The Conference Board Leading Economic Index is an American economic leading indicator intended to forecast future economic activity. It is calculated by The Conference Board, a non-governmental organization, which determines the value of the index from the values of ten key variables such as The US DOL monthly reports, S&P 500, US Census Bureau’s reports on building permits, non-defense capital goods and monthly consumer goods and materials reports from manufacturing activity. The Conference Board Leading Economic Index for the U.S. increased 0.4% in March to 126.7, following a 0.5% increase in February, and a 0.6% increase in January. (March 2010, index was 100).
Whether it’s fixing a computer, cleaning out a warehouse area, or managing an inventory count, Troy seems to be able to do it all! We have worked with Troy off and on for the last several years and we’re always glad when he comes back to us depending on his availability. Thank you,Troy, for helping out, often last minute. We so appreciate your responsiveness and your work ethic. Congratulations for being chosen our Employee of the Month.
Thank you, Lucia, for making such a big difference in a busy office that requires phones, data entry, and good computer skills. There are many disruptions which is normal for most office environments that offer services and you handle them so well. We are pleased to name you our Employee of the Week. Thanks for working with us! Congratulations.
Thank you, Mari, for being our Employee of the Week and congratulations to you! We are really happy that you are enjoying your new training position and that you can use your computer proficiency in so many areas where the Client needs that expertise. We appreciate the professionalism and calm demeanor that you bring to this position. Again, congratulations!
Congratulations to Ramiro from all of us here at The Temp Connection for being Employee of the Week. Ramiro worked very diligently and consistently on a multi-week marketing project and was able to complete his work on time. The Client was very pleased with the results and Ramiro enjoyed the work so it worked out well for everyone! Thank you for doing such a good job, Ramiro. Please enjoy the gift card.
Darline was selected as our Employee of the Week. She has helped out on two different assignments, and we mean two entirely different assignments with different skill sets required. Darline was capable of performing well at both! We really appreciate her versatility and want to wish her a big Congratulations!
The U.S. economy in February saw robust hiring, dropping unemployment, and firmer wage growth, continuing the third-longest on-record economic expansion. The data clears the path for the U.S. Federal Reserve to raise short-term interest rates. Nonfarm payrolls rose a seasonally adjusted 235,000 from January, exceeding forecasters’ expectations, and the unemployment rate dropped to 4.7%. Private sector average hourly earnings increased 2.8% from the previous year, indicating that the tightening job market is contributing to pay growth. Reported by Leubsdorf of WSJ.
When I first read a recent article about staffing services resorting to offshore recruitment services, I then realized how many offers I get in my email box from recruitment services on a list of candidates who can ostensibly do anything and everything. I either delete or unsubscribe from these unsolicited companies. The article by J. Nurthen in our trade magazine, Staffing Industry Review, went on to say that because of the low-cost disrupters that have emerged in the human cloud to challenge the traditional staffing model, many staffing firms have looked at the potential of offshoring parts of their processes to less expensive labor markets. The benefits from doing so list cost reduction, flexibility, efficiency and focus. Something just doesn’t feel right about this. Even though the 23 vendors in India and the 4 in Pakistan mentioned may provide general administrative support, research, training, website design, SEO, IT consulting and technical support, our staffing team also provides these services and likes to recruit for these areas locally, right here in Tucson. We really like to sit down with the candidates, get to know them and understand what they are interested in doing, what their expertise is, their skillset, their career history and spend time in developing a relationship with them. The better we know our candidates, the more success we have in placing them with our clients. One staffing firm in Pittsburgh with 6 offices tried to use ORS and their experience was not very positive. The owner said that the off-shore companies really do not understand your geographic market.There are several areas of Pittsburgh that are very difficult to commute to because of traffic although the mileage seems ok. Candidates in our market understand this, however, off-shore recruiters do not. Other red flags appeared also. What kind of cultural fit seems best for a particular client? How well are the candidates screened and understood and, most importantly, valued? We appreciate our candidates deeply and want to do the best job possible in finding them suitable, interesting, and engaging work in our local Tucson market. If we are old-fashioned in this respect, I think that’s OK. Don’t you?
Ellie Patterson has been in the staffing industry for twenty-seven years and is a co-founder and partner at The Temp Connection in Tucson, AZ. She can be reached via email at email@example.com.