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Today's
Electronic
Recruiting
News



Author: Donna Troisi

interbiznet presents the Bugler
August 30, 2004


Employment Branding IV
Read John Sumser's article in the Electronic Recruiting News.

From the Bureau
Real gross domestic product (GDP), increased at an annual rate of 2.8 percent in the second quarter of 2004, according to preliminary. In the first quarter, real GDP increased 4.5 percent. The major contributors to the increase in real GDP in the second quarter were personal consumption expenditures, equipment and software, residential fixed investment, private inventory investment, and government spending. Imports, which are a subtraction in the calculation of GDP, increased.

Extended Mass Layoffs: Second Quarter 2004. In the second quarter of 2004, 1,233 mass layoff actions were taken by employers that resulted in the separation of 233,852 workers from their jobs for at least 31 days, according to preliminary figures. The decline over the year was most notable in transportation equipment manufacturing, administrative and support services, air transportation, and general merchandise stores. Extended mass layoffs that involve the movement of work within the same company or to a different company, domestically or outside the U.S., occurred in more than 11 percent of the nonseasonal layoff events and accounted for about 12 percent of the worker separations. In the second quarter of 2004, the national unemployment rate was 5.5 percent, not seasonally adjusted.

New Combinations
Cleveland-based CareerBoard acquires JobBoards.com, headquartered in Columbus, Ohio. The move will enable CareerBoard to add Detroit, Louisville and Indianapolis to its portfolio, creating a midwest footprint. These additional markets will be added to the CareerBoard network in fall 2004. JobBoards.com CEO, Rob Phillips, and president, Nathan Heerdt, will remain as Principles.

Reveille
Hire.com, a global enterprise recruiting solutions firm, adds First Banks, Inc., GlobeOp Financial Services, Irish Life and Permanent plc, and Novare Recruitment to its international client roster.

Drop A Note
Send your company news, personnel changes, placements, and other tidbits of interest. News you'd like to see covered that we haven't? Let us know.

 






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