Nine federal agencies in the U.S. have collaborated on a new guide for hiring, managing, retaining, and promoting people with disabilities. keep reading
Taking a breather from the torrid pace of hiring in November and December, which added three-quarters of a million jobs to the economy, employers created 257,000 new jobs in January, exceeding economists predictions the number would be closer to 230,000.
The U.S. Labor Departments monthly Employment Situation report this morning also said unemployment rose slightly to 5.7 percent from 5.6 percent as more workers opted to join the labor force. In addition, average hourly wages increased by 12 cents, the largest gain in months. Wage growth has been stagnant, hovering around 2 percent annually since the end of the recession.
Its a great report. The labor force finally goes up, we got a little wage growth, a lot of upward revisions, said Ed Keon, managing director and portfolio manager for Prudential Financial. Were finally getting enough internal momentum that we can stay at that roughly 3 percent (gross domestic product) growth rate, maybe even a little higher as we go through the year. keep reading
Weve been hearing a lot about workplace flexibility because work/life balance is much more complicated in todays always-connected technology world. The idea of disconnecting from work after you head home to be with your family is not realistic anymore since business is 24/7 instead of 9-to-5. keep reading
LinkedIn reported another winning quarter this afternoon, bringing in $643 million in the last three months of 2014, with recruiting sales accounting for 57.4 percent of the total.
Both the revenue, and the companys adjusted earnings per share of 61 cents,handily beat Wall Streets expectations. Analysts were predicting LinkedIn would earn 53 cents on sales of $617 million.
The quarter capped a go-go year for LinkedIn, which saw its 2014 revenue grow to $2.22 billion, a 45 percent increase 2013s $1.53 billion. Its Talent Solutions sales totaled $1.33 billion for the year. By contrast, when Monster reports its numbers next year, expectations are that its total revenue will be about $776 million. keep reading
Were ready to start rolling out the winners of the talent-acquisition industrys most prestigious awards, the ERE Recruiting Excellence Awards.
These awards have a wonderful history, catapulting a number of companies over the years into a sort of talent-acquisition stardom, earning them a best practices in talent acquisition reputation lasting years: companies like Marriott, Sodexo, CACI, Enterprise, and others, from the U.S. to India to New Zealand and elsewhere.
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