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This Week's ERN


Author:

interbiznet presents the Bugler
December 3, 2001
2002 Electronic Recruiting Index
Read more in today's Electronic Recruiting News.

From the Bureau
In the week ending November 24, the advance figure for seasonally adjusted unemployment initial claims was 488,000, an increase of 54,000 from the previous week's revised figure of 434,000. The 4-week moving average was 454,000, a decrease of 2,000 from the previous week's revised average of 456,000.

Real gross domestic product, the output of goods and services produced by labor and property located in the United States, decreased at an annual rate of 1.1 percent in the third quarter of 2001, according to preliminary estimates. In the second quarter, real GDP increased 0.3 percent.

New Combinations
Mellon Financial Corp. reports it will buy Unifi, a unit of consulting firm PriceWaterhouseCoopers that provides human resources consulting and outsourcing services, for approximately $275 million in an all-cash deal. Unifi, which booked $351 million in revenue in its fiscal year ended June 2001, will be combined with Mellon's employee benefit solutions business.

Workthing, a U.K-based employment network from the Guardian Media Group, has acquired PeopleBank, a provider of hosted corporate recruitment sites.

Reveille
Net-Temps introduces a new Career Development Center. The center contains a library of resources, tools, and articles designed to help job seeker in their job search and offer career tips and advice.

The services of IACMP-certified career coaches are now accessible on HireTopTalent and are delivered by telephone and e-mail. Topics include work search and career transition, career management, self-employment, and career planning assessments.

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