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This Week's ERN


Author:

interbiznet presents the Bugler
September 5, 2001


Searching for a Job
Read more in today's Electronic Recruiting News.

Flat Index
The Conference Board's Help-Wanted Advertising Index , a barometer of America's job market, remained unchanged in July. The figure still stands at 58. In the past 3 months, help-wanted advertising declined in all nine U.S. regions. Steepest declines occurred in the West North Central (-21.2%), Middle Atlantic (-13%), West South Central (-12.4%), and East North Central (-10.8%) regions. Most of the Nation has experienced a loss in ad volume over the past 12 months, ranging from 20-35 percent.

HR and Tough Times
The Washington Post reports that a nationwide survey of businesses that employ fewer than 250 workers found that during the spring, 71 percent of firms that recently recruited new employees said it was hard or very hard to find qualified workers. The survey, conducted by the Gallup Organization for the National Federation of Independent Business, found that about 30 percent of the companies looking for workers still need to outbid other employers by offering higher wages or better benefits.

Workforce looks at the how the slowing economy, combined with the continued labor shortage, has made the job harder than ever.

A new study, The Towers Perrin Talent Report: New Realities in Today's Workforce, examines the attitudes of a diverse range of people across regions and industries, including those who have managerial roles and are involved in recruiting and retention. Both groups affirmed that the shifting dynamics at work in managing talent in today's business environment have created a new reality for employers.

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