image via Crowdfundinsider.com
Toyjobs has finally collected on its personal fraud suit vs. Ivars Sondors who is now operating under the moniker “Storm Sondors.” The case began in 2007 with Toyjobs winning a judgment case against Sondors’ company A-HA Toys in November 2008 and being awarded a judgment against Ivars Sondors personally in August 2011.
Toyjobs President, Tom Keoughan said: “We’ve chased Mr. Sondors for eight years across three continents. It’s good to finally collect what is owed us and put this matter behind us. I’ve got two big boxes of paper to throw out.”
Keoughan further states: “I have no way of knowing how he’s handling himself now, but it has been my experience that people over the age of forty don’t change much.”
While the toy industry saw strong search starts in the first quarter, a lot of hiring decisions were postponed due to the uncertainty caused by the weak economic and retail environment. Starting in Q2, we were rocking and rolling again. Search starts continued at a good pace, but now previously delayed hiring decisions were being made.
In July, toy jobs continued to be filled, although, as usual, search starts slowed due to seasonal factors. For the second straight year, search assignments restarted during the final week of July. I’ve been saying it for a long time, but it seems that toy companies have finally started to realize that if they want to add new members to their teams in time for the Fall Toy Preview, they have to start looking well before Labor Day.
From where I sit, toy industry hiring looks to be strong through the end of the year and beyond. NPD has recently reported that toy sales improved by 6.5% in the first half. They also project an increase of 6.2% for the entire year. This will be the strongest growth in the toy industry has seen in decades. Several hot properties and product lines have been leading the charge, including: Frozen, Shopkins, Minecrafts and Paw Patrol. Coming soon will be an all-out blitz by the Star Wars franchise.
Strong sales growth should create confidence in toy companies, which should in turn instigate their desire to grow. In particular, look for rivals to try to continue to bite off shelf space from still staggering Mattel. All of this growth will necessitate an increase in staff. I look for renewed toy industry confidence to spur hiring through the end of this year and into the next. May the force be with us.
All the best,
US GDP contracted at a 0.7% rate during the first quarter. That was certainly no surprise here. As I reported last time, even though there was a flood of search starts early in the year, companies didn’t seem to be pulling the trigger even once they found the candidates that they wanted to hire.
During the current recovery, the US economy has established a pattern of weak first quarters. This time, economists are chalking it up to a triple threat of awful winter weather, a strong dollar, and the labor dispute at West Coast ports. Hopefully things have starting turning around. Here at Toyjobs, we have noticed that companies started actually hiring people beginning in late April. Search starts have been strong all year and we
expect that to continue, albeit with a slowdown during the summer doldrums of July. In August and September, I expect both search starts and hiring to reaccelerate as firms begin preparing for the 2016 selling season.
Lastly, Toyjobs would like to join the entire toy industry in honoring Carter Keithley. From the time he came in, Carter
took a barely functioning and (let’s just say) “controversial” organization and turned the TIA into a top flight industry association which everyone respects. Carter always lent an ear to everyone and, as many of us know, Carter was fun. Heh, I find myself chuckling about the “was” because I’ve heard Carter say on several occasions: “I’m not dying!” True,
but he’ll be around a lot less and I, for one, will miss him.
Sincerely, Tom Keoughan
I would like to thank everyone for their outpouring of support during the Obvious Huckster in Ohio (OHiO) ruckus. I don’t like being put into that sort of situation, but sometimes you have to take a stand or things will just continue or get even worse. We haven’t heard a peep out of OHiO since, so it seems that the possibility of further exposure has given him some degree of restraint. Hopefully, his behavior has been permanently altered and we can all just get back to work. Thanks again for your support.
By now I’m sure that most of you have heard about the sharp deceleration in March hiring after a long string of strong jobs reports. Non-farm payrolls slowed in March to a seasonally adjusted 126,000, the weakest hiring in 15 months. Hiring estimates for both January and February were also revised downward.
My gut feeling is that things are not as bad as that report indicates, despite the press running around crying that “the sky is falling.” After all, bad news sells. The US has had a number of soft first quarters in recent years. I haven’t been able to come up with an explanation for that phenomenon that I’m satisfied with yet. Lots of correlation but unconvincing causation. Here at Toyjobs, we don’t just make stuff up but it’s still important that we recognize the pattern.
There have been lots of layoffs recently in the oil and oil service businesses and certainly that is a factor. And, for the last two years, first quarter winter weather has been horrible. Last month, job growth in construction and leisure and hospitality, two of the most weather-sensitive industries, slowed by about 90,000 jobs. Days when the office is closed due to weather also takes a greater toll than it is generally given credit for. There are the snow days themselves and then there are the next few days of playing catch up. Yes, I know everyone claims that they can get all the work done or are even more productive from home but we all know that’s not entirely true, don’t we? This means multiple days taken away from interviewing and decision making all of which pushes actual hiring down the road.
In the toy industry it is not unusual for hiring to be slow in January and February as everybody hits the road for the global trade show circuit. There is no time to interview and make decisions. A lot of companies also decide on whether to create jobs based on trade show and early year sales results. Hiring can slow even as search starts increase.
That’s what we’re seeing this year. Here at Toyjobs, after an extremely strong fourth quarter, first quarter placements have been slow as search starts have been soaring. If both unemployment figures and search starts had gone into reversal, I would be concerned that the US economy was faltering. That has not been the case. Search starts have been quite robust and those searches are now beginning to come to completion. Many will be completed in April and May – a few weeks later than usual. This leaves me optimistic that poor first quarter jobs numbers represent a delay rather than a long term slowdown and that we are thankfully about to experience a rebound.
It has been brought to our attention that a recruiter whom we generally refer to as the Obvious Huckster in Ohio (OHiO) has been spewing scurrilous nonsense about us. He has done this before and we have no doubt that he will do it again.
OHiO is simply demonstrating what he has made into a career: trying to mislead people by just making stuff up. You don’t have to believe me. Those of you who are familiar with his job board know that more than half of those jobs have been up there for more than five years. I can only suppose that he’s trying to cover for the fact that he hasn’t been all that busy since then. Actually, his entire website is full of fabrications that he apparently just plucked from the sky. One wonders if he’ll respond by publishing an honest and accurate job board now?
Here at Toyjobs, we take your future seriously. We pledge to always treat you openly, honestly, and in a forthright manner (even though you may occasionally not like it). We pledge to respond to your queries in a timely fashion. We pledge to never “just make things up.” And we pledge never to waste your time or insult your intelligence by writing and stuffing your inbox with articles on the relative merits of the color Han Purple. 🙂
As for OHiO, we can only advise: Deception doesn’t win, execution does…maybe it’s finally time that you change your focus. Should OHiO decide to print defamatory statements about us again, we will begin to publish a series, for the entire toy industry to read, of his Top 10 Sleaziest Hits. We will only publish the ones that we have complete documentation on, because here at Toyjobs, we never “just make it up.” Should OHiO cease this practice, then you will know that I am speaking the truth. If he continues, you will be able to follow his slime trail for yourselves, because we will furnish names, dates, and documents. Extreme professional jealousy can grow into a pretty serious sickness. Hopefully, this will serve as OHiO’s wake up call. Who knows? Maybe he will even put his big boy pants on and issue a retraction. I’m not gonna hold my breath. Your move, OHiO.