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This Week's ERN
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interbiznet presents the Bugler |
| January 29, 2001 |
Jobhead
Which ads do you remember from the Superbowl? Are you talking about them in the office today? See what Sumser has to say in the Electronic Recruiting News.
Employment Cost Index
The Employment Cost Index (not seasonally adjusted) for December 2000 was 150.6, an increase of 4.1 percent from December 1999, according to the Bureau of Labor Statistics. The index measures changes in compensation costs, which include wages, salaries, and employer costs for employee benefits.
Unemployment Insurance Weekly Claims Report
The U.S. Department of Labor reports that in the week ending January 20, the advance figure for seasonally adjusted initial claims was 316,000, an increase of 12,000 from the previous week's revised figure. The 4-week moving average was 336,000, a decrease of 13,750 from the previous week's revised average of 349,750.
Quality of Life ... Workplace Reality
A new survey shows that 91 percent of the polled workers felt quality of life was important in their decision to take their current job. Of those surveyed, 53 percent feel the economy is headed for a recession, and 1 in 5 believes he/she could lose their jobs. Still, only 12 percent of respondents feel less secure in their jobs compared to a year ago. And if they lost their jobs, a full 48 percent say they would hold out for a comparable job.
A Towers Perrin study finds high-performing companies thrive by redefining operating models and focusing on value proposition, people, and rewards. These companies define which employees create value, build winning strategies to get those people, help employees understand how their actions and decisions affect results, and reward them for superior performance.
Working on the Margins, a report released by the Center of Policy Initiatives, finds that the number of temporary workers in California doubled in the 1990s. The center reports that most temporary workers are paid less than their counterparts and work without medical or pension benefits, leaving them with job and income instability. SiliconValley.com reports on this renewed debate.
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