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Economists See 2.4% GDP Growth in 2013

Wall Street Journal (02/07/13) Phil Izzo

The U.S. Department of Commerce says gross domestic product grew just 1.5% in 2012, which was less than the 2.4% growth rate predicted by economists surveyed by the Wall Street Journal at the beginning of last year. Economists are now forecasting a 2.4% growth rate for 2013, pointing to stronger economic fundamentals this time around, citing the housing market rebound and an increase in auto sales, among other things. However, there are concerns about the impact of government spending reductions on the GDP, with 0.6 percentage point shaved from the growth rate if the sequester goes into effect in March. Meanwhile, economists predict that the unemployment rate will slip to 7.4% by the end of the year.

Worker Productivity Declined in 4th Quarter Due to Temporary Factors

Associated Press (02/08/13) Martin Crutsinger

The U.S. Department of Labor reports that worker productivity fell 2% in the fourth quarter, following a 3.2% gain in the third quarter, but rose 1% for all of 2012, versus a 0.7% increase in 2011. Labor costs edged up 4.5% in the fourth quarter and 0.7% for the year. Economists expect weak productivity through this year, noting that as the economy picks up steam and demand rises, companies will have to boost hiring to keep up.

CareerBuilder Launches Big Data Analytics to Help Employers Assess How They Stack Up Against Talent Competitors

CareerBuilder News Release (02/07/13)

ASA corporate partner CareerBuilder’s new Recruitment Performance Portal is a free analytics tool for all clients that helps companies evaluate how the performance of their job ads compares with other companies vying for the same talent in the same locations. The portal, powered by data on more than 27 million applicant behaviors, tells companies how effective they are in attracting a large number of candidates and how the demographics of their applicants compare to competitors. Companies can easily identify where they’re especially effective, what areas need attention and where they need to adjust priorities and strategies. If the job ad is underperforming, the portal recommends ways to improve results.

16% Use Family Leave in 2012

Associated Press (02/07/13) Sam Hananel

A government report shows that last year 16% of eligible workers took time off under the Family and Medical Leave Act to recover from an illness or care for a child. Since the law went into effect in 1993, workers have taken leave over 100 million times. Fifty-seven percent went on leave for sickness, 22% for pregnancy or child care, and 19% to care for a sick family member. The U.S. Department of Labor recently expanded the law to include military families and airline workers.

Free ASAPro Webinars This Month

The remainder of February is brimming with free/> education from ASA. These upcoming ASAPro webinars can help you understand how the Affordable Care Act will affect your business, bounce back from a business interruption, and more.

Feb. 14—”Health Care Reform Update

A panel of staffing industry legal experts will show you how to prepare for the employer regulations of the Affordable Care Act. Find out about key provisions affecting staffing firms, issues relating to insurance coverage for temporary employees, and more—including an overview of the new ASA online calculator for estimating staffing firm costs under the “play or pay” provisions.

Feb. 19—”The Art of Behavioral-Based Interviewing

John A. Thomas, CTS, CSP, of Nextaff explains how knowing your candidates’ technical and interpersonal skills can make the difference between a hire and just another company interview.

Feb. 21—”How to Design and Implement a Successful Disaster Recovery Plan

A panel of staffing industry technology experts will teach you how to build a successful disaster recovery plan to protect your business interests. Get a disaster recovery plan template you can use to develop a plan tailored to your firm’s needs. Webinar developed with input from the ASA office–administrative section.

Feb. 28—”Minimize the Drama in Your Office

Business consultant Linda Sasser of Impacting Leaders describes how to minimize distractions in the workplace so that teams can work together and communicate effectively.

ASAPro webinars are free for ASA members and qualify for continuing education hours toward ASA certification renewal. To learn more and to register, visit americanstaffing.net.

Participate in the ASA Staffing Industry Compensation Survey

The American Staffing Association has partnered with WageWatch to deliver the most comprehensive staffing industry compensation and benefits survey available. The 2013 ASA Staffing Industry Compensation Survey collects and reports industry specific market data necessary to award merit increases, adjust pay scales, and build commission and incentive programs. The survey is supported by the WageWatch customer service and consulting team.

By setting up an online survey account, you can get access to relevant and specific data points from peer companies. The survey allows users to enter data throughout the year and run reports on staffing specific job titles. Subscribers pick the competitors, positions, and statistics to be shown on their custom Peermark report. Subscribers can apply data filters to location, head count, revenues, and sector. Reports can be printed or saved for additional analysis.

Visit americanstaffing.net for more information.

Last Day for Submissions—Present at a Section Forum at Staffing World® 2013

Can you offer solutions for the challenges staffing firms face? ASA is looking for staffing industry professionals to share their experience and expertise on sector-specific content at this year’s Section Forums at Staffing World, the ASA annual convention and expo, Oct. 8–10 in Orlando, FL.

The Section Forum format provides insights into different topics through success stories from the field, lessons learned, and best practices within the sector. There will be six forums, one to represent each ASA section: health care; industrial; office–administrative; professional; search and placement; technical, IT, and scientific.

Visit americanstaffing.net to download submission guidelines and timelines. E-mail submission materials to sections@americanstaffing.net. The deadline to volunteer and submit a proposal is today, Feb. 8.

To learn more about ASA sections, visit americanstaffing.net/sections. It’s free for ASA members to enroll in one or more sections.