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Unemployment claims fall 9,750

September 27, 2007

In the week ended Sept. 22, the advance figure for seasonally adjusted initial unemployment claims was 298,000, a decrease of 15,000, or 4.8%, from the previous week's revised figure of 313,000. The four-week moving average was 311,500, a decrease of 9,750 from the previous week's revised average of...


Newspaper job ads decrease

September 27, 2007

The Conference Board's index measuring job ads in U.S. newspapers fell two points in August and now stands at 23. The measure was 29 in August 2006. Help-wanted advertising fell in all nine U.S. regions in the past three months. The largest declines occurred in the New England (-25.4%), South Atlantic...


Vedior buys B2B Workforce

September 27, 2007

Vedior NV signed a deal to buy B2B Workforce Inc. of Alpharettta GA. B2B provides personnel and consulting services for enterprise software applications including SAP and Oracle in both the private and public sectors. It had revenue of $79.0 million in 2006.

Vedior said the acquisition will complement...


People - Workway, Monarch

September 27, 2007

Workway, a Burbank CA-based financial staffing company, hired Catherine Anderson as VP of its commercial division. Anderson has 25 years of experience in the commercial banking, commercial real estate and brokerage industries.

Monarch Staffing Inc. (OTCBB: MSTF.OB) appointed William Comte to its board....


Hiring expectations cool for October

September 26, 2007

Both manufacturers and service sector firms project slower hiring this October than during the same period last year, according to the leading indicator of national employment index (LINE) report from the Society for Human Resource Management and Rutgers University. Hiring is reported to be rising the...


Net income up 5.8% at Resources Connection

September 26, 2007

Revenue and net income rose at Resources Connection Inc. (NASD: RECN) in its most recent quarter ended Aug. 31, but gross margin slipped, in part, because of contingent worker vacations, the company reported Tuesday.

Net income at the Irvine CA-based company increased 5.8% to $11.6 million in the first...


Contract Watch - Nursefinders, Modis

September 26, 2007

Nursefinders said VHA Inc. has chosen its vendor management services offering as a preferred provider for its member hospitals. VHA members may also use Nursefinders for healthcare staffing needs. Club Staffing, a division of Nursefinders, has been a VHA preferred provider for more than four years. VHA...


San Francisco has highest average pay

September 26, 2007

The average pay in the San Francisco metropolitan area was 19% above the national average in 2006, the highest among 78 areas studied in the National Compensation Survey, the U.S. Bureau of Labor Statistics reported today. The Brownsville TX area was the lowest with workers earning an average of 78 cents...


Idaho is state with lowest jobless rate

September 25, 2007

Idaho's August unemployment rate of 2.4% was again the lowest in the nation, the U.S. Bureau of Labor Statistics reported today. Idaho had also posted the lowest jobless rate among states in July. Next lowest states in August were Hawaii and Utah at 2.6% each, followed by Montana at 2.8%. Michigan again...


Exchange gives ATC time to remain listed

September 25, 2007

The American Stock Exchange gave ATC Healthcare Inc. (AMEX: AHN) until Jan. 9, 2009 to make changes to avoid delisting, the company said today.

ATC said in July it received a deficiency notice notifying the company it fell below exchange rules requiring companies with losses in three of their four most...