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The Employment Situation: February 2008. Nonfarm payroll employment edged down in February (-63,000), and the unemployment rate was essentially unchanged at 4.8 percent. Employment fell in manufacturing, construction, and retail trade. Job growth continued in health care and in food services. Average hourly earnings rose by 5 cents, or 0.3 percent, over the month.
What will it take to retain your workforce? More than you think, according to the latest Salary.com. Fifty percent of employers surveyed think a salary increase between 8% and 15% is enough. But 55% of workers say more than that is needed-38% said they would need an offer of 16% to 30% more pay, while 17% said they would need 31% at a minimum.
The Monster Employment Index rose five points in February, reflecting a moderate increase in overall U.S. online job availability following a three-month downward trend. During February, a majority of industry and occupational categories tracked showed greater online job demand compared to the previous month, with 18 of 20 industries and 17 of 23 occupations registering gains.
Immigration Policies Force U.S. and Canada Employers to Boost Recruiting Efforts Survey of human resource professionals cites challenges and solutions Roughly two-thirds of human resource professionals in the U.S. (66 percent) and Canada (65 percent) say tougher national immigration policies have caused their companies to increase efforts to recruit and retain local talent. A report by the Company nameSociety for Human Resource Management (SHRM) and the Canadian Council of Human Resources Associations (CCHRA), "2008 Global Talent Sourcing in the U.S. and Canada," also examines how and why foreign workers are recruited. Of the HR professionals polled, 25 percent in the U.S. and 35 percent in Canada said the primary reason they recruit foreign nationals is an inability to successfully attract local workers with the necessary skills. That difficulty in hiring qualified local people is particularly acute in fields requiring highly scientific or technical skills, such as in health care.
Jursit Legal News and Research, the number of discrimination
charges against private employers filed with the US Equal
Employment Opportunity Commission (EEOC) increased by 9% in 2007,
the biggest annual increase since the early 1990s. Of the 82,792
complaints filed with the EEOC in 2007, 37% covered allegations of
racial discrimination and 30.1% were based on alleged sex
discrimination. Retaliation charges accounted for 32.2% of all
filings, surpassing even sex-based charges. In 2007, the EEOC
resolved 72,442 private sector discrimination complaints and
recovered approximately $345 million in compensation for those who
had filed discrimination charges.
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