioned, hospitality is another one, is it possible for people to reinvent themselves if they have been in a manufacturing job or in a job that they don't like, how do they reinvent themselves later on in life to get these kinds of positions?

Yeah.

I think you can reinvent yourself and you have to look at your generic skills.

I mean, if you're a leader in an industrial company, you can be a leader in a consumer company.

I think what people have to do is focus on the generic skills that they have.

Problem solving, you know,

This text has been automatically generated. It may not be 100% accurate.

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