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This Week's ERN
Author:

interbiznet presents the Bugler
February 5, 2001


21st Century Recruitment Agency
There's a lot more room for fun and creativity in the Human Capital Industry - today's Electronic Recruiting News proposes that a minor shift in thinking is the key.

From the Bureaus
In December 2000, there were 2,677 mass layoff actions by employers. Each action involved at least 50 persons from a single establishment; the number of workers involved totaled 326,743. The total of layoff events for all of 2000, at 15,738, and the total number of initial claimants, at 1,835,592, were higher than in 1999 (14,909 and 1,572,399, respectively).

The Employment Situation indicates that unemployment increased in January, and payroll employment rose by 268,000. Construction employment increased by 145,000, after seasonal adjustment, as unusual weather patterns over the past 3 months contributed to extremely light layoffs in January. Manufacturing experienced another sizable employment decline over the month. Average hourly earnings were unchanged.

Personal income increased $36.6 billion, or 0.4 percent, and disposable personal income (DPI) increased $28.8 billion, or 0.4 percent, in December. Personal consumption expenditures (PCE) increased $19.4 billion, or 0.3 percent. In November, personal income increased $17.8 billion, or 0.2 percent, DPI increased $8.4 billion, or 0.1 percent, and PCE increased $21.9 billion, or 0.3 percent, based on revised estimates.

Cents Needed
Headhunter.net, MarketingSherpa.com, The Association for Interactive Media, and WebSurveyor Corporation have developed a survey specifically for marketing professionals, and are gathering data about current marketing salaries by geography, industry types, job function, gender, and seniority. Marketers are invited to anonymously participate in the free online survey through February 15.

Reveille
JobsintheMoney, a job board focused in finance-related work, will power the careers site for Auditnet.org, a website that dispenses information for professionals in the audit profession.

Recruitsoft completed a $25.5 million third round of private financing with a group of investors led by Bain Capital Ventures.

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