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Charles Schwab & Co., Inc.
Email Alert Internet Daily for Wednesday, January 2, 2002 by Frank Barnako CBS MarketWatch.com Women are majority of eshoppers An estimated 29 million Internet users bought gifts online during the holiday shopping season, and 58% of them were women, according to a nationwide study by the Pew Internet & American Life Project. "It's a vote of confidence for the online environment," said Lee Rainie, the project's director. "It means women think of the Internet in a much more serious way." Last year, online shoppers were even split between men and women. For women, a major attraction of online shopping is its time-saving efficiency, Rainie said. AOL Time Warner's AOL found a trend among its shoppers. "Overall, females accounted for 64% of all shopping, underscoring the extent to which AOL's shopping audience is paralleling offline retailing and making online buying a habit," the company said in a release. AOL added its members spent $33 billion online during 2001, an increase of 67% from the prior year's levels. ----------------------------------------------------------------- Online job sites frustrate There's a whole lot of lookin' going on, but not much hiring. That's the complaint of many users of online job sites, such as Hotjobs.com and Monster.com, according to The Wall Street Journal, which cites the experience of a 37-year-old Indiana woman as a representative example. Grace Dubois spends five hours a day searching through job boards. She has applied for nearly 400 positions in the health-care industry; seven have resulted in job interviews. Her experience is supported by research, the newspaper reported. Outplacement consultants Drake Beam Morin said Internet job resources account for only 6% of management-level job hiring. CareerXroads, a consulting company that publishes an annual guide to job boards, found corporate Web sites are the most effective resources for job seekers. The biggest complaint from users of CareerJournal, the job site operated by the Journal, is there are not enough listings. There are about 23,000 jobs posted, down from 35,000 a year ago. Any failure to follow up with applicants is the fault of employers, not employment sites, Dimitri Boylan, president of Hotjobs.com -- soon to be acquired by Yahoo -- told The Journal. ----------------------------------------------------------------- AOL blocks Harvard acceptance emails America Online cannot explain why it blocked delivery of about 100 emails to applicants from Harvard University's admissions office. Harvard said it used email to notify almost 6,000 students who applied for early admission, the Associated Press reported. While between 75 and 100 messages were bounced back to Harvard, most of the applicants telephoned the admissions office to get their answer. ----------------------------------------------------------------- For late-breaking market news you can't afford to miss, go to http://CBS.MarketWatch.com/ ================================================================ LOGIN to access your account: https://investing.schwab.com/trading/start ---------------------------------------------------------------- To unsubscribe or modify your Email Alert customization options, log in using the link below or copy and paste it into your browser's address window: https://investing.schwab.com/trading/start?SANC=EAMyAlerts ---------------------------------------------------------------- Notice: All email sent to or from the Charles Schwab corporate email system may be retained, monitored and/or reviewed by Schwab personnel. (0801-11478) Copyright 2001 CBS MarketWatch. All rights reserved. Commercial use or redistribution in any form, printed or electronic, is prohibited. Distribution by Quris, Inc.
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