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 <br /> <br /> <br />Bureau of Labor Statistics January 2011<br />Unemployment rates<br />National 9.0Bachelors degree and higher, 25 & over 4.2Management, business and financial: 5.3<br />Health care employment continued to trend up over the month (+11,000).<br />Over the prior 12 months, health care had added an average of 22,000<br />jobs per month. Employment Situation Summary, BLA, 2/4/11<br />2011 Salary Increases: An informal survey by WorldBridge Partners Northbrook resulted in the following information regarding planned salary increases for 2011:<br />Size of CompanyAnnual RevenuesBase Salary changes in 2011# of companies in the surveySmall Companies and Start ups$  2 million -   $ 50 million   0% - 3.5% 9Medium Companies$ 50 million -  $300 million2.0% - 3.8%11Large Companies$300 million - $10 billion2.5% - 3.0% 5<br />Other noteworthy facts:<br />,[object Object]
Many gave a range, but also added that the increase would be based on individual performance so a company giving an average of a 3% increase might give one person a 5% increase and another only 1%.

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Five Minute Market Snapshot #5

  • 1.
  • 2. Many gave a range, but also added that the increase would be based on individual performance so a company giving an average of a 3% increase might give one person a 5% increase and another only 1%.
  • 3. Most stated that sales rep salaries would not change, and suggested that variable compensation is their method of allowing a rep to increase their compensation.
  • 4. Based on healthcare premium increases, it is likely that these increases will not keep pace with the employee’s increase in their healthcare contribution.News You Can Use:<br /> Experts warn there won't be enough doctors to treat the millions of people newly insured under the law. At current graduation and training rates, the nation could face a shortage of as many as 150,000 doctors in the next 15 years, according to the Association of American Medical Colleges. WSJ, 4/12/10<br />Dentists in the U.S. and other countries are starting to collect and store baby teeth, wisdom teeth and adult teeth as potential sources of stem cells that can be used to regenerate lost teeth and repair damaged bones, organs or muscles. While some experts warn that the use of dental stem cells can be expensive and that FDA-approved use of such cells still could be years away, researchers say they are a possible new source of stem cells that are not as controversial as human embryonic stem cells. The Miami Herald, 1/18<br />89.7%: Percentage of people in the U.S. who describe their diet as healthy; close to two-thirds of Americans are overweight or obese. Time, 1/17/11<br />98%: Effectiveness of two doses of chicken pox vaccine in protecting children against the infectious disease. Time, 1/17/11<br />Web Buzz:<br />Medical device companies dodge FDA bullet. http://bloom.bg/eMqVo3, Bloomberg, 1/19/11<br />The CMS issued a proposed rule on value-based purchasing that details how hospitals will be measured and financially rewarded for providing high-quality patient care. http://bit.ly/eBrTPJ, Health Leaders Media, 1/11<br />Medical device tax repeal effort heats up. http://bit.ly/hg0T5D, MedCity News, 1/21/11<br />