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The Conference Board's leading index rises
October 18, 2007The Conference Board reported the
Seven of the 10 indicators increased in September. They were vendor performance, average weekly initial claims for...
Top women- and minority-owned staffing firms to be ranked
October 18, 2007Net income falls at Labor Ready
October 18, 2007Net income fell 8.5% in the third quarter at Labor Ready Inc. (NYSE: LRW) while revenue rose 4.4%. And the company said it closed 47 branches in 2007 because of a downturn in demand.
"Although the operating environment in industrial staffing remains difficult," CEO Steve Cooper said, "we continued our...
Pomeroy names CEO and chairman
October 17, 2007Pomeroy IT Solutions Inc. (NASD: PMRY) named Keith Coogan as CEO and president. Coogan most recently served as CEO of Software Spectrum Inc., a global reseller of software. The company also named Kenneth Waters as chairman of the board.
Coogan replaces former CEO Stephen Pomeroy, who was dismissed in...
Average weekly earnings rise 0.1%
October 17, 2007Real average weekly earnings rose 0.1% in September from August, according to preliminary, seasonally adjusted data released today by the
Manpower third-quarter profit rises 31%
October 17, 2007Manpower Inc. (NYSE: MAN) said third-quarter net income rose 31.0% to $131.7 million, compared with $100.6 million in the same period last year.
Results got an eight-cent per share boost from foreign currency exchange rates, the company said. The company also benefited from a French payroll tax subsidy....
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Abbott names new CEO
October 17, 2007Abbott Staffing Companies said Shelle Kulik was named president and CEO. Kulik has been with the company for 23 years and most recently served as president and COO. Under her watch, the company expanded to four specialty branches and eight Abigail Abbott branches throughout
Governor vetoes pay bill for temps
October 17, 2007California Gov. Arnold Schwarzenegger vetoed a bill Sunday requiring temporary agencies to pay workers weekly. AB 1710 would have also clarified that firms wouldn't need to pay temps the day an assignment ends.
In addition, the bill would have held both temporary firms and clients jointly responsible...
State agency issues proposed fines
October 16, 2007Del Monte Fresh Produce and American Staffing Resources, a North Carolina-based staffing company, were given a proposed fines totaling $28,700 by the Oregon Occupational Safety and Health Division.
The fines stem from working conditions at Del Monte Fresh Produce's plant near