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Latest Employment Statistics Indicate Hiring Rebound; Studio98 Asserts Timely Employee Training Can Facilitate Recovery

Studio98, Creator of Rethink Training, Explains How the Right Business Training Solution Can Help New Employees Learn Their Jobs Quickly and Boost Productivity

(CLEARWATER, Fla.,) – With the latest employment figures pointing to an ongoing hiring rebound, Studio98 – creator of Rethink Training – posits that timely and effective employee training can help maintain that momentum and facilitate the continuing economic recovery.

The U.S. Labor Department reported that that the national unemployment rate dropped to 8.3% in January – the lowest it has been since February 2009 – as 243,000 new jobs were filled.(1) “I think this is a sign that maybe the economy is reaching that holy grail of a self-sustaining economic expansion,” said Stuart Hoffman, chief economist at PNC Financial Services in Pittsburgh, in an interview with Reuters Insider.(2)

In Florida, the jobless rate dropped below 10% for the first time in two years, falling to 9.9% in December.(3) Statewide, 7,300 new jobs were added in December; with a total of 113,900 jobs added between December 2010 and December 2011.(4)

“Training is an important factor in the productivity of new hires,” said Rafferty Pendery, CEO of Studio98. “As employers throughout Florida and across the nation continue to fill a growing number of positions, it’s vital for them to have training systems in place that enable employees to ramp up for their new posts quickly and effectively. After all, production is a key component of a healthy economy; and the faster new employees learn their jobs, the more productive they become. This allows companies to focus on growing their business and filling other open positions.”

As an established provider of online business solutions, Studio98 is dedicated to helping organizations operate more efficiently. Rethink Training was initially created to fulfill the company’s own internal training needs. Subsequent beta testing led to further enhancements, and the learning management system (LMS) was made available to the public in September.

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