Employees in Arizona are starting out the new year with a little more money in their pockets. As of January 1, employers across the state are required to pay workers a minimum wage of $7.65, an increase of 30 cents from last year. The increase in pay stems from a 3.8 percent increase in the Consumer Price Index, which shows… Read More
GDP Growth Slower than Expected
The U.S. economy continued to grow during Q3 2011, but not as fast as many people were predicting, according to the most recent Gross Domestic Product report from the Bureau of Economic Analysis. The nation’s GDP increased by 1.8 percent during Q3, as several key economic indicators continued to grow. While this is an improvement over the 1.3 percent growth we… Read More
Private Employers Add Another 325,000 Jobs in December
Employers continued adding hundreds of thousands of jobs at the end of last year, outperforming the expectations of many economists, according to the December 2011 ADP National Employment Report. Private-sector employers added 325,000 jobs during December, which is much better than many experts were predicting. This is a good sign that the national economy will continue to recover as we… Read More
Shrinking Unemployment Insurance Claims Signal Strong New Year
Fewer people were filing initial claims for unemployment insurance at the end of last year, another positive sign that the economy is turning around. According to the most recent Unemployment Insurance Weekly Claims Report from the Department of Labor, initial claims for unemployment insurance dropped (-15,000) to 372,000 during the week ending Dec. 31, 2011. According to a report by Bloomberg:… Read More
Jobing Announces Acquisition of Blogic
Arizona-based Jobing, a leading technology company that connects local employers and local job seekers, officially announced the acquisition of Blogic, a start-up site-matching technology company. This acquisition will enhance Jobing’s ability to provide turn-key technology solutions to companies looking to improve their employment brand and corporate career websites. Blogic was founded in 2011 as part of AZ Disruptors (www.AZDisruptors.com), the… Read More
State Economic Improvements Mirror National Picture
The local economy is continuing to improve in most states across the nation, as 43 states and the District of Columbia saw their unemployment rates drop during November, and 29 states continued to add more jobs over the month, according to the most recent Regional and State Employment and Unemployment report from the Bureau of Labor Statistics. According to a report… Read More
SuccessFactors Gets Social with Jobs2web
Earlier this month, SuccessFactors, a leader in business execution cloud-based software, announced its plan to acquire Jobs2web, a leading recruiting marketing platform. Together the two will launch the first-ever Recruiting Execution Platform. Jobs2web features – which allow companies to drive social and mobile recruiting programs across all potential recruiting channels – will be integrated with SuccessFactor’s Business Execution applications, producing… Read More
Holiday Travel Increase to Benefit Industry Employers
Employers in the travel industry should gear up for plenty of business this holiday season, as a large number of Americans are planning to venture from home in the coming weeks. AAA is predicting that holiday travel will increase by 1.4 percent this year, as 91.9 million Americans leave home to visit family and friends. At 30 percent of the… Read More
State Personal Income Growth Slows During Q3
The nation as a whole saw personal income growth slow to a near-stagnant level during Q3, according to the most recent State Personal Income Growth report from the Bureau of Economic Analysis. State personal income increased by only .1 percent during Q3, which is much slower than the growth we saw during Q2 (+1.1 percent) and Q1 (+2.1 percent) of this… Read More
Q1 Employment Outlook is Bright
The beginning of 2012 is looking very promising for employers, according to the Q1 2012 Manpower Employment Outlook Survey. The survey is predicting that employers will increase hiring by 9 percent during Q1, marking the most promising hiring outlook since 2008. The net employment outlook is higher than the 7 percent increase predicted for Q4 2011 and on par with the… Read More
