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Jobless claims fall 8.4% in holiday week

July 9, 2009

The number of U.S. initial claims for unemployment benefits fell 8.4% to 565,000 in the week ended July 4 from the previous week's revised number of 617,000, the U.S. Department of Labor reported today. The four-week moving average of claims fell 1.6% to 606,000 from the previous week's revised...


CEO confidence gains in second quarter

July 8, 2009

The Conference Board's measure of CEO confidence rose to a reading of 55 in the second quarter from 30 in the first quarter -- readings of more than 50 reflect more positive responses than negative responses. Almost 55% of CEOs expect economic conditions to improve in the next six months. And 32%...


Survey: Executives still open to new jobs

July 8, 2009

Despite the recession, 75% of currently employed executives are likely or very likely to consider a new job opportunity, according to the 2009 BlueSteps executive mobility survey released today by the Association of Executive Search Consultants. "Poor company values" was cited as the most import...


CEO confidence gains in second quarter

July 8, 2009

The Conference Board's measure of CEO confidence rose to a reading of 55 in the second quarter from 30 in the first quarter-- readings of more than 50 reflect more positive responses than negative responses. Almost 55% of CEOs expect economic conditions to improve in the next six months. And 32%...


Administration backs federal E-Verify rule

July 8, 2009

The Obama Administration supports a rule requiring federal contractors to use the E-Verify system to check employees, Janet Napolitano, secretary of the Department of Homeland Security announced today. The government also announced plans to rescind a proposed Social Security "no-match" rule. The...


Poor-performing workers lose in recession

July 8, 2009

Sixty-three percent of companies are using the recession as an opportunity to replace poor-performing employees, according to a survey released Tuesday by Veritude, a Boston-based staffing firm. The survey questioned human resources and procurement professionals at companies with at least 2,000...


Administration backs federal E-Verify rule

July 8, 2009

The Obama Administration supports a rule requiring federal contractors to use the E-Verify system to check employees, Janet Napolitano, secretary of the Department of Homeland Security announced today. The government also announced plans to rescind a proposed Social Security "no-match" rule. The...


Poor-performing workers lose in recession

July 8, 2009

Sixty-three percent of companies are using the recession as an opportunity to replace poor-performing employees, according to a survey released Tuesday by Veritude, a Boston-based staffing firm. The survey questioned human resources and procurement professionals at companies with at least 2,000 e...


Survey: Executives still open to new jobs

July 8, 2009

Despite the recession, 75% of currently employed executives are likely or very likely to consider a new job opportunity, according to the 2009 BlueSteps executive mobility survey released today by the Association of Executive Search Consultants. "Poor company values" was cited as the most importa...


Yoh names new president

July 7, 2009

Yoh, a Philadelphia-based technology and professional staffing firm, named former Adecco executive Lori Schultz as its new president. Former Yoh president, Bill Yoh, will take on a new leadership role at parent company Day & Zimmerman. Schultz previously served as a senior VP for Ajilon Consultin...