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Bernanke Voices Optimism on Pace of Economic Recovery

Wall Street Journal (01/03/14) Victoria McGrane; Pedro Nicolaci da Costa

On Jan. 3, U.S. Federal Reserve Chairman Ben Bernanke said U.S. economic recovery should gain ground in 2014, as several factors slowing the expansion have waned, including the housing bust and the European debt crisis. In his last major address before he steps down from the role of central bank chairman, Bernanke said the improving job market prompted the Fed to ease its bond-buying program.

However, he noted that government spending cuts and tax hikes have put a damper on the central bank’s efforts to bolster spending, investment, and hiring. “With fiscal and monetary policy working in opposite directions,” he remarked, “the recovery is weaker than it otherwise would be.”

U.S. Weighs Tech Fixes After Health-Site Woes

Wall Street Journal (01/03/14) Gautham Nagesh

The Obama administration could ease hiring rules for technology specialists and establish a new federal unit dealing with large tech projects. The glitches in the rollout brought to light the lack of concentrated talent in federal agencies to manage such projects, and steps to be announced by President Obama during this quarter aim to address that shortcoming.

Some of the options under consideration would reverse the innovation-fellows program so that government technology specialists rotate through private-sector companies or expand the direct hiring authority of federal agencies so they can hire on their own. However, there are concerns that the federal government is unable to attract younger workers with more current skills and that federal pay freezes and furloughs make it harder to persuade tech specialists to leave the higher pay and stock options offered by Wall Street and Silicon Valley.

See Charlie Cook at the 2014 ASA Staffing Law Conference

The ASA Staffing Law Conference is the only program dedicated to the legal issues affecting the staffing and recruiting business. The 2013 conference attracted a sold-out crowd, and the upcoming event, May 21–22 in Washington, DC, is likely to be even more popular. Political analyst and pundit Charlie Cook, editor and publisher of the Cook Political Report, will offer insights into political trends and what to expect in upcoming elections.

The conference will take place at the Omni Shoreham Hotel, which is currently accepting hotel room reservations.

Find What You Need for Your Business—Shop the ASA Marketplace

The ASA Marketplace has been getting rave reviews from staffing professionals looking to purchase products and services for their companies.

Unlike any online resource of its kind, the content-rich, user-friendly ASA Marketplace features one-click access to supplier company news releases, allows searches by industry sector, delivers geographical search capabilities for firms with multiple locations, and much more.

The ASA Marketplace is your No. 1 source for suppliers to the staffing industry. Suppliers interested in getting listed or advertising should contact Antoinette Dixon at 703-253-1142.