Bush appointees face weak job market

Published: Nov. 1, 2008 at 1:28 PM

WASHINGTON, Nov. 1 (UPI) -- The Bush administration's estimated 3,000 political appointees face a tough market with lower-paying jobs than previously anticipated, corporate recruiters say.

The weak market means there are nearly 25 percent fewer corporate management spots open now than there were eight years ago for Clinton administration appointees seeking post-election employment, The Wall Street Journal reported Saturday.

Most Cabinet members, such as Secretary of State Condoleezza Rice, already have jobs lined up, with Rice planning to return to Stanford University, the Journal reported.

Other Bush appointees, however, are finding it difficult to make the transition out of government and may end up in lower-level positions than they expected, said Nels B. Olson, a recruiter for the search firm Korn/Ferry International.

Administration officials who stay until the Jan. 20 inauguration "will be looking for work until the economy recovers," predicted Paul Light, a presidential-transition scholar at New York University.

© 2008 United Press International, Inc. All Rights Reserved.
Order reprints



Additional News Stories
Markets head up with retail report (19 min)
Radio host beaten to death in Glasgow (23 min)
Financial reform hits bipartisan House (29 min)
Canadian Tire reins in use of its 'money'
Crude prices up Friday morning
China showing economic strength
China Nov. trade surplus at $19B
fark
You've decided to drill a borehole to install geothermal heating in your hotel. That's good, but...
Man beats wife for not helping clear snow. The joke's on her, she'll have to shovel while he's in...
Non-Muslim Swiss man turns his chimney into a minaret to protest the recent decision by voters
Okay mac, just gimme all your corduroy jackets with missing buttons, out-of-style belts, 10-year...
Guttenberg makes surprise trip to Afghanistan. My, he certainly is the movable type
Two kids sick after smoking incense, which they thought was smoking over-the-counter fake pot. Tea...