Home ERN Bugler Archives Blogs
Sponsorship Recruiting Jobs
| The interbiznet Bugler | ||||||||||||||||||||||||||||||
Visit our Jobs In Human Resources Management Section. | ||||||||||||||||||||||||||||||
| March 9, 2009 | ||||||||||||||||||||||||||||||
 Quote of the Day "A successful person is one who can lay a firm foundation with the bricks that others throw at him or her." - David Brinkley Rebound in January Spherion Employee Confidence Index New York Employment Report: Employee Confidence Index Makes Significant Rebound in January After reaching its lowest point over the last 12 months, the New York Employee Confidence Index rebounded 9.6 points to 45.5 in January, according to the latest Spherion Employment Report. The monthly survey of New York workers, conducted by Harris Interactive on behalf of Spherion Corporation, shows that more workers are confident in their ability to find a new job. (Read more.)
From the BLS Employment Situation for February 2009. Nonfarm payroll employment continued to fall sharply in February (-651,000), and the unemployment rate rose from 7.6 to 8.1 percent. Payroll employment has declined by 2.6 million in the past 4 months. In February, job losses were large and widespread across nearly all major industry sectors. The number of unemployed persons increased by 851,000 to 12.5 million in February, and the unemployment rate rose to 8.1 percent. Among the unemployed, the number of job losers and persons who completed temporary jobs increased by 716,000 to 7.7 million in February. This measure has grown by 3.8 million in the last 12 months. The number of long-term unemployed (those jobless for 27 weeks or more) increased by 270,000 to 2.9 million in February. Over the past 12 months, the number of long-term unemployed was up by 1.6 million. Productivity and Costs (R) for Fourth Quarter 2008. The Bureau of Labor Statistics of the U.S. Department of Labor released revised fourth-quarter seasonally adjusted annual rates of productivity change (as measured by output per hour of all persons) and revised changes for calendar year 2008. Percent changes in business and nonfarm business productivity were for Fourth Quarter: Business and Nonfarm Business Sectors: -0.4. Annual Averages were 2.7 and 2.8, respectively. In the manufacturing sector, percent changes in productivity were for Fourth Quarter Manufacturing Sector -4.0, Durable Goods: -14.8 and Nondurable good 7.6. Annual Averages were 1.5, 1.6, and 1.0 respectively. In The News Bill Whitford and Hillard Heintze, announced the formation of S2Verify, a newly formed, privately-held employment screening company created to address chronic and growing deficiencies in the industry . TriNet, a California-based provider of human resources outsourcing services for small companies, agreed to acquire Gevity HR Inc., a similar HR outsourcing company based in Florida., in an all-cash transaction valued at approximately $98 million. eQuest, job posting and Internet recruitment management services firm, has expanded its posting capabilities with one of Australia's largest career portal, SEEK, to include on-demand video advertising. MediaJobsandMore.com is a recently launched, free job site to promote all jobs across all media. From Media Staffing Network, the first media-specific, full-service staffing company. ChinaDaily.com reports that a recent survey by the human resources consulting firm Mercer shows that 23% of companies surveyed in China said their senior executives' compensation in 2009 wouldn't increase as usual, showing the effects of the global financial slowdown. The survey involved 59 companies in China, 76% of which were listed companies and 39% of which were multinationals. Mercer conducted similar surveys in other Asian countries, including India, South Korea, Japan and Singapore. Monster InDepth Investerms.com reports on why is Monster Worldwide Set to Emerge Stronger. Monster Worldwide, Inc. has been seeing a slowdown in job postings as corporations slash payrolls in a desperate effort to control costs - even Monster is reducing its workforce by 700 associates! However, more consumers looking for jobs have increased the firm's long-term value while an international expansion has helped to offset some of the losses. Unemployment rates in the United States jumped to 8.1 percent last month as the economy shed some 651,000 jobs, according to the Bureau of Labor Statistics. Many Americans are hoping that Obama's spending package will help to reignite the job market and spur consumer spending - the cornerstone of the economy. However, this program could take some time to show results. In the meantime, Monster Worldwide has used the economic decline to expand its domestic user base as well as expand internationally. The firm's international revenues jumped 17.9 percent to help offset the 9.8 percent decrease in domestic revenues. Approximately 10.9 percent of the growth was due to favorable currency movements while the rest was due to growth in Europe and Asia. Any improvement in the domestic economy could pay huge dividends to Monster Worldwide investors. The poor economy has made Monster.com ubiquitous for job searching as an increasing number of consumers sign-up on its web site. Meanwhile, international growth has positioned the company as a worldwide leader in corporate job posting and consumer job searching. Scan the Electronic Recruiting News.  Permalink . -. Today's In depth News . -. Send To a Friend . -. Feedback
Newsletter Contact The Bugler publishes recruiting industry news, featuring a Calendar of Events each Friday. Please send your company news to Polly Tasker for inclusion in The Bugler. More indepth news stories can be found in the Electronic Recruiting News. Organizations to Support Kuwesa HIV Widows Project in Kenya (Kuwesa Jackets and details for ordering your jacket.) The Inspired Art Project Buy tickets for the March Event in San Francisco.
The interbiznet Bugler Sign-up to receive this newsletter in email each day. The Electronic Recruiting News Sign up and receive a daily article on recruiting industry news. ERN | Bugler | Blogs | Blog Roll | Advertise | Archives | About | Contact | Careers | Candidates | Listings | ToolKit | Companies | Exec Recruiters | |
||||||||||||||||||||||||||||||
Read the
Recruiting News
03/05/2009
03/04/2009
03/03/2009
03/02/2009
02/27/2009
02/26/2009
02/25/2009
02/24/2009
02/23/2009
02/20/2009
02/19/2009
02/18/2009
02/17/2009
02/16/2009
02/13/2009
02/12/2009
02/11/2009
02/10/2009
02/09/2009
02/06/2009
02/05/2009
02/04/2009
02/03/2009
02/02/2009
01/30/2009
01/29/2009
01/28/2009
01/27/2009
01/26/2009
01/23/2009
01/22/2009
01/21/2009
01/20/2009
01/19/2009
01/16/2009
01/15/2009
- Complete
Archives
ADVERTISING:
Our Rate Card
Request Information
Mill Valley, CA 94941
Phone: 415.377.2255
Fax: 415.380.8245