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Leading index falls 0.1%, recession not imminent

February 21, 2008

The Conference Board reported today the U.S. leading index of economic indicators fell 0.1% in January to 135.8. Based on revised data, the index decreased 0.1% in December and 0.4% in November. However, The Conference Board said Wednesday that a recession was not imminent. "While the correction...


Office openings

February 21, 2008

TEKsystems, part of the Allegis Group, opened a new office in Honolulu. TEKsystems previously served the Hawaiian market through its Los Angeles and San Diego offices. "While our past efforts were mutually productive, we felt the timing was right to add a local point of presence to Hawaii," said...


CTG profit rises 13%

February 21, 2008

Fourth-quarter net income rose 13.4% at technology staffing firm Computer Task Group Inc. (NASD: CTGX). The Buffalo NY-based company posted net income of more than $1.2 million compared with almost $1.1 million in the fourth quarter of 2006. CTG said net income would have been $1.4 million in the...


Monarch Staffing board members resign

February 20, 2008

Monarch Staffing Inc. (OTCBB: MSTF.OB) reported two members of its board of directors, William Comte and Rodney McDermott, have stepped down, according to a filing with the U.S. Securities and Exchange Commission. The San Juan Capistrano CA-based healthcare staffing firm announced earlier this mo...


TechTeam profit rises 50%

February 20, 2008

Fourth-quarter net income at TechTeam Global Inc. (NASD: TEAM) rose 50.2% to $1.8 million from $1.2 million in the fourth quarter of the previous year. Revenue for the quarter increased 46.6% to $64.3 million from $43.9 million in the same period in 2006. TechTeam, however, said revenue rose only...


Strategic Staffing Solutions revenue up

February 20, 2008

Strategic Staffing Solutions, a Detroit-based information technology staffing firm, reported full-year 2007 revenue of $148 million. That's a 6.5% increase over the $139 million the privately held company reported in 2006. Last year marked the 18th consecutive year of growth, the company reported...


Average weekly earnings dip

February 20, 2008

Real average weekly earnings fell by 0.5% in January from December, according to preliminary, seasonally adjusted data released today by the U.S. Bureau of Labor Statistics. Earnings were hit by a 0.3% decrease in average weekly hours. In addition, a 0.2% increase in average hourly earnings was p...


Employer sanctions to remain in effect

February 20, 2008

Arizona's employer sanctions law will remain in effect for now. A federal judge ruled against an injunction to block the law while the 9th U.S. Circuit Court of Appeals weighs its legality, The Arizona Republic newspaper reported today. The law goes after illegal workers by targeting employers, w...


People

February 19, 2008

Korn/Ferry International Inc. (NYSE: KFY) named Ana Dutra as CEO of its leadership development solutions group and executive VP. Dutra has 18 years of consulting experience, most recently at Accenture. Leslie Murphy was elected to the Kelly Services Inc. (NASD: KELYA) board of directors. Murphy...


Trinity joins ANSERTEAM

February 19, 2008

Trinity Staffing Services, a San Antonio-based staffing firm, said it has joined ANSERTEAM (The Alliance of National Staffing and Employment Resources), a national network of locally owned, independent staffing firms. The company will cover the San Antonio market. ANSERTEAM currently has 70 membe...