Reveille & Hyperbole
The Employment Situation: April 2008. Nonfarm payroll employment was little changed in April (-20,000), following job losses that totaled 240,000 in the first 3 months of the year, the Bureau
of Labor Statistics of the U.S. Department of Labor reported. The unemployment rate, at 5.0 percent, also was little changed in April. Employment continued to decline in construction, manufacturing, and retail trade, while jobs were added in health care and in professional and technical services.
The Monster Employment Index added seven points in April, as online job availability in
the U.S. continued to rise moderately for the third consecutive month. Despite the
gradual upward trend during the past three months, the Index remains down six percent
year-over-year, but its growth rate was slightly improved from the year-over-year
reading in March. Similar to March, a majority of industry and occupational categories tracked showed greater online job demand in April, with 17 of 20 industries and 21 of 23 occupations registering gains.
Recently launched TeleCommuteReview.com offers people the ability to rate and review companies, which employ telecommuter and socialize with other people, who work from home using a social networking feature that is similar to the popular Facebook Website. Additionally, employers can post free job advertisements.
Looking for Work on Facebook. As anyone who has ever received a virtual Jagerbomb or fought off intergalactic cyber chickens knows, social-networking sites are designed to be entertaining. If there wasn't so much fun to be had, there wouldn't be so many articles warning that what you post on your profile - i.e., photos of you in a beer helmet and a tequila bandolier - could one day cost you a job. From The New York Times.
Talent management solutions firm Taleo Corporation announced that its first quarter 2008 financial results will be released before the market open on Tuesday May 6, 2008. A conference call with Michael Gregoire, President and Chief Executive Officer, and Katy Murray, Chief Financial Officer, will be held at 5:30 a.m. PDT (8:30 a.m. EDT) on Tuesday May 6, 2008 to discuss these results.
The law firm of Dyer & Berens LLP announced that it has initiated an investigation on behalf of purchasers of HireRight, Inc. common stock between August 8 and September 17, 2007 concerning whether the company misrepresented and/or omitted certain material facts in connection with its Initial Public Offering.
WNBC-NY reports that another former executive of Monster.com was charged Wednesday with securities fraud in connection with that company's past backdating of stock options scandal. James Treacy, the former Chief Operating Officer, was charged with backdating millions of employees' stock option grants, according to U.S. Attorney Michael Garcia.
Want To Retain Your Top Talent? Try Using Retention Interviews. Unlike an exit interview, which occurs when an employee already has decided to leave a company, the retention interview is part of an ongoing dialogue between an employee and a manager.
HR letting us down in global competitiveness stakes. A study by consultancy PricewaterhouseCoopers has argued that there is little evidence of HR having increased its presence or profile within the boardroom, despite years of arguing this is where its future lies.