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|October 7, 2009|
Quote of the Day
"Innovation distinguishes between a leader and a follower."
- Steve Jobs
FROM THE U.S. BUREAU OF
THE EMPLOYMENT SITUATION -- SEPTEMBER 2009
Nonfarm payroll employment continued to decline in September (-263,000), and
the unemployment rate (9.8 percent) continued to trend up, the U.S. Bureau of
Labor Statistics reported. The largest job losses were in construction,
manufacturing, retail trade, and government.
Household Survey Data
Since the start of the recession in December 2007, the number of unemployed
persons has increased by 7.6 million to 15.1 million, and the unemployment
rate has doubled to 9.8 percent. (See table A-1.)
IN THE NEWS
Reports surfaced in July that Yahoo! HotJobs is on the block. A merger & acquisition (M&A) source tells Silicon Valley Insider it still is. (read more)
ERE aquires Sourcecon (read more from David Manaster)
Hear more about the acquisition on the Talksourcing Radio during an interview of Scott Baxt
Thursday, October 8, 2009
Time: 12:00pm - 12:30pm
Cytiva Software, Inc., a leading provider of on-demand talent management solutions, announced its inclusion in an important talent acquisition system research report by talent management research firm Bersin & Associates. Entitled "Talent Acquisition Systems 2010: Facts, Practice Analysis, Trends and Provider Profiles," the report includes talent acquisition market information, implementation best practices, and system vendor profiles.
Softscape, an innovator powering complete people management solutions, announced that Bank of Georgia, Georgia's leading bank, has selected Softscape for its rollout of a new talent management system. This multi-million dollar, multi-year contract will enable Bank of Georgia to maximize its workforce potential by utilizing a fully automated HR system.
Advanced Personnel Systems, Inc. (APS), the maker of SmartSearch talent acquisition and staffing management software announced upgrades to its integration with Data Facts, a leader in the background screening industry. Data Facts recently added the ability to conduct personal reference checks to the long list of options previously available through the SmartSearch applicant tracking system. Now in addition to running criminal background checks, motor vehicle records, social security numbers, credit checks and employment references, there is an option to request personal references as well. (read more)
Bernard Hodes Group, a leading provider of integrated talent solutions, is excited to introduce theLens - an innovative application developed by the company's Digital Innovation Team.
"theLens is an application that enables clients to visualize online reputation audit data, illuminating valuable insights for creating, implementing and nurturing a social recruiting strategy, said Kane Cochran, director of digital innovation. "Now, clients can not only listen to, but actually see how their brand is interpreted through conversations online."
Despite the impending economic recovery, most U.S. companies are not planning to restore executive pay cuts or freezes made during the economic crisis in the next six months, according to a new survey by Watson Wyatt, a leading global consulting firm. As they prepare for continuing increased public scrutiny of executive pay, many are avoiding further short-term changes and focusing instead on longer-term shifts toward better pay-for-performance and assessing their compensation programs within the new context of risk management. The survey report is available at www.watsonwyatt.com/ExecPayOct09.
Phony academic degrees and the shady companies who peddle them online are the focus of a new article by EmployeeScreenIQ, a global leader in employment background screening services.
The article is titled "Smoke, Mirrors and Resumes: The Growing Threat of Diploma Mills." It's available at no charge from EmployeeScreenIQ by visiting http://www.employeescreen.com/whitepapers_articles.asp.
Check out what a job offer from Apple looks like and witness unboxing. (Unboxing, according to a nice explainer in the Register, is "a new form of geek porn" wherein "people film themselves unwrapping new products from the likes of Palm, Nokia and Nintendo.")
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