1.6 Million U.S. Jobs Gained in 2011; Ultimatejobboard.com Leading the Way, While Social Media Accounts for Only 1% of Placements

NEW YORK, Feb. 2, 2012 /PRNewswire/ — The U.S. Labor Department reports 1.6 million jobs gained in 2011, 200,000 of them just last month. And the unemployment rate continues to plummet, currently at 8.5 percent, a level last seen in February 2009.
While the recent adoption of all things social media is widely apparent across many business sectors, including the corporate recruitment space, surprisingly, only 1 percent of employers sited social media as the source of new hires; while an overwhelming 19 percent are placed from an online job board, matched only by internal transfers; even referrals came in lower at 16 percent according to HR consultants Bersin & Associates.

Workers Are in a Bad Mood, Says Survey

PHILADELPHIA, January 31, 2012 – Most employees say their job is unrewarding and saps their energy, according to a new survey by Right Management, the talent and career management experts within ManpowerGroup. Only one-in-five consider their job rewarding and gratifying…and the rest say they just want to enjoy their lives and that is why they work.

The survey was conducted in December and January and 438 North American workers responded to the question:

Which of the following best describes your present work situation?

Why Substantive Job Growth Remains Elusive

GREAT BARRINGTON, MA – The U.S. economy is now producing about the same amount of goods and services as in 2007, the year before the recession hit. Unfortunately, it is doing so with 6.3 million fewer workers.

The American Institute for Economic Research (AIER), a nonprofit economic research organization, recently compared production and employment across various industries in 2007 and 2010 (the latest data available). Their findings are charted and explained below.

AIER FINDINGS:

While production totals are similar in 2010 as in 2007, the mix of goods and services is different. Underlying the country’s current economic expansion is a radically reallocated market.

The industries that are growing are not the ones that lost the most jobs during the recession.

Dwindling employment in nearly every industry signals that the economy has become more efficient in using labor. Nearly all industries need fewer workers to produce the same amount of goods and services.

SkillSniper.com Launches Next Generation Job Posting Technology for Employers: $50 Job Postings Until 2/29/12

Olathe, KS (PRWEB) January 23, 2012 — The new job posting technology does something that traditional job postings can’t do. It extends past the resume level and focuses on the actual job skill and experience level. Employers set their minimum job skill requirements, including years of experience, and all candidates are ranked from most qualified to least qualified. This takes the guesswork out of the results and allows employers to immediately zero in on the top qualified candidates.

Popular Job Board Network Seeks New Ownership

TRUMBULL CT – 1/16/2012 – AllCountyJobs.com LLC, a regional job board network covering the Northeast from DC to Boston is for sale according to its CEO & Founder, Chris Russell.

The network includes 18 local job boards an 8 site green job network. The business also includes dozens of other job related domains and working blogs such as SecretsoftheJob Hunt.com.

Arbita Platform to Migrate to Broadbean Technology

Newport Beach 16 January 2012 – Broadbean Technology, the universal provider of recruiter-specific candidate sourcing technology, announces that Arbita OnePost’s clients will have the opportunity to migrate to the Broadbean job posting platform. Arbita is closing the OnePost platform and will help its clients move to the Broadbean posting system.

“Prior to reaching this decision, I reviewed the market and selected Broadbean to take over the seamless integration and smooth running and of Arbita’s clients. Broadbean has been in the job posting distribution market for over ten years and is known for its high quality customer service and innovative technology. On that basis, Arbita clients will be in safe hands,” stated Don Ramer, Arbita CEO and Founder.

StartWire Survey Reveals Companies Risk Reputation by Not Responding to Job Applicants

Lebanon, NH (January 10, 2012) – A new job seeker survey from StartWire™, a game-changing Internet job search organizer, has found that leaving job candidates in the dark about their application could potentially damage a company’s reputation.

The survey, with more than 2000 respondents, found that 77 percent of job seekers think less of a company that doesn’t respond to a job application. Going further, 72 percent of respondents said they would be less likely to recommend companies’ products or services, and 58 percent would think twice about buying a product from a company that did not respond to their job application.

We Can’t Wait: The White House Announces Federal and Private Sector Commitments to Provide Employment Opportunities for Nearly 180,000 Youth

Today, the White House announced Summer Jobs+, a new call to action for businesses, non-profits, and government to work together to provide pathways to employment for low-income and disconnected youth in the summer of 2012. The President proposed $1.5 billion for high-impact summer jobs and year-round employment for low-income youth ages 16-24 in the American Jobs Act as part of the Pathways Back to Work fund. When Congress failed to act, the Federal government and private sector came together to commit to creating nearly 180,000 employment opportunities for low-income youth in the summer of 2012, with a goal of reaching 250,000 employment opportunities by the start of summer, at least 100,000 of which will be placements in paid jobs and internships. Today’s announcement is the latest in a series of executive actions the Obama Administration is taking to strengthen the economy and move the country forward because we can’t wait for Congress to act.

Job Cuts Decline in Final Month of 2011

CHICAGO, January 5, 2012 – Planned job cuts announced by U.S. employers declined in December to 41,785, the lowest monthly total since June, according to the latest report on downsizing activity from global outplacement firm Challenger, Gray & Christmas, Inc.

The December total was down 1.6 percent from 42,474 job cuts in November. Last month was up 31 percent from December 2010, when employers announced just 32,004 job cuts, which still stands as the lowest monthly total since 17,241 job cuts were recorded in June 2000.

Jobs on Rise for Small Businesses but Recovery Still Lagging

According to research from Intuit, small businesses created 55,000 new jobs in December and the November rate was revised upward to 70,000. This marks a growth of .3% in December and an annual growth rate of 3.3%. Yet, the hours worked also picked up, resulting in a December growth of .4% (2.5% for the year). In light of this, compensation per employee is up 3.4% for the year – a slight gain of after the noted 3.3% (+-) for inflation. However, on a brighter note, the fraction of hourly people working full time is now 31%, up from 29.7% in 2010.