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Today's ERN

Author:

interbiznet presents the Bugler
December 02, 2002




Eliyon
Read John Sumser's article in the Electronic Recruiting News today.

From the Bureau
Personal income increased $7.7 billion (0.1 percent) and disposable personal income DPI) increased $14.2 billion (0.2 percent) in October. Personal consumption expenditures (PCE) increased $26.9 billion, or 0.4 percent. In September, personal income increased $37.5 billion, or 0.4 percent, DPI increased $37.3 billion, or 0.5 percent, and PCE decreased $31.4 billion, or 0.4 percent, based on revised estimates.

In October, 194 metropolitan areas recorded higher unemployment rates than a year earlier, 117 areas had lower rates, and 20 areas had rates that were unchanged. Among the nine metropolitan areas with rates of at least 10.0 percent, six were located in California's agricultural Central Valley and the remainders were along the Mexican border in other States. Thirty areas registered jobless rates below 3.0 percent, with 14 located in the Midwest and 10 in the South. The national unemployment rate in October was 5.3 percent, not seasonally adjusted, up from 5.0 percent a year earlier.

Check Out the Competition
Nixers.com is an Ireland-based website that specializes in jobs for 18–30 year olds, and in non-management and entry-level vacancies.

Reveille
CareerBoard.com, a network of online job sites that exclusively features local jobs for local talent, adds streaming video to their product offering for member companies.

NaviSource Consulting Corp. has developed a performance auditing methodology designed to quantify vendor performance and characterize the business results attained through contract staffing managed service relationships.

Time to Rally
Speaking at a CEO business forum Former General Electric chairman Jack Welch said that it is in difficult economic times that corporate leaders have to earn their salaries by reassuring employees. "Each one of you has to go back and rally your people," he said. A recent survey of CEOs found the majority of them did not think the economy would improve in 2003. From Dow Jones.

Inclusion
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