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This Week's ERN


Volume or Precision
At look at focus on effectiveness and cycle reduction in today's Electronic Recruiting News.

Back From the Brink of Obscurity
An interesting read in The Washington Post about a report by the U.S. Commission on National Security/21st Century, co-chaired by former senator Warren B. Rudman (R-N.H.). A significant problem, the study found, is that talented people don't want to work for the government anymore. One reason is that the private sector pays vastly higher salaries. Another reason "is that there is no single overarching motivation to entice patriotic Americans to public service as there was during the Cold War," a situation that may have changed this week.

Check Out the Competition
LOMAJobNet.com is a new job board designed to provide insurance and financial services companies with job search options, a job posting system, and other recruitment resources. From LOMA and Synergy 2000.

MonsterLearning is a new online resource for managing learning as it relates to advancing careers. It debuts with MonsterLearning Search, the first of several products and services designed to help track, plan, manage, and assess career and professional growth. From Monster.com.

New Combinations
Jungle Interactive Media , a publishing company targeting young professionals, has announced the purchase of Feedback Exchange, a recruiting service targeting MBA students.

Reveille
United Kingdom-based recruiting software firm Mr. Ted, Ltd. has received €10 million in third round funding from lead investor Holland Venture together with BV Capital and existing investors. This new investment brings to €25 million the total funding received by MrTed since its inception late 1999.

Good News Updates
CareerEngine's Michael Susi emailed to say that the company servers are working, email is back up and running, and the XML feed will be operational in about a week. The status of both divisions, Network and ASP, is full-speed ahead.

Tony Lee of CareerJournal.com also emailed to say that there have been no casualties at Dow Jones & Co., which is amazing since its corporate headquarters is located across the street from WTC. The building appears to be a total loss, and operations have been moved to the Princeton, New Jersey, offices.

Assistance Updates
OperationIT has limited space but is offering it to companies needing to rebuild and offers free access to its staff, resources and anything else to help. Contact Garrett Schultz @ 212 338-9595 or by email gschultz@OperationIt.com.

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September 17, 2001
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