Jobplex Inc. Acquires East Wing Group Inc.
(12/02/14) Frank Esposito
Jobplex Inc. of Chicago has acquired the Barrington, IL-based search firm East Wing Group Inc. Jobplex is a unit of executive search firm DHR International. East Wing founder Russ Riendeau will serve as an executive vice president at Jobplex.
Online Labor Demand Rose 170,200 in November
Conference Board News Release
Online advertised vacancies rose 170,200 to 5.3 million in November, according to the Conference Board Help Wanted OnLine Data Series. The October supply and demand rate stands at 1.77 unemployed for each advertised vacancy, with a total of 3.9 million more unemployed workers than the number of advertised vacancies. The number of unemployed was 9.0 million in October.
“November labor demand shows renewed strength, helping to boost a slow-growth second half of the year,” says Gad Levanon, managing director, economic outlook and labor markets at the Conference Board. “Gains were widespread…with continued positive trend growth across much of the U.S.”
ADP: Private Sector Added 208K Jobs in November
Wall Street Journal
(12/03/14) Kathleen Madigan
The private sector added workers at a slower pace in November, according to Automatic Data Processing Inc. Private payrolls rose by 208,000 jobs. Economists surveyed by the Wall Street Journal
had forecast an increase of 223,000 jobs. The October gain was revised up to 233,000 from 230,000.
U.S. CEOs Gloomier on Spending, More Optimistic on Job Front
(12/02/14) Nick Carey
The latest quarterly survey from the Business Roundtable reveals pessimism among U.S. chief executive officers when it comes to spending and the economic outlook, with 36% of the 129 respondents planning to boost capital spending in the next six months, down from 39% in the third quarter. The Business Roundtable CEO Economic Outlook Index slipped from 86.4 in the third quarter to 85.1 in the fourth quarter, though it remains above the long-term average of 80.3.
However, chief executives are more bullish when it comes to hiring, with the percentage of those planning to take on more workers during the next six months rising from 34% in the third quarter to 40% in the current quarter.
Free ASA Webinar Today—Tour the New ASA Website
Don’t miss the ASA webinar “Guided Tour of the American Staffing Association’s New Website
.” It takes place today from 1 to 2 p.m. Eastern time. Hear from ASA staff about the new features and learn how you can access the information, data, and resources available to members on the association’s newly redesigned website.
- Get a dynamic, interactive view of key staffing and economic data on the ASA Data Dashboard.
- Search the Resource Library for issue papers, articles, and more.
- Find education for your specific job title or experience level in the ASA On-Demand webinar resource library.
All ASA webinars are free for ASA members, and most qualify for continuing education hours toward ASA certification renewal. To learn more and to register, visit americanstaffing.net