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    This Week's ERN

Author:

interbiznet presents the Bugler
August 17, 2000


Talent Supplies
Labor shortage, labor shortage, what shall we do? The import of talent from other countries is the topic of today's Electronic Recruiting News.

The College Crowd
The JobTrak.com Index for July 2000 shows a 19.6-percent increase in total job openings, with an average starting salary of $37,488. This is down from a 50.4-year-to-year increase in March. CollegeHire interviewed more than 5,000 computer science and computer engineering students and found that more than 51 percent of the respondents said they expect to earn between $51K and $70K in their first job.

Advertising Revenues
The New York Times Company reports that advertising revenues for its Newspaper Group increased 4.9 percent for July 2000, showing a 13.3-percent year-to-date increase. Advertising revenue for: The New York Times Magazine rose 28.5 percent. Gains in help-wanted and real estate advertising offset softer automotive advertising;

The Boston Globe, increased 2.1 percent. Growth in help-wanted advertising offset softness in real estate advertising. High-tech employment was boosted by Jobapalooza, a special help-wanted section/job fair that occurred in that month; and

The Regional Newspaper Group, grew 2.8 percent, with much of the strength coming from employment advertising at its California newspapers.

Reveille
HireDiversity.com joins the CareerBuilder network.

CareerCast will power job and resume databases and aggregate jobs from employer websites for WetFeet, MYOC.com, and the Orange County Register.

JobCircle, a regional site that focuses on IT professionals, now offers a Referral Rewards program that allows its customers to set their own payout criteria.

zREP reports that Asia-Net K.K. and CareerCowboy.com will use its proprietary scoring and matching technology in their online recruiting.

The Salary.com will be available on the AOL WorkPlace Channel.

Familiar?
One columnist's experience with a resume "scraper."

Bureau of Labor Statistics: July
The Consumer Price Index for All Urban Consumers increased 0.2 percent in July, before seasonal adjustment, to a level of 172.6 For the 12-month period ended in July, the CPI-U increased 3.5 percent. The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) rose 0.1 percent in July, prior to seasonal adjustment. The July level of 169.3 was 3.7 percent higher than in July 1999.

Real average weekly earnings were little changed between June and July after seasonal adjustment. A 0.4-percent increase in average hourly earnings was offset by a 0.3-percent decline in average weekly hours and a 0.2 percent rise in the CPI-W.

******************************************************************************************
THE 2001 ELECTRONIC RECRUITING INDEX


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For additional information:
     - Review the Table of Contents
     - Download John Sumser's 24 Electronic Recruiting Trends 2001
            from the 2001 ERI.
     - Check for Special Offers

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     - Scheduled for release in January 2001.
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