Next Generation
Read the Electronic Recruiting News by John Sumser for industry
insight and analysis.
New Combinations
Kforce, a Tampa-based professional staffing firm for technology,
finance, and life science companies, will acquire VistaRMS, a privately held Virginia-based provider of IT services. Financial terms of the deal were not disclosed. The acquisition is expected to close in the first quarter of 2005.
Hudson Index
The Hudson Index fell 3.6 points to 104.9 in November, its second lowest reading in 2004. The drop can be attributed to the sharp decline in hiring expectations among U.S. workers, which fell to the lowest level of the year and a significant increase in the number of workers worried about losing their jobs.
The number of workers and managers, who anticipate their firms to hire dropped 3 points in November, to 31 percent and 32 percent respectively. There was also a 2-point drop in the percentage of private sector workers expecting their firms to add staff, coming down to 37 percent from 39 percent last month. Additionally, the percentage of U.S. workers worried about losing their own job increased from 16 percent in October to 18 percent in November.
Reveille
StateJobs.com, designed to offer a comprehensive guide to Federal, State, county, and city government jobs, now offers free job postings for government agencies, where they can manage their job postings online and in real-time.
ExecutivesOntheWeb reports an expanding online executive recruitment market and a significant increase in executives using its services over the last 12 months.
From the Trenches
His background was a veritable who's who of prestigious employers. Everyone was dumbfounded when the new hire failed after little more than a week. That is, everyone but the recruiter. Thanks to ComputerWorld.
Simplifying the Employee Management Lifecycle
Simplifying the Employee Management Lifecycle is a Free Webcast from Workstream
featuring Analyst Mark Smith of Ventana Research. Register for tomorrows event.
(December 8, 2004 at 1 pm EST.)
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