Wall Street Journal (07/24/12) Jon Hilsenrath
Continued sluggish economic growth and high unemployment have U.S. Federal Reserve officials anxious about what new steps should be taken to spur activity and hiring. Since the June policy meeting, members of the committee have testified and spoken about the increased need for action, but officials are still unsure of when and how to move. Officials will meet July 31-Aug. 1 and could make a decision to spur economic growth at that time or wait until their September meeting after accumulating additional information about the pace of growth and job gains.
Meanwhile, the U.S. Commerce Department is expected to report that the economy grew at a rate below 2% in the second quarter after just a 1.9% expansion in the first quarter. The unemployment rate has moved little since January and remained at 8.2% in June.
Say Goodbye to Mundane Tasks and Hello to Efficiency
Are you accustomed to using a plethora of resources to recruit the right candidates? Our research shows that the average firm spends around five hours logging in and out of systems to source candidates to fill one job. We’re excited to announce the next level in candidate sourcing: CareerBuilder Talent Discovery, a platform that has everything in one place. Stop by CareerBuilder’s booth next week at Staffing World to learn more—Booth 813 in the expo hall.