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April 15, 2008

CEO Confidence Declines Again, Conference Board Reports


The Conference Board's Measure of CEO Confidence, which had posted a sharp decline in the final quarter of 2007, fell again in the first quarter of 2008. The last time The Measure posted a weaker reading was in the final quarter of 2000.

According to new research from Compass Intelligence, the current economic slowdown is expected to result in lower business expenditures on IT products and services.

Also, in a report that offers strong evidence that the nation is in recession, the government said that joblessness soared and employers shed jobs in March. We've come to expect one thing from NBC's The Office: stingingly funny satire that rings uncomfortably true in the workplace. These could be the people in our neighboring cubicles or the bosses in our corner offices. Your computer can be a job ender. Even as you read this story, you should probably be asking yourself: Am I actually allowed to browse online and read news stories at the office?

Paul Villella
CEO, HireStrategy

News and Articles


CEO Confidence Declines Again, Conference Board Reports
CEOs' assessment of current conditions suggests we're still mired in a period of extremely slow growth, and while their short-term outlook moderately improved, they remain quite cautious about hiring. Read column

Report: Economic Slowdown to Lower 2008 Business IT Spending
The current economic slowdown is expected to result in lower business expenditures on IT products and services. Annual spending growth on services will decline from 5.3 percent growth in 2007 to 3.9 percent growth in 2008. Read column

Employers Cut 80,000 Jobs in March
Many a workplace truth is spoken in jest. Read article

7 Career Lessons From NBC's 'The Office'
The unemployment rate rose from 4.8 percent in February to 5.1 percent in March. Employers reduced their payrolls by 80,000 jobs in March, the steepest loss in five years and the third straight month of decline. Read article

5 Ways Your Computer Use Can Get You Fired
Employees need to know their organization's policies on E-mail and the Internet. Read article

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Events Calendar
Don't miss these networking events.

Dulles Regional Chamber of Commerce Spring Spectacular Spectacle
April 17, 5:30pm

Washington Executive Society 80's Night at City Club of Washington
April 19, 7:30pm

GiraMondo Wine AdventuresWine Networking Reception at Red Dog Café
April 22, 7:00pm

Greater Reston Chamber of Commerce Best of Reston Gala Celebration
April 24, 5:30pm

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