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This Week's ERN


Author:

interbiznet presents the Bugler
July 3, 2001


Targeting Your Audience
Targeting your audience. Read more in the Electronic Recruiting News.

From the Bureaus
In May, 206 metropolitan areas areas recorded unemployment rates below the U.S. average (4.1 percent, not seasonally adjusted), while 118 areas registered higher rates. Among the 16 metropolitan areas with rates below 2.0 percent, 9 were in the Midwest and 4 were in New England. Five of the seven areas with jobless rates over 10.0 percent were in California's Central Valley, and the two remaining areas were along the Mexican border in other States.

Personal income increased $18.2 billion, or 0.2 percent, and disposable personal income increased $14.6 billion, or 0.2 percent, in May. Personal consumption expenditures (PCE) increased $32.1 billion, or 0.5 percent. In April, personal income increased $17.4 billion, or 0.2 percent, DPI increased $18.3 billion, or 0.3 percent, and PCE increased $35.6 billion, or 0.5 percent, based on revised estimates.

New Combinations
TMP Worldwide, parent company of Monster.com acquires HotJobs.com for $460 million in stock.

Reveille
Hewitt Associates, a global management consulting and outsourcing firm specializing in human resource solutions, will use the PeopleSoft 8 applications to provide its clients with human resource outsourcing services.

Opus360.com lost its fight and will be delisted from Nasdaq.

Personic, provider of human capital management and recruiting solutions, secures $13 million in equity financing.

WhoToChoose members can now post jobs to Net-Temps, as well as access the website evaluations.

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