Bloomberg (08/15/14) Nina Glinski
Consumer confidence in August dropped to a nine-month low due to depressed wage perceptions, according to the Thomson Reuters/University of Michigan preliminary sentiment index, which fell to 79.2 from 81.8 the previous month. The index was lower than any economist surveyed by Bloomberg had expected. There is mounting concern that earnings are not growing as fast as prices and pockets of weakness remain in the labor market.
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.