Tuesday, August 31, 2004
Tweet[IWS] SHRM: LEADING INDICATOR OF NATIONAL EMPLOYMENT (LINE) created with Rutgers [31 August 2004]
IWS Documented News Service
_______________________________
Institute for Workplace Studies Professor Samuel B. Bacharach
School of Industrial & Labor Relations Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor Stuart Basefsky
New York, NY 10016 Director, IWS News Bureau
________________________________________________________________________
SHRM and Rutgers Join to Create National Employment Indicator [31 August 2004]
http://www.shrm.org/press/CMS_009613.asp#P-4_0
SHRM and Rutgers Join to Create National Employment Indicator
Indicator Will Be Launched in November 2004
(Alexandria, Va., August 31, 2004)The Society for Human Resource Management (SHRM) and Rutgers School of Management and Labor Relations will collaborate to create the Leading Indicator of National Employment (LINE). LINE will be a current month indicator released the fourth Tuesday of each month.
We are pleased to work with Rutgers on what we view as a valuable addition to current employment indicators,said Susan R. Meisinger, SPHR, president and CEO of SHRM. HR professionals are positioned to accurately indicate employment in their organizations and can collectively predict employment and economic trends overall. We expect LINE to be a valuable source for economists, financial analysts, and informed business leaders throughout the country.
The rate of job creation is among the most important measures of the strength of our economy,said Steven M. Director, Ph.D., a Rutgers faculty member and the principal investigator for the LINE project. The SHRM/Rutgers LINE will provide decision and policy makers in the public and private sectors with timely information available from no other source. It will remind the nation, on a monthly basis, of the key role HR professionals play in the functioning of the U.S. economy.
SHRM has more than 185,000 members and represents HR professionals throughout the U.S. and abroad. HR professionals have a unique position of knowing the current and projected employment conditions at their organizations. They are also the first to recognize and affect fluctuations in compensation packages offered to new hires and projected hiring in the months ahead.
The Rutgers School of Management and Labor Relations is a leading center for scholarly and applied research on Human Resource Management issues. The principal investigator for LINE from Rutgers teaches courses in financial analysis and labor economics.
SHRM and Rutgers will release the first LINE report on November 23, 2004.
In the initial launch, LINE will release data from the manufacturing sector since that sector tends to be the most cyclically sensitive and often acts as a leading indicator of change in the overall economy.
_____________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky *
Director, IWS News Bureau *
Institute for Workplace Studies *
Cornell/ILR School *
16 E. 34th Street, 4th Floor *
New York, NY 10016 *
*
Telephone: (607) 255-2703 *
Fax: (607) 255-9641 *
E-mail: smb6@cornell.edu *
****************************************
_______________________________
Institute for Workplace Studies
School of Industrial & Labor Relations
Cornell University
16 East 34th Street, 4th floor
New York, NY 10016
________________________________________________________________________
SHRM and Rutgers Join to Create National Employment Indicator [31 August 2004]
http://www.shrm.org/press/CMS_009613.asp#P-4_0
SHRM and Rutgers Join to Create National Employment Indicator
Indicator Will Be Launched in November 2004
(Alexandria, Va., August 31, 2004)The Society for Human Resource Management (SHRM) and Rutgers School of Management and Labor Relations will collaborate to create the Leading Indicator of National Employment (LINE). LINE will be a current month indicator released the fourth Tuesday of each month.
We are pleased to work with Rutgers on what we view as a valuable addition to current employment indicators,said Susan R. Meisinger, SPHR, president and CEO of SHRM. HR professionals are positioned to accurately indicate employment in their organizations and can collectively predict employment and economic trends overall. We expect LINE to be a valuable source for economists, financial analysts, and informed business leaders throughout the country.
The rate of job creation is among the most important measures of the strength of our economy,said Steven M. Director, Ph.D., a Rutgers faculty member and the principal investigator for the LINE project. The SHRM/Rutgers LINE will provide decision and policy makers in the public and private sectors with timely information available from no other source. It will remind the nation, on a monthly basis, of the key role HR professionals play in the functioning of the U.S. economy.
SHRM has more than 185,000 members and represents HR professionals throughout the U.S. and abroad. HR professionals have a unique position of knowing the current and projected employment conditions at their organizations. They are also the first to recognize and affect fluctuations in compensation packages offered to new hires and projected hiring in the months ahead.
The Rutgers School of Management and Labor Relations is a leading center for scholarly and applied research on Human Resource Management issues. The principal investigator for LINE from Rutgers teaches courses in financial analysis and labor economics.
SHRM and Rutgers will release the first LINE report on November 23, 2004.
In the initial launch, LINE will release data from the manufacturing sector since that sector tends to be the most cyclically sensitive and often acts as a leading indicator of change in the overall economy.
_____________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
# posted by SBasefsky : 11:10 AM
