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Four-week average of jobless claims rises

November 26, 2008

The four-week moving average of seasonally adjusted initial jobless claims rose 2.2% to 518,000 for the week ended Nov. 22 from the previous week's revised average of 507,000, the U.S. Department of Labor announced today. However, the advance figure for seasonally adjusted initial unemployment cl...

Revenue falls 25% at General Employment

November 25, 2008

Fourth-quarter revenue fell 25.1% at General Employment Enterprises Inc. (AMEX: JOB) to $3.8 million. The Oakbrook Terrace IL-based staffing firm posted a net loss of $474,000 compared with net income of $344,000 in the fourth quarter of the previous year. "Our fourth-quarter results were adverse...

Slight change to Daily News

November 25, 2008

Staffing Industry Analysts is making a slight change to the Staffing Industry Daily News starting today. Now in order to view the full news item, simply click on the headline.

Allied Healthcare revenue rises 2.4%

November 25, 2008

Allied Healthcare International Inc. (NASD: AHCI) said revenue rose 2.4% in its fiscal fourth quarter ended Sept. 30 to $75.0 million. The healthcare staffing company, which does most of its business in the United Kingdom, said fourth-quarter revenue rose 8.8% in constant currency. The company's...

Randstad buys stake in Japanese firm

November 25, 2008

Randstad Holding NV, one of the world's largest staffing firms, said today it acquired a 10% stake in Japanese staffing firm FujiStaff Holdings Inc. Randstad said it bought the share for euro12.3 million (US$15.6 million). Tokyo-based FujiStaff provides staffing and other services. FujiStaff, a p...

Economy - GDP contracts, but confidence rises

November 25, 2008

Real gross domestic product declined more steeply in the third quarter, the U.S. Department of Commerce reported today. But consumer confidence edged up by one measure. Real GDP contracted at an annual rate of 0.5% in the third quarter, according to a preliminary estimate. The decline is bigger t...

Acquisitions change your company

November 25, 2008

The question of what happens to brands when companies are acquired is covered by Hinda Chalew, Staffing Industry Analysts' head of marketing and interactive services, in The Contingent Blog. For the full blog, click here.

Temp numbers fall in ASA survey

November 24, 2008

The number of U.S. temporary workers fell in the third quarter in the sharpest drop since the 2001-2002 recession, the American Staffing Association reported today. Staffing firms employed an average of 2.7 million temporary and contract workers per day in the third quarter, down 11.8% from the t...

Research from Staffing Industry Analysts

November 24, 2008

Here is the latest research from Staffing Industry Analysts. INSIGHT - Commercial staffing growth update *Commercial staffing double-digit downdraft accelerates in 3Q*Office/clerical as expected, guidance affirmed: 8% 2009 decline projected*Industrial deteriorates, guidance to be lowered in comin...

Manpower going forward in Vietnam with deal

November 24, 2008

Manpower Inc. (NYSE: MAN) said it struck a three-year deal with Vietnam's Ministry of Labor, Invalids and Social Affairs to jointly develop labor information systems, forecast labor market needs and identify the labor requirements of Vietnamese enterprises. The partnership will include organizing...