Wall Street Journal (04/26/13) Eric Morath; Sarah Portlock
The U.S. economy grew at a faster pace in the first quarter, reflecting the biggest increase in consumer spending in two years as households overcame a drop in incomes by putting less money in the bank. Gross domestic product rose at a 2.5% annual rate, lower than forecast, after a 0.4% fourth-quarter advance, the U.S. Department of Commerce figures showed today. Economists surveyed by MarketWatch had forecast growth to rise to 3.2%. Government spending fell sharply again and imports surged to act as drags on economic growth.
New Webinar: CareerBuilder Staffing and Recruiting Talent Brief
As many as 75% of staffing and recruiting professionals say some of their currently existing talent acquisition and human capital management roles will be completely automated using technology over the next 10 years. Find out how this will impact your business.