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Job Openings and Labor Turnover Hold Steady

U.S. Bureau of Labor Statistics (06/11/13)

The U.S. Bureau of Labor Statistics reports that the number of job openings at the end of April (3.8 million) barely budged from March (3.9 million) and that the hires rate of 3.3% and the separations rate of 3.2% also held steady. The quits rate of 1.7%, however, rose for the private sector but was little changed for government jobs. Also unchanged was the layoffs and discharges rate of 1.2%. During the year-over-year period ended in April, there were 52 million hires and 50.2 million separations, with a net employment gain of 1.8 million.

Tribune Papers’ Sale Clouded by Digital Assets

Wall Street Journal (06/12/13) William Launder

Tribune Co. is auctioning off its newspapers, which could affect Tribune’s interest in its digital assets, including ASA corporate partner CareerBuilder.com. Among other things, a sale of the papers could obviate valuable agreements under which the papers sell local ads on behalf of CareerBuilder.com. Tribune owns approximately 31% of CareerBuilder, which is one of the papers’ most valuable assets. “The digital assets are well positioned to grow while the print assets are struggling to figure out how long they can survive,” says Lance Vitanza, a managing director and partner at CRT Capital Group.

Save Your Spot at the Most Important Industry Event for Staffing Professionals

Staffing World, the ASA annual convention and expo, is the largest, most comprehensive industry event. Each year, thousands of staffing executives, professionals, leaders, and innovators convene for the high-caliber educational content and networking opportunities developed specifically for staffing professionals. You can’t afford to miss this year’s lineup of keynote speakers, section-specific content, and sessions specific to the Affordable Care Act.

Staffing World 2013 takes place Oct. 8–10 in Orlando, FL, and is sure to be one of the largest industry gatherings ever. Don’t delay, visit staffingworld.org and register today. ASA members receive a discounted registration rate.