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interbiznet presents the Bugler
July 31, 2003


Agenda: Privacy Legislation
Read John Sumser's Electronic Recruiting News for insight and analysis.

From the Bureau
In June, 176 metropolitan areas recorded higher unemployment rates than a year earlier, 134 areas had lower rates, and 21 areas had rates that were unchanged. Fourteen metropolitan areas registered unemployment rates of at least 10.0 percent, seven of which were located in California and five in Texas. Ten areas posted jobless rates below 3.0 percent, with half of these located in the Midwest. The national unemployment rate in June was 6.5 percent, not seasonally adjusted.

Check Out the Competition
VisibleOffice Mail is a new service that is designed to solve the problem of resume email overload. It works with any email client and all major job sites to prioritize and summarize incoming resume email by using advanced resume analysis and user-defined criteria to score all incoming resumes. It then summarizes key skills and experience and delivers the result directly to the user's inbox.

Reveille
Under the terms of a strategic partnership agreement, advanced workforce analytics capabilities of the DoubleStar Workforce Information Factory will be integrated with the Unicru Workforce Selection and Optimization System.

Good News … Bad News
Senior-level international executives are not rigorously evaluating their companies' human resource (HR) functions, according to a new global research study commissioned by EDS. Conducted by Harris Interactive, the study shows that executives make decisions based on limited metrics and tend to form subjective impressions about their HR departments. Findings reveal that reveals that 90 percent of U.S., Canadian, and European companies surveyed evaluate their human resource functions primarily on three criteria: employee retention/turnover, corporate morale/employee satisfaction, and HR expense as a percent of operational expense. About 50 percent of senior-level executives believe there are critical dimensions of human resource department performance that are not currently being adequately measured. The good news is that there is overall satisfaction with the functioning of HR departments today, the bad news is that these opinions are based on subjective impressions rather than informed by sound performance metrics.

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