Building your employment brand


quarterly report February 2011


PMI: THE LAST 12 MONTHS Month PMI Dec 2010 57.0


Nov 2010 56.6 Oct 2010


56.9


Sep 2010 54.4 Aug 2010 56.3 Jul 2010


55.5


Month PMI Jun 2010 56.2


May 2010 59.7 Apr 2010


60.4


Mar 2010 59.6 Feb 2010


Average for 12 months: 57.3; high: 60.4; low: 54.4


ISM & THE PMI Institute for Supply Management’s Dec. 2010 Manufacturing Report on Business


PMI AT 57 PERCENT A PMI ofmore than 50 represents expansion


and reach thousands … and adds a new layer of complexity to your company’s ethics policy.


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


FPC’s Poll on Workplace Risk


Pg. 4 Pg. 4


ocial media. It helps with recruiting, is a useful public relations tool, allows you to send messages instantaneously


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 media to the company’s overarching ethics and conduct policies. “At minimum, the social media policies


Orler


should tie to the corporate governance and ethics policies and what’s an appropriate behavior standard,” Orler said. Continued on Page 2


of themanufacturing sector, compared to the previousmonth. A reading under 50 represents a contraction, while a reading at 50 indicates no change. Prior to Sept. 1, 2001, the acronymPMI stood for PurchasingManagers’ Index. The Institute of SupplyManagement (ISM) now uses only the acronym, PMI. PMI is a very important sentiment reading,


not only formanufacturing, 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 upcomingmonth and other indicator releases. Economic activity in themanufacturing


sector expanded in December for the 17th consecutivemonth, and the overall economy grew for the 20th consecutivemonth, say the nation’s supply executives in the latest Manufacturing ISMReport On Business.* ■


* Issued by Norbert J. Ore, CPSM, C.P.M., chair of the Institute for Supply Management Manufacturing Business Survey Committee).


THE EMPLOYMENT SITUATION Info from the Bureau of Labor Statistics (BLS) The unemployment rate fell by 0.4 percentage point to 9.4


percent in December, and non-farmpayroll 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 othermajor industries.


ESTABLISHMENT SURVEY DATA Total nonfarmpayroll employment increased by 103,000


in December. Employment rose in leisure and hospitality and in health care but changed little in othermajor industries. Since December 2009, total payroll employment has


increased by 1.1million, or an average of 94,000 permonth. The change in total non-farmpayroll employment for


October was revised from+172,000 to +210,000; the change for November was revised from+39,000 to +71,000. ■


01/00 01/01 01/02 01/03 01/04 01/05 01/06 01/07 01/08 01/09 01/10 Month


500 500 0 56.5 Jan 2010 58.4


what’s your policy?


1-month Net Change


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