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A
journal of events, trends,
challenges and opportunities
in the employment marketplace.
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Summer 2008 Issue
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Unemployment Rates, and the Retention of Productive
Employees
by JD Harvill
CPC
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According
to a new employment trends measure from the Conference Board more months of
job losses lie ahead.
The unemployment
rate posted its largest jump in 22 years, rising to 5.5% from 5% in April.
But, the Conference Board economists said that the 5.5% rate may be
overstating unemployment in the current economy due to the influx of
teenagers into the work force who have not been able to find jobs.
Keith
Hembree, chief economist of First American Funds, expects more payroll
losses of about 50,000 to 60,000 jobs a month through the second half of
the year. And he thinks the unemployment rate is likely to reach 6% sometime
in early 2009... (more)
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ASK
THE EMPLOYMENT EXPERTS
Steve and Jon comment on the
economy... (more)
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The Cost of a
Vacant Position
by Jon
Harvill CPC
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Dr. John Sullivan, when heading the Human Resources
Management Program at San Francisco State University, used the example,
"If an airline bought a new 747, and then let it sit for two months on
the runway because they didn't have a pilot, what would the cost be to the
airline?"... (more)
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Professional Search
of Atlanta
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1949
Brownridge Drive
Atlanta, GA
30062-2673
770-952-0007
 Fax: 770-952-9422
recruiter@professionalsearchatlanta.com
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Dear Collegue
:
Unemployment is rising, fuel prices are at historic highs, and competition
for high quality candidates is on the rise.
Are you doing everything you can to to stay in touch with the high
productivity employees you already have? And can you win new employees
with your companies present recruiting methods?
In this issue we share our theories on the cost of a vacant position, and
Steve & Jon comment on the economy.
Continued
success,
Jon Harvill, CPC, President
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Founded
in 1952, Dunhill has had a consistent reputation for quality due to the
attention to detail our staff provides each client or
candidate.
Our staff of search profes- sionals has extensive
exper- ience in identifying and deli- vering quality technical person- nel
and executives.
Because we constantly work with companies
in your field, we can provide competitive com- pensation information.
Our mission is to help build quality
organizations, not just fill "open req's" -- by recruiting top
performers. We do this by making your goals our own.
Other
Articles of Interest:
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Building A Quality Organization
Factors Affecting Staffing...
Continency vs Retained
Balancing Recruiting and Retention
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