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This has been moved from HCM to Enterprise Components. You see this a lot, where functionality is moved from the application to Enterprise Components. This makes is easier to patch frameworks, since this is separated from the application core. You saw the same shift with for example Approval FrameWork. From PT to HCM to EC.
In 9.1 to be found in:
Main Menu > Enterprise Components > Events & Notifications > Event Framework >
PeopleBooks > PeopleSoft Enterprise HRMS 9.0 Application Fundamentals PeopleBook > Working with HCM Event Manager
PeopleBooks > PeopleSoft 9.1 PeopleBook: Events and Notifications Framework >