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| December 22, 2008 | ||||||||||||||||||||||||||||
Cost-Cutting MeasuresThe number of companies implementing cost-cutting measures, including layoffs, hiring and salary freezes and smaller pay raises, has risen sharply in just two months, according to a new survey by Watson Wyatt, a leading global consulting firm. (more) BLS Stats Mass Layoffs for November 2008. In November, employers took 2,328 mass layoff actions, seasonally adjusted, as measured by new filings for unemployment insurance benefits during the month, according to the Bureau of Labor Statistics of the U.S. Department of Labor. Each action involved at least 50 persons from a single employer; the number of workers involved totaled 224,079 on a seasonally adjusted basis. The number of mass layoff events in November increased by 188 from the prior month, while the number of associated initial claims decreased by 8,389. Over the year, the number of mass layoff events increased by 999, and the number of associated initial claims increased by 84,408. In November, 874 mass layoff events reported in the manufacturing sector, seasonally adjusted, resulting in 98,408 initial claims. Over the month, mass layoff events in manufacturing increased by 239, and initial claims increased by 11,005, the fourth consecutive over-the-month increase for both. Regional and State Employment and Unemployment for November 2008. Regional and State unemployment rates were generally higher in November. Overall, 37 States and the District of Columbia recorded over-the-month unemployment rate increases, 5 States registered decreases, and 8 States had no change, reports the Bureau of Labor Statistics of the U.S. Department of Labor. Over the year, jobless rates were up in 49 States and the District of Columbia and unchanged in 1 State. The national unemployment rate rose from 6.5 to 6.7 percent in November and was up 2.0 percentage points from a year earlier.
News In Review Employment Background Investigations (EBI), specializing in background screening, drug testing and occupational healthcare solutions, has recently enhanced their I-9 screening solutions by unveiling a new, interactive 50 State E-Verify Legislation Guide and Map, providing employers with a solid I-9 resource that will help them navigate through the ever-changing immigration and employment legislative landscapes. Modern Survey introduces its comprehensive research-based Employee Engagement Model, a unique system for measuring and boosting engagement that highlights impact on the bottom-line. It combines state-of-the-art proprietary survey technology, a comprehensive research-proven engagement model, and a dynamic team of experienced consultants and client services experts designed to help organizations execute flawless employee engagement assessments that measure the most integral factors in determining how to boost employee engagement levels and leverage the results to achieve business objectives. Right at Home, a national in-home care and assistance agency selects Accurate Background, a nationwide background screening company, as a suggested vendor to provide all of its offices nationwide a comprehensive background screening program designed to protect the senior and disabled individuals they serve.
InterviewStream.com, provider of video interviewing solutions, enters an integrated brand-partnership with Symplicity, specializing in career services information management systems. This vendor integration is designed to assist career centers around the country to provide students with a more seamless virtual experience and best-in-class career resources.
The HR-XML Consortium has recertified applicant tracking system provider HR Services Inc. for conforming to the Consortium's open data exchange standards for
myStaffingPro, its applicant tracking system.
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