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Service-sector index improves
November 5, 2007Economic growth in the service sector picked up in October, according to the Institute for Supply Management's report on the service sector released today. The non-manufacturing business activity index rose to 55.8 in October from 54.8 in September. The service sector's employment index, however, fell...
Harvey Nash buys U.S. IT solutions firm
November 5, 2007London-based Harvey Nash Group PLC is buying a 49.9% stake in
Research from Staffing Industry Analysts
November 5, 2007Here is a list of research reports and citations to other research released last week by Staffing Industry Analysts.
BRIEFING October BLS Employment Bulletin
Temp employment bottoming out; Nonfarm employment improves again; Direct placement growth remains tepid; PEOs see new low again. For more,...
Spherion's worker confidence index falls
November 5, 2007Spherion Corp.'s (NYSE: SFN) employee confidence index fell 0.3 points to 56.4 in October, it's lowest reading of the year. In October 17% of workers believed the economy was getting stronger, compared with 18% in September. The percent of workers who feel confident in the future of their current employer...
Gevity profit falls 74.3%
November 5, 2007Third-quarter net income fell 74.3% at Gevity HR Inc. (NASD: GVHR). The Bradenton FL-based professional employer organization reported profit of $2.5 million in the quarter, down from $9.6 million in the same period last year.
Gevity said its sales efforts weren't enough to overcome client attrition...
Economic gauge contracts
November 2, 2007The growth rate for the Economic Cycle Research Institute's forward-looking gauge of the
Signing bonuses rise for doctors
November 2, 2007Signing bonuses for doctors are larger in more than 80% of surgical specialties, compared with the last quarter, according to the third quarter edition of The Physician Recruiting Standard by The Delta Companies. In addition, salaries are up 5% for internal medicine doctors over the last three months;...
Canadian jobless rate drops to new low
November 2, 2007The Canadian unemployment rate fell to a new 33-year low of 5.8% in October, Statistics Canada reported today. Employment rose by 63,000 in October, up 0.4% from September.
Buys boost On Assignment revenue, profit
November 2, 2007Net income and revenue rose at On Assignment Inc. The company posted a 20.6% increase in third-quarter profit to $3.3 million from $2.7 million in the third quarter of 2006. Revenue rose 96.4% to $148.7 million from $75.7 million a year ago.
The Calabasas CA-based staffing company said third-quarter...
Adecco profit up 40%, but North American revenue falls
November 2, 2007Third quarter net income rose 40% at Adecco SA, despite weaker demand in the
Profit was helped by a gain of 12 million...