Enter online.
Rupert Murdoch's
News Corporation is acquiring Intermix
Media and its MySpace.com social networking portal for about $580 million in cash. The two-year-old site integrates web logs, chat rooms, classified advertising and allows users to share music, photos and instant messages
The Washington Post Co. is expanding its highly profitable Kaplan Education division. The division's revenue rose 26
percent last quarter to more than $325 million, generating more revenue than the newspaper division of the Post (WPO).
AdStar (Nasdaq: ADST) today announced that it has received notice from NASDAQ that it has regained compliance with NASDAQ's minimum stock bid price requirements to remain listed on The NASDAQ Stock Market.
AdStar's ad transaction infrastructure powers classified ad sales for more than 40 of the largest newspapers in the United States.
Brainhunter issues status report regarding delayed release of second quarter results.
SilkRoad delivers meaningless press release about its OpenHire product.
PowWeb.com announces their no fee PowWebLance web service matching companies that need work done with providers around the globe who can "freelance" the project.
Survey Sez
The New Conference Board Help-Wanted OnLine Data Series(TM) shows that there were just over 2 million first-time, online job postings appearing on major Internet job boards in June. This figure is essentially unchanged from May and up from 1.8 million new job
ads posted online in April.
That means there were 1.39 new online jobs advertised for every 100 people in the labor force (which includes people now working and those seeking jobs). This measure scales the number of help-wanted online ads to adjust for the size of the labor force.
The Conference Board's new online data series provides a monthly count of unduplicated help-wanted job ads posted for the first time on over 1,200 major Internet job boards, including the largest boards as well as some smaller boards that serve niche markets
and smaller geographic areas.
The Conference Board Help-Wanted OnLine Data Series(TM)
Number of New Online Help Wanted Ads (in 1000s)**
New England |
152.2 |
|
West North Central |
119.7 |
Boston |
54.3 |
|
Kansas City |
13.9 |
Hartford |
11.6 |
|
Minneapolis-St Paul |
23.7 |
Providence |
10.7 |
|
Saint Louis |
14.1 |
Mountain |
196.4 |
|
East North Central |
242.4 |
Denver |
36.9 |
|
Chicago |
58.5 |
Las Vegas |
18.9 |
|
Cincinnati |
13.2 |
Phoenix |
36.2 |
|
Cleveland |
14.7 |
Salt Lake City |
15.1 |
|
Columbus |
10.0 |
Tucson |
7.8 |
|
Detroit |
16.8 |
Pacific |
458.0 |
|
Indianapolis |
11.6 |
Honolulu |
5.3 |
|
Milwaukee |
13.8 |
Los Angeles |
78.7 |
|
East South Central |
83.1 |
Portland |
19.9 |
|
Birmingham |
9.1 |
Riverside |
24.0 |
|
Louisville |
7.7 |
Sacramento |
26.7 |
|
Memphis |
9.8 |
San Diego |
37.1 |
|
Nashville |
9.1 |
San Francisco |
41.9 |
|
West South Central |
156.5 |
San Jose |
19.9 |
|
Austin |
15.0 |
Seattle Tacoma |
40.9 |
|
Dallas |
31.9 |
South Atlantic |
431.1 |
|
Houston |
30.1 |
Atlanta |
44.3 |
|
New Orleans |
4.6 |
Baltimore |
22.0 |
|
Oklahoma City |
5.7 |
Charlotte |
14.6 |
|
San Antonio |
6.3 |
Jacksonville |
9.8 |
|
Middle Atlantic |
291.0 |
Miami |
18.3 |
|
Buffalo |
7.5 |
Norfolk |
29.6 |
|
New York |
80.5 |
Orlando |
15.7 |
|
Philadelphia |
34.8 |
Richmond |
10.6 |
|
Pittsburgh |
12.9 |
Tampa |
30.4 |
|
Rochester |
4.5 |
DC |
61.0 |
|
|
|
Technical definitions and methodology available at http://www.conference-board.org
You Should Know
Australia: More than half the medical workforce is made up of baby boomers who are gearing up for retirement. Australians will struggle to get the medical care they require over the next decade. (ABC
Australia)
Canada:
Search for talent tougher than drilling for oil. (Globe and Mail)
China: Statistics from the Shenyang Employment Service Bureau show that almost 60 per cent of all youths aged between 20 and 30 registered for work in the first three months of the year. The young people out of work have replaced middle-aged laid-off workers to become the major unemployment group.
Many are now classified as part of the "Neet" group - not in education, employment or training. (China Daily)
Global:
-
UN outlines web governance rules. (VNUNet)
-
Forty-nine percent of nurses say they plan to leave their current jobs in the next two years, according to the latest survey from CareerBuilder.com. Thirty-two percent expect to change jobs in a year and 18 percent plan to do so in as early as the next six months.
India: Capitalising on the shortage of teachers in the US, especially in subjects like mathematics, Indian tutors are finding online education a good revenue spinner in this emerging segment in outsourcing. (Hindustan
Times)
United States:
-
The popularity of computer science at American undergraduate institutions has taken a major hit over the past few years, with enrollment levels dropping to lows not seen since the early 1970s. (Internet News)
-
U.S. labor force participation has not risen in the same way as in previous economic expansions, suggesting there could be much more slack in the economy than payrolls data suggest, according to a study by the Federal Reserve Bank of Boston (Reuters)
-
28% of Mexico's labor force is now in the U.S.--legally or illegally. (Forbes)
-
If you are choosing a candidate from the ever-growing pool of programmers who contribute to open source projects, you can get an inside look at a programmer's work on actual projects with actual team members by examining the open source projects he participates in. (OReilly)
-
Washington Post continues its innovation streak online. (EditorsweBlog)
-
"In the future, we think that we will see an increase in Internet-related advertising--primarily classified advertising--with employment ads being the biggest generator" - Elaine Lintecum, McClatchy's treasurer and investor relations officer. (MediaPost)
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