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U.S. leading economic index rises in October

November 19, 2009

The Conference Board's U.S. leading economic index released today rose 0.3% in October following a 1.0% gain in September. It now stands at 103.8 (2004=100). "The data indicates that economic recovery is finally setting in," said Ken Goldstein, economist at The Conference Board. "We can expect s...


Survey: 60% of workers to seek new jobs

November 19, 2009

Employee turnover will rise next year, according to a new survey of U.S. workers released by Right Management, the outplacement and consulting division of Manpower Inc. (NYSE: MAN). Workers were asked: "Do you plan to pursue new jobs opportunities as the economy improves in 2010?" In response, 6...


U.S. leading economic index rises in October

November 19, 2009

The Conference Board's U.S. leading economic index released today rose 0.3% in October following a 1.0% gain in September. It now stands at 103.8 (2004=100). "The data indicates that economic recovery is finally setting in," said Ken Goldstein, economist at The Conference Board. "We can expect s...


Senate healthcare bill could bill employers

November 19, 2009

The Senate healthcare reform bill introduced Wednesday by Sen. Harry Reid, D-NV, would require employers not providing healthcare insurance to pay $750 annually for each worker who qualifies for a healthcare subsidy, Reuters reported. The $750 would be required from companies with more than 50 e...


Staffing firms could owe interview back pay

November 19, 2009

According to the new "Legs & Reg Advisor," staffing firms could be on the hook for up to three years' worth of wages for unpaid interview time because of a California federal court's ruling that temporary workers must be paid for time spent going on client interviews. More information is availab...


Senate healthcare bill could bill employers

November 19, 2009

The Senate healthcare reform bill introduced Wednesday by Sen. Harry Reid, D-NV, would require employers not providing healthcare insurance to pay $750 annually for each worker who qualifies for a healthcare subsidy, Reuters reported. The $750 would be required from companies with more than 50 e...


Report: IRS to audit 5,000 employers

November 19, 2009

According to the new "Legs & Reg Advisor," the IRS was set to begin an audit of 5,000 employers this month to look at misclassification of workers as independent contractors and other issues. More information is available on this in the latest issue of the "Legs & Reg Advisor," a new monthly rep...


Jobless claims unchanged from prior week

November 19, 2009

The number of U.S. initial claims for unemployment insurance for the week ended Nov. 14 was unchanged from the previous week's revised figure of 505,000, the U.S. Department of Labor reported today. The four-week moving average of claims for the week ended Nov. 14 fell by 6,500, or 1.3%, to 514,...


Jobless claims unchanged from prior week

November 19, 2009

The number of U.S. initial claims for unemployment insurance for the week ended Nov. 14 was unchanged from the previous week's revised figure of 505,000, the U.S. Department of Labor reported today. The four-week moving average of claims for the week ended Nov. 14 fell by 6,500, or 1.3%, to 514,...


Genetic anti-discrimination law taking effect

November 18, 2009

The Genetic Information Nondiscrimination Act, known as GINA, takes effect Saturday, and prohibits companies from making employment decisions based on genetic information. "Genetic information includes not only information about an individual's genetic test and the genetic tests of an individual...