The New Odd Couple: Skilled Worker Shortages And High Unemployment

YouTube last week announced it expects to have its biggest hiring year in 2011, with plans to grow its staff by 30%.

The Google-owned video site has dozens of open positions in all areas, with a high number of them are in advertising sales and customer support.

Google itself announced a few weeks ago that 2011 would be its biggest hiring year ever, surpassing its 2007 hiring record with more than 6,000 new hires.

In contrast AOL, the darling of Wall Street just a decade or so ago, announced it was laying of 20 percent of its workforce or 900 people.  That followed a cut of 2,500 employees just about 4 months ago.

The contrast between Google and AOL, as well as quite a few more technology companies, is distinct. It reinforces the volatility of business models, and essentially job markets, in today’s marketplace.

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