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Economy
Unemployment Rate Stays Constant: Good or Bad?
The unemployment rate for December remained unchanged from November's 10
percent. While this may be a positive indicator of the direction of the
economy, analysts remain divided on the employment outlook.
ADP, provider of HR, payroll, tax, and benefits administration solutions,
sponsors the ADP National Employment Report and is sanguine, anticipating
that private employment will increase within the next few months.
Read the ADP report.
However, some analysts remain less confident - because of the reasons
behind the stagnant unemployment rate.
According to the Associated Press, the unemployment rate remained at 10
percent because people stopped looking for work - and they were not
counted as unemployed. The AP also reports that the unemployment rate
will increase as people see signs of an improving economy and once again
begin looking for work.
Read the AP article.
At OneWire, we continue to have more firms sign up as clients, and an
even more promising sign of upcoming hiring is that current clients are
purchasing additional seats. Clearly, they are anticipating doing more
hiring in the coming year.
Do you have any new jobs to post? Log on to your OneWire account
now to start finding that perfect candidate.
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Recruitment
How Employee Satisfaction Will Impact Hiring
Although we would expect those with jobs to be delighted by the simple
fact that they are employed while many of their peers are not, recent
survey results released by The Conference Board show that only 45 percent
of those surveyed are satisfied with their jobs. This is the lowest level
of job satisfaction in the United States in two decades.
No age or income group is immune to job dissatisfaction; in fact, the
youngest demographic expresses the highest level of dissatisfaction.
What does this mean for hiring managers?
First, everybody is searching for a job.
OneWire allows you to tap into this pool of currently-employed, or
passive candidates. More importantly, we allow the candidates to maintain
their privacy and confidentiality, allowing them to be on the lookout for
new opportunities - like yours - without compromising their current
employment.
Second, firms need to maintain a pipeline of prospective candidates.
OneWire allows you to constantly add to your candidate pool, whether it
is through your website, through jobs you post, or through referrals.
Most importantly, candidates on OneWire can easily maintain their
profiles, ensuring that you have the most up-to-date information.
Log on to your OneWire account
or call your account manager at 646.786.0830.
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Best Practices
Efficiently Manage Prospective Candidates
A constant lament of hiring managers is the difficulty in managing
candidates who come to their firm's website to apply for a job.
Typically, one of two things will happen: candidates' resumes go to an
inbox - a virtual black hole; or candidates fill out a detailed profile
through a hosted application - and can never go back to update it.
Either way, both parties lose. Candidates get lost in the shuffle, and
hiring managers are overwhelmed by the volume of applicants and no
ability to effectively search through them.
OneWire solves this problem with its free In-Sourcing tool.
How it works: We give you a customized link to post on your website, in
emails, or anywhere interested candidates will see it. You can give the
link to your recruiter - and even use it in job listings you place on
other job sites.
Candidates click on the link and are directed to a co-branded page, where
they create a profile and are tagged as showing interest in your firm.
This enables you to add to your candidate pool, track all candidates
already interested in your firm, filter through potential candidates, and
target only those candidates who precisely meet your firm's requirements.
With OneWire In-Sourcing, you never have to wade through hundreds of
resumes. That one perfect candidate is always within your reach.
To obtain your customized link, log on to your OneWire account
or call your account manager at 646.786.0830.
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