In This Issue
Last week's jobs report (slight drop in unemployment to 9.1 percent) was followed by encouraging news from The White House, with President Obama announcing a diversity hiring initiative for veterans, calling upon the private sector to hire or train 100,000 unemployed veterans by the end of 2013, with tax credits and programs to businesses.
While other news in the jobs outlook this week was not the rebound that many were hoping for, it did show a modest uptick with employers adding more jobs than had been previously forecasted (117,000) and the unemployment rate falling slightly to 9.1 percent, with job gains in health care, retail trade, manufacturing, and mining. For those of you on track to hire this month, our experts outline advice on finding qualified candidates, and best practices to follow.
Along with the jobs outlook, consumer spending, which dropped 0.2% in June for the first time since September 2009 (as reported by the Commerce Department), is a factor for many. And as a result of this decline, businesses are responding by reducing hiring. This does not mean a total freeze on hiring and for many employers, finding qualified candidates is still on the agenda. Our article Maximize Your Time; Minimize Recruiting Dollars, outlines practical strategies to hire the best candidates to add to your teams, regardless of budgets.
Speaking of teams, what makes a good one? In What Makes a Great Team, we take a look at the recipes for success, from solid leadership and communication, to collaborative efforts that everyone needs to participate in to work well together.