From the Bureau Personal income
decreased $3.2 billion, or less than 0.1 percent, and disposable personal income (DPI) decreased $128.4 billion, or 1.7 percent, in October. Personal consumption expenditures (PCE) increased $203.6 billion, or 2.9 percent. In September, personal income decreased $2.0 billion, or less than 0.1 percent, DPI decreased $89.5 billion, or 1.2 percent, and PCE decreased $118.2 billion, or 1.7 percent, based on revised estimates.
Help-Wanted Advertising
A key barometer of the job market, The Conference Board Help-Wanted Advertising Index fell 6 points in October. It now stands at 46 (the lowest reading since 1982), down from 52 in September. In the past 3 months, help-wanted advertising fell in all nine U.S. regions. Steepest declines occurred in the Mountain (-31.0%), South Atlantic (-25.0%), Pacific (-24.9%), and East North Central (-20.4%) regions.
The 7 Cs
Noting that in face of the challenge of maintaining a stable work force, an article in the Journal of Career Planning & Employment suggests that companies revisit the practices that enhance job performance and retention.
Do Your Homework
Before tracking down a headhunter, do some homework to optimize the relationship, according to The Washington Post.
Reveille Workstream Inc., formerly E-Cruiter.com, releases E-Cruiter 4.4, which includes enhancements such as configurable workflow, custom fields, automated resume processing, EEO data management and a downloadable reporting database for custom reports.
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