December 6, 2006  

VOLUME 8 ISSUE 17

  
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RECRUITING NEWS

To read the newsletter online - visit www.recruitingnews.com.

Recruiting News is a free electronic newsletter published by Recruiters Network. Recruiters Network is the Association for Internet Recruiting. It is a free organization for HR Professionals and Recruiters.

In addition to our newsletter, we offer a free resource center to enhance recruiting success. Visit us at www.recruitersnetwork.com

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IN THIS ISSUE
Newsletter Sponsors
A Note from the Editor
Breaking News
Today's Recruiting News Headlines
Featured Recruiting Jobs
Recent Recruiting Blog Headlines
Weekly Article: Internet Recruiting and "People Search Engines"

Employment and Economy Stats
Special Trials and Discounts
Employment Studies and Trends
Upcoming Conferences
Site Of The Week:
Recruiters Alliance
Final Note - On The Lighter Side

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Newsletter Sponsors

1. ComputerJobs.com

Unlimited Resume Database Access for 48 hours. (limited time) For details click here.

2. RecruitingJobs.com

Look for a recruiting job or need to hire recruiters? Search and post at RecruitingJobs.com.

March Special - Buy One Job Posting Get One Free. (60 day ad is $225) Mention the promotion when registering.

Visit http://www.RecruitingJobs.com

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A Note From The Editor

The Conference Board Help-Wanted Advertising Index Increases One Point

The Conference Board Help-Wanted Advertising Index — a key measure of job offerings in major newspapers across America — increased one point in October. The Index currently stands at 30. It was 37 one year ago. The Conference Board is the global business research and membership organization.

In the last three months, help-wanted advertising declined in eight of the nine U.S. regions. Steepest declines occurred in the East North Central (-15.4%), South Atlantic (-13.6%) and Mountain (-13.2%) regions. The West South Central region improved substantially (19.2%).

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Useful Links

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Breaking News

Online job board CareerBuilder.com has released its R2 (Recommended Resumes) matching engine that automatically locates resumes that best match another resume, an uploaded document or a job posting -- providing faster access to more relevant candidates. After browsing the database and finding one resume that meets their qualifications, employers can click a link to identify the 100 resumes that most closely match their selected document. Hiring managers can also use the R2 feature to automatically find resumes that match their online job postings, or upload a document directly into the search engine to find related resumes.

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Today's Recruiting News Headlines

View more HR/employment news headlines at our Recruiting Newswire. Please send us your press releases. Click here for submission instructions.

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Featured Recruiting Jobs

This section highlights several recruiting related positions recently posted on Recruiting Jobs. To view all jobs or to register for a career agent click here.

Looking to hire recruiting professionals?  Post a 60 day job posting ad on RecruitingJobs.com for $250 and be featured in The Recruiting News.
Register to post >>

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Recent Recruiting Blog Headlines

LOTS and LOTS of SOURCING TIPS!
Is it too late for Cyber-Monday or Black Friday? Not sure, but either way I want to make available my sourcing training guides at a discounted...
12/6/2006 9:56:15 AM [Jim Stroud 2.0]

Is Your Employer a Scrooge?
My shuttle bus ride into work today provided a full range of holiday and year-end bonus stories. One rider said her employer will be giving employees...
12/5/2006 10:44:32 AM [The Monster Blog]

All Recruiting/HR Blog Headlines >>

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Weekly Article
Internet Recruiting and "People Search Engines"

As the saying goes, "Information wants to be free." Savvy job-seekers know this. Millions of people go online every day to research companies and compare potential employers. Company web sites, job boards and other recruiting sites, and blogs posted by disgruntled former employees and upset customers provide a treasure trove of information to help us make career decisions.

The web is also finding application for recruiting purposes. Increasingly, employers are using social and professional networking sites and "people-focused search engines" to identify and evaluate candidates early in the recruiting process.

While referrals still rank as the most valuable recruiting source, according to a recent Direct Employers/Booz Allen Hamilton study, social networking sites have edged out employment web sites as the number two recruiting source, based on the number of new hires recruited and employers' recruitment budget allocations.

One such tool is Zoominfo, which bills itself as "the premier summarization search engine." Zoominfo approaches information found on the web like pieces of a digital jigsaw puzzle. It aggregates and cleans data and manipulates the pieces until a clearer picture of each subject emerges. As of November, 2006, the site boasts profiles on more than 33 million individuals and 2.6 million companies.

Variations include Ziggs, which focuses only on professionals and Blue Chip Expert, an invitation-only site for top-caliber hires. Newcomer Spock will take the invitation-only approach to the masses. Spock aims to have 100 million profiles when it goes live in late 2006.

Internet recruiting isn't limited to third-party search tools, however. Some recruiters use candidates' own words to weed them out. According to the University of Illinois Urbana-Champaign, one in four employers uses social networking web sites such as Facebook.com or MySpace.com to screen out applicants based on the information they post there. A CareerBuilder.com survey found that about 63 percent of employers decided against hiring someone after seeing content the person had posted online. Remarkable!

As user adoption reaches the tipping point, expect these sites to become even more robust and include more tools and options that delve even deeper into personal and professional lives.

About Author

From "The Herman Trend Alert," by Roger Herman and Joyce Gioia, Strategic Business Futurists. (800) 227-3566 or http://www.hermangroup.com. The Herman Trend Alert is a trademark of The Herman Group, Inc."

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Employment and Economy Stats

Current Stats

Unemployment Rate:
4.4% in Oct 2006

Payroll Employment:
+92,000 in Oct 2006

Average Hourly Earnings:
+$0.06(p) in Oct 2006

CPI:
-0.5% in Oct 2006

ECI:
+0.9% in 2nd Qtr of 2006

Productivity:
+0.2% in 3rd Qtr of 2006

Source: BLS.gov
(p) = projected

Trends

Unemployment Rate
4.4% in Oct 2006
4.7% in Aug 2006
4.8% in Jul 2006
4.6% in May 2006
4.7% in Apr 2006
4.7% in Mar 2006

Employment Cost Index
+1.0% in 3rd Qtr of 2006
+0.9% in 2nd Qtr of 2006
+0.8% in 4th Qtr of 2005
+0.8% in 3rd Qtr of 2005

Change in Payroll Employment
+92,000(p) in Oct 2006
+128,000 in Aug 2006
+113,000 in Jul 2006
+138,000 in Apr 2006
+211,000 in Mar 2006

Source: BLS.gov

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Special Trials And Discounts

Below is a partial list of trials and discounts that companies have extended to our readers. Click here for full list. If your company is interested in offering a promotion/discount, please contact us.

1. Register Your .jobs Domain Name
You’ve heard of .com, .net, .info and .edu – now there’s a new space on the internet exclusively for human resource professionals! The new name for job seekers is .jobs. Register www.yourcompany.jobs >>

2. Talent Hook - Free Demo
A very powerful resume searching tool that searches resumes from paid and free resumes databases, newsgroups, universities and online communities. Also can flip search and Xray companies, ISP's, Organizations and more.

Free Demo >>

3. NicheBoards.com - Gateway to 3 Million Quality Targeted Candidates Recommended Leading Niche Boards - Get Focused, Go Niche.

Call Center : CallCenterJobs.com
Finance / Accounting :
jobsinthemoney.com
Health / Science :
Jobscience.com
Hispanic / Bilingual :
LatPro.com
Human Resources :
Jobs4HR.com
IT Professionals :
Computerwork.com
Logistics / Transportation :
JobsInLogistics.com
LocalCareers.com : LocalCareers.com
Retail Management / Hourly :
AllRetailJobs.com
Telecom / Wireless:
TelecomCareers.net
Insurance: GreatInsuranceJobs.com

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Employment Studies and Trends

Recent trends in employment from the BLS household and payroll surveys (PDF)

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Upcoming Seminars & Conferences

Feb 20, 2007: 19th Annual Multicultural Forum on Workplace Diversity

Feb 28, 2007: Strategic E-HR Conference

March 4, 2007: National HR in Hospitality Conference & Exposition

March 12, 2007: Staffing Industry Executive Forum

Complete calendar for upcoming conferences and seminars.

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Site of the Week

Recruiters Alliance

Perform splits with other recruiters for only $50. (no other fees) You also get indexed on RecruitersDirectory.com

For more information visit www.recruitersalliance.com

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Final Note - On The Lighter Side

CareerBuilder.com and ShopLocal Survey Reveals How Many Bosses and Workers Will Give Holiday Gifts at the Office, How Much They'll Spend and the Most Popular and Least Popular Gifts

Fifty-six percent of managers will be spreading holiday cheer around the office this year by giving presents to their employees, according to a recent survey by CareerBuilder.com and ShopLocalTM (www.ShopLocal.com). While one-third of bosses who will purchase gifts plan to spend $10 or less per staff member, one-in-five bosses expect to spend more than $25 and nearly one-in-ten expect to spend more than $50. Twenty-nine percent of workers will reciprocate the gesture, with those making less than $50K being the most likely to buy holiday gifts for their bosses. The survey, "Holidays at the Office," was completed in September 2006 and included 1,650 workers and 1,150 hiring managers nationwide.

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