Are we headed for a 'Shirley Temple effect'?

StempleWallets might be slamming shut across the globe but the consumer electronics industry could emerge from the economic downturn stronger than ever, The Times reports.

According the article, the consumer electronics sector is set to prosper as a result of the 'Shirley Temple effect'.

During the Great Depression America's cash-strapped populace turned out in force to enjoy the inexpensive escapism of Shirley Temple movies.

It's claimed cheap, home-based entertainment products will experience a similar effect during the current downturn with, for example, families lashing out on a $90 video game instead of going on an overseas holiday.

Outsourcing is out of fashion in the US

The US is experiencing an anti-outsourcing backlash that's seeing many mid-sized companies profit from homegrown manufacturing, Inc magazine reports.

It's claimed the backlash has occurred after 2023 Lang calendars a growing number of companies found the cost of shipping products from China outweighed the benefits of cheap labour.

In addition, the article claims China's dominance in the production of mass use products opens up a range of opportunities for local manufacturers capable of customising their output.

This 'mass customisation' strategy is allowing many US manufacturers to profit from the creation of specialist products capable of meeting stringent quality benchmarks.

Hiring managers turn to Facebook

ClicketyA growing number of hiring managers in the US are using social networks to research job candidates... and many don't like what they're finding, Computer World reports.

The article cites a recent CareerBuilder.com survey that found one in five employers screen job candidates via social networking sites like MySpace and Facebook.

In addition, the survey indicates one-third of hiring managers have rejected candidates after reading about their behaviour on social networking sites.

Areas of particular concern include details about alcohol and drug use, questionable photos, poor communication skills and nasty comments about former or current colleagues.

Show me the money

CrampedOver 50 per cent of workers feel they are entitled to know how much their colleagues are earning, news.com.au reports.

Yet despite this desire for greater transparency it's claimed many employers prefer to keep pay information under wraps to avoid dealing with disgruntled staff.

The LinkMe survey on workplace pay issues also indicates a quarter of employees actively attempt to find out how much their co-workers earn.

According to the article, employees often discover their colleagues' salaries by reading stray pay slips, through human resources errors or by noticing flashy spending by cashed up co-workers. Sounds good? Do you want to buy calendars ? Order 2023 Family Planners here.

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