Dow Jones Business News (10/03/14) Cynthia Lin
The Institute for Supply Management’s nonmanufacturing purchasing managers index dropped to 58.6 in September from 59.6 the previous month, which was the highest reading since the revised survey was launched in January 2008. Economists surveyed by the Wall Street Journal had forecast a reading of 58.5. The business activity and production index fell to 62.9 from 65.0 in August, and the employment subindex increased to 58.5 from 57.1.
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.