|September 8, 2011|
From the BLS
Job Openings and Labor Turnover – July 2011
There were 3.2 million job openings on the last business day of July,
the U.S. Bureau of Labor Statistics reported. The hires rate
(3.0 percent) and separations rate (3.0 percent) were essentially
unchanged over the month. This release includes estimates of the
number and rate of job openings, hires, and separations for the
nonfarm sector by industry and by geographic region.
The number of job openings in July was 3.2 million, little changed
from June. (See table 1.) Although the number of job openings remained
below the 4.4 million openings when the recession began in December
2007, the level in July was 1.1 million openings higher than in July
2009 (the most recent trough). The number of job openings increased
over the month for manufacturing and for arts, entertainment, and
recreation. (read full report)
In The News
QAD Inc., a leading provider of enterprise business software and services for global manufacturing companies, has signed a complementary solutions partnership agreement with Unicorn HRO, a leading human resources (HR) and payroll software and services provider.
Point of View
A Delicate Dialogue
Planning for a CEO succession requires HR leaders to tackle a sensitive and potentially thorny subject with their chief executives. In light of this, HR needs to tread carefully and be aware of the undercurrents of such conversations.
Steve Jobs' recent resignation as CEO of Apple made national news last month, although his three medical leaves signaled that this day might come. With his announcement, Jobs also recommended "that we execute our succession plan and name Tim Cook as CEO of Apple."
Read the complete article from Susan R. Meisinger on Human Resource Executive Online.
Workplace drug testing data show methamphetamine continues to be a significant problem in the Western states.
In data from a report issued by Quest Diagnostics Inc. of U.S. workplace drug-screening tests in 2010, Hawaii ranked first in the highest rates of positive screens for methamphetamine--410% greater than the national average. In the first state-by-state analysis of more than 4.5 million urine specimens collected from the general U.S. workforce from January-December 2010, nine U.S. states showed dramatically higher positive prevalence rates for methamphetamine than the national average. (read more)
Building Trust in Business Survey Results from Interaction Associates Send Strong Warning to Business Leaders Challenged to Rebuild Employee Trust
2011 Survey Shows Trust in Leadership Still Lags, Though Employee Morale and Company Financial Performance Get Higher Marks
The results of Interaction Associates’ 2011 Building Trust in Business survey are out with a big warning for business leaders navigating a still-difficult economy: Employee trust in leaders is lagging and has not rebounded in the year since the 2010 survey.
"Even as employees express trust in peers by saying they share and collaborate more easily with colleagues – they remain wary and distrustful of their leaders. Employees want more transparency into decisions and more involvement in the decisions that affect them”
Building Trust in Business measures key indicators for the interplay between trust, leadership, and collaboration — pointing to how high-performing companies achieve key business results by emphasizing all three. The 2011 survey of more than 150 business leaders is the third year that Interaction Associates has explored what has been referred to as "the formula for success” at high performing companies – even in today’s tough economic context.
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