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This Week's ERN


Author:

interbiznet presents the Bugler
May 9, 2001


Bump? Perhaps the Management of Human Capital helps explains the blip in the economy. Read more in the Electronic Recruiting News.

From the Bureau
Preliminary productivity data (as measured by output per hour of all persons) for the first quarter of 2001 are: -0.4 percent in the business sector and -0.1 percent in the nonfarm business sector.

Although productivity fell slightly in the business and nonfarm business sectors, both output and hours registered increases. In the business sector, output rose 1.8 percent and hours of all persons increased 2.2 percent. Output in nonfarm business rose 1.9 percent, and hours grew 2.0 percent.

In manufacturing, productivity changes in the first quarter are:
  • 0.3 percent in manufacturing,
  • -0.1 percent in durable goods manufacturing, and
  • 0.6 percent in nondurable goods manufacturing.

Productivity growth in manufacturing in the first quarter of 2001 reflected a decline of 5.7 percent in output and a drop of 6.0 percent in the hours of all persons.

Beyond The Bucks
In two different articles about retention, ERExchange looks identifying what motivates your top performers. HR.com fills in the blanks "Good people stay when ..."

But if you do have to let employees go, here are some ideas on how to do so, while keeping the door open for their return.

New Combinations
Monster.com has acquired privately held HiringTools.com, web-based human resources applications firm. Management Solutions, Inc., a Silicon Valley-based placement and outsourced e-recruiting firm will be integrated into the TMP Worldwide eResourcing division. TMP also announced it began trading on Nasdaq Europe.
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