THE WEEK THAT WAS
WINNER: Florida consumer confidence
Latest University of Florida survey finds Floridians optimistic about the economy, especially in the long run.
.LOSER: Florida entertainment industry
With all its incentive money gone, state finds that filmmakers are losing interest in shooting (and spending) here.
Glassdoor, which collects user-submitted information on hiring, says the average interview process has increased from 13 days in 2009 to 23 days in 2013. It's not clear why that is, given the abundance of available workers. Some economists have argued there is a growing "skills gap" between what workers have and what employees need. If that were true, though, we'd expect to see wages being bid up, and so far wages have remained stagnant. Another theory is that in an uncertain economy, companies are worried about making a mistake. As a result, employers exercise more exhaustive screening processes until they're confident they've found their "purple squirrel," HR jargon for an impossibly perfect, overqualified candidate usually willing to work for peanuts.
Catherine Rampell, New York Times