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This Week's ERN
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interbiznet presents the Bugler |
| November 7, 2001 |
White Tornado
Read more in today's Electronic Recruiting News.
From the Bureau
Employment fell sharply in October, and the unemployment rate jumped to 5.4 percent. Nonfarm payroll employment dropped by 415,000 over the month, by far the largest of three consecutive monthly declines. The job losses in October were spread across most industry groups, with especially large declines in manufacturing and services.
Personal income increased $0.8 billion, or less than 0.1 percent, and disposable personal income decreased $86.7 billion, or 1.1 percent, in September. Personal consumption expenditures decreased $130.2 billion, or 1.8 percent.
Check Out the Competition
MyJobHistory.com is a just-launched site that allows job seekers to develop and maintain verified records of employment, education, and certification online. MyJobHistory.com is founded by attorney Les Rosen, owner/operator of Employment Screening Resources , a consumer reporting agency and HR consulting firm providing preemployment screening reports. Anyone else see the smart thinking here?
Reveille
eEmpACT Software releases eEmpACT 9.0, designed to provide seamless e-recruitment, staffing, payroll, and invoicing capabilities in one platform. Unique features include RapidRecall and SpeedLinks.
Global Compensation
The September/October issue of the Cornell University Center for Advanced Human Resource Studies explores how multinationals balance global and local pressures in creating international compensation and rewards systems.
Couldn't Pass This Up
SiliconValley.com reports on laid-off employees of San Jose firm Valiant Networks, who not only got a pink slip, but also got a bill when the company asked for part of their hiring bonuses back.
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Visit us at www.recruitmax.com
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