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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Mar 21, 1949
Page
2
Babson Park Florida report cites a Mc Murray and Company survey of 1167 college trainees with 42 percent leaving before year end. If high school grads are included, unsatisfactory turnover could reach 60 percent and costly losses exceed $1.3 million for the 247 firms. The speaker pins blame on parental example rather than schools.
A college senior is fired for drinking during an interview and critique notes how many large firms use remote mail order “executive training” and aptitude testing to select hires. The piece argues for shorter, practical on the job training, accurate job analyses, and real work rather than long indoctrination programs to reduce turnover and mortality among trainees.
Grain review reports modest gains on the Chicago board with May contracts showing a bit more strength. Soybeans and lard opened higher but softened. March delivery dipped below 12.00 at times as outside trading remained light and local traders dominated activity.
Sparse demand left most stocks lower on Saturday in a quiet session. Losses were minor and several issues held Friday closes or advanced slightly. Turnover ran about 300,000 shares in a two hour period, signaling no decisive trend.
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