FPC Quarterly Report 2011 Q1 : Page 1

Building your employment brand quarterly report February 2011 PMI: THE LAST 12 MONTHS Month Dec 2010 Nov 2010 Oct 2010 Sep 2010 Aug 2010 Jul 2010 PMI 57.0 56.6 56.9 54.4 56.3 55.5 Month Jun 2010 May 2010 Apr 2010 Mar 2010 Feb 2010 Jan 2010 PMI 56.2 59.7 60.4 59.6 56.5 58.4 Average for 12 months: 57.3; high: 60.4; low: 54.4 r u o y s what’ ? y c i l o p ocial media. It helps with recruiting, is a useful public relations tool, allows you to send messages instantaneously and reach thousands … and adds a new layer of complexity to your company’s ethics policy. ISM & THE PMI Institute for Supply Management’s Dec. 2010 Manufacturing Report on Business PMI AT 57 PERCENT A PMI of more than 50 represents expansion of the manufacturing sector, compared to the previous month. A reading under 50 represents a contraction, while a reading at 50 indicates no change. Prior to Sept. 1, 2001, the acronym PMI stood for Purchasing Managers’ Index. The Institute of Supply Management (ISM) now uses only the acronym, PMI. PMI is a very important sentiment reading, not only for manufacturing, but also the economy as a whole. Although U.S. manufacturing is not the huge component of total gross domestic product (GDP) that it once was, this industry is still where recessions tend to begin and end. For this reason, the PMI is very closely watched, setting the tone for the upcoming month and other indicator releases. Economic activity in the manufacturing sector expanded in December for the 17th consecutive month, and the overall economy grew for the 20th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.* I * Issued by Norbert J. Ore, CPSM, C.P.M., chair of the Institute for Supply Management Manufacturing Business Survey Committee). S Table of Contents ISM/PMI & BLS reports Pg. 1 What’s Your Social Media Policy? Pg. 1 HR & the New Healthcare Reform Pg. 2 Identifying the A+ Candidates Pg. 3 HR Spotlight: Q&A with Canon USA’s Director of Recruiting Pg. 4 FPC’s Poll on Workplace Risk Pg. 4 While some companies elect to write a separate social media policy, Elaine Orler, president of Talent Function Group, LLC, in San Diego, and member of the Society for Human Resource Management, says another approach is to add social Orler media to the company’s overarching ethics and conduct policies. “At minimum, the social media policies should tie to the corporate governance and ethics policies and what’s an appropriate behavior standard,” Orler said. Continued on Page 2 THE EMPLOYMENT SITUATION Info from the Bureau of Labor Statistics (BLS) 1-month Net Change The unemployment rate fell by 0.4 percentage point to 9.4 percent in December, and non-farm payroll employment increased by 103,000, the United States Bureau of Labor Statistics reported. Employment rose in leisure & hospitality and in healthcare, but was little changed in other major industries. ESTABLISHMENT SURVEY DATA Total nonfarm payroll employment increased by 103,000 in December. Employment rose in leisure and hospitality and in health care but changed little in other major industries. Since December 2009, total payroll employment has increased by 1.1 million, or an average of 94,000 per month. The change in total non-farm payroll employment for October was revised from +172,000 to +210,000; the change for November was revised from +39,000 to +71,000. I 500 0 500 01/00 01/01 01/02 01/03 01/04 01/05 01/06 Month 01/07 01/08 01/09 01/10

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