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Today's
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Recruiting
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interbiznet presents the Bugler |
| December 3, 2003 |
EBay
Read John Sumser's Electronic Recruiting News for insight and analysis.
From the Bureau
Personal income increased $35.1 billion (0.4%) and disposable personal income (DPI) increased $31.5 billion (0.4%) in October. Personal consumption expenditures (PCE) decreased $1.1 billion (less than 0.1%). In
September, personal income increased $28.6 billion (0.3%), DPI decreased $80.9 billion (1.0%), and PCE decreased $24.8 billion (0.3%), based on revised estimates.
Help-Wanted
The Conference Board Help-Wanted Advertising Index was 37 in October, unchanged from the previous month. The index was 40 a year ago. In the past 3 months, help-wanted advertising declined in seven of the nine U.S. regions. Steepest declines occurred in the Mountain (-10.4%), Middle Atlantic (-9.3%) and South Atlantic (-7.0%) regions.
Unemployment Insurance Weekly Claims Report
In the week ending November 22, the advance figure for seasonally adjusted initial claims was 351,000, a decrease of 11,000 from the previous week's revised figure of 362,000. The 4-week moving average was 358,750, a decrease of 10,000 from the previous week's revised average of 368,750.
We Hear You
Effective corporate communication appears to boost both profits and employee satisfaction, according to Connecting Organizational Communication to Financial Performance - 2003/2004 Communication ROI Study, from Watson Wyatt. The new study found that companies with the most effective communication experienced a 26-percent total return to shareholders from 1998 to 2002, compared to anegative15-percent return for companies that communicate least effectively.
Some Lost Jobs May Never Come Back
The Washington Post reports on how improved productivity allows manufacturers to permanently reduce payrolls.
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Smart employer branding drives decrease in CPH.
GE Medical Systems was able to reduce their cost per hire, save thousands in search firm fees, and increase their resume submissions by 300%.
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Find out at: http://www.hodes.com/03/interbiznet/gemedical
Bernard Hodes Group specializes in recruitment communications and staffing solutions. For more examples of how Hodes has helped companies large and small improve their ROI and lower their CPH, visit http://www.hodes.com/CaseStudies
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