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Healthcare staffing company settles suit

September 24, 2007

Healthcare staffing company Crdentia Corp. (OTCBB: CRDT.OB) said it reached a settlement in a case against Travmed USA and its owners, according to a filing with the U.S. Securities and Exchange Commission.

Crdentia acquired Travmed, a Charlotte NC nurse staffing company, on March 28, 2005, but the...

People - Korn/Ferry, Heidrick & Struggles

September 24, 2007

Korn/Ferry International Inc. (NYSE: KFY) named Michael Franzino as global markets managing director. Franzino will be based in New York and report to CEO Gary Burnison. Franzino comes to Korn/Ferry from Heidrick & Struggles.

Heidrick & Struggles International Inc. (NASD: HSII) named Paula Barifouse...

Latest Staffing Industry Report released

September 21, 2007

The September issue of our Staffing Industry Report newsletter is now available in PDF form at www.staffingindustry.com. To download a copy, click here.

Staff Force/Select Staffing buys Quantum

September 21, 2007

Staff Force/Select Staffing of Schaumburg IL acquired Quantum Personnel in Rockford IL. Terms of the transaction were not announced. Quantum provides light industrial and office staffing; and it will continue to operate its office on under the Quantum name.

The acquisition "allows us to move into new...

Mass layoff actions fall

September 21, 2007

The number of mass layoff actions fell in August to 1,189 from 1,221 in July, according to seasonally adjusted numbers released today by the U.S. Bureau of Labor Statistics. The number of initial unemployment claims associated with mass layoffs was 118,120, down 5.4% from 124,835 in July. A mass layoff...

Economic gauge posts growth, but level slips

September 21, 2007

The Economic Cycle Research Institute's forward-looking gauge of the U.S. economy for the week ended Sept. 14 had a growth rate of 0.4%. The index level was 140.6, down from 140.8 in the prior week. The growth rate and level can move in different directions because the growth rate is derived from a four-week...

Special Reports are now easier to find

September 21, 2007

Looking for our staffing buyers survey? Want details on our healthcare staffing growth assessment? How about our staffing opportunities atlas? These and many more Special Reports are now easier to access through our Web site. Simply go to www.staffingindustry.com, click on TOPICS: STAFFING FIRMS, and...

Workers cost an average of $27.75 per hour

September 20, 2007

U.S. employers paid on average $27.75 an hour in wages and benefits in June, the U.S. Bureau of Labor Statistics reported today. Wages and salaries averaged $19.38 an hour, or 69.8%, and benefits averaged $8.37 per hour, comprising 30.2%.

The cost per hour of life, health and disability insurance averaged...

Leading index falls

September 20, 2007

The Conference Board reported the U.S. leading index of economic indicators fell 0.6% in August to 137.8. Based on revised data, the index rose 0.7% in July and fell 0.1% in June.

Real money supply, one of the 10 indicators, increased in August. The negative contributors included the index of consumer...

Spherion buys Todays Staffing

September 20, 2007

Spherion Corp. (NYSE: SFN) signed a deal to buy Todays Staffing Inc. from CDI Corp. (NYSE: CDI) for $40 million in cash. The transaction is expected to close by the end of this quarter.

Todays Staffing posted revenue of $150 million in the 12 months ending June 30, with a gross margin of approximately...