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Saturday, July 5, 2008
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Recruiter Week Industry News Headlines
On the last business day of July, there were 4.2 million job openings in the United States, and the job openings rate was 3.0 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported.
The Judge Group has appointed Edward J. Mamrak as president of its executive search business.
Staffing Industry Analysts lowered its annual forecast for staffing spending to 4.4% growth, down from last year's projection of 6.8% growth, due to the decelerating economy
The research also provides HR organizations with a new way to demonstrate the effect of their efforts on productivity, customer satisfaction, and employee commitment, and by extension, on sales, profits, and shareholder value.
Monster Worldwide, Inc., has determined that the contact information of approximately 1.3 million job seekers was containd on the rogue server that the Company shut down as part of its ongoing investigative efforts of the malicious software, Infostealer.Monstres.
The HR-XML certified logo indicates that the solution provider is a technology leader and is ready to integrate flexibly and opportunistically with customers and partners.


Employment Numbers

CPI:
History
+0.6% in May 2008

Unemployment Rate:
History5.5% in Jun 2008

Payroll Employment:
History-62,000(p) in Jun 2008

Average Hourly Earnings:
History+$0.06(p) in Jun 2008

PPI:
History+1.4%(p) in May 2008

ECI:
History+0.7% in 1st Qtr of 2008

Productivity:
History+2.6% in 1st Qtr of 2008

U.S. Import Price Index:
History+2.3% in May 2008

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Recruiter Magazine - Perspectives
Topgrading
by Brad Smart

Recently I met with the heads of human resources of Global 100 companies, and in a confidential survey they stated that their companies mis-hired people 80% of the time and mis-promoted people 75% of the time ...
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