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Index - Economy remains on recession track

June 20, 2008

The Economic Cycle Research Institute's weekly leading index level measuring the U.S. economy fell to 132.6 for the week ended June 13 from the prior period's level of 132.9. Lower index levels indicate a slower economy. The index's growth rate, derived from a moving average, contracted 5.8% for...


Soliant buys RPh on the Go

June 20, 2008

Soliant Health said today it acquired RPh on the Go, a Chicago-based pharmacy staffing firm. Terms of the deal were not announced. RPh provides pharmacy staffing nationwide at community pharmacies, federal facilities, retail sites and health-system pharmacies. It will continue to operate under th...


Jobless claims fall by 5,000

June 19, 2008

In the week ended June 14, the advance figure for seasonally adjusted initial unemployment claims was 381,000, a decrease of 5,000, or 1.3%, from the previous week's revised figure of 386,000. The four-week moving average was 375,250, an increase of 3,250 from the previous week's revised average...


June's marketing blog

June 19, 2008

Hinda Chalew, VP of marketing at Staffing Industry Analysts, writes about market testing, landing pages and more in her blog on marketing. Click here.


Survey - Workload tops CFOs' concerns

June 19, 2008

More than a third of chief financial officers (35%) cite heavy workloads as the top workplace concern for finance and accounting professionals, according to a survey by Accountemps, a division of Robert Half International Inc. (NYSE: RHI). Job security ranked second, with 19% identifying it as th...


Leading index increases 0.1%

June 19, 2008

The Conference Board reported today its U.S. leading index of economic indicators rose 0.1% in May, and now stands at 102.1. The index rose 0.1% in April and was unchanged in March. Four of the 10 leading indicators increased in May. They were interest rate spread, stock prices, manufacturers' ne...


Staffing buyers take more time to pay

June 18, 2008

Staffing buyers took longer to pay in May than in the prior month, according to the Capital TempFunds credit index. The index fell to 102 in May from 107 in March. The index had been at 107 in May 2007. The higher the number, the faster clients are paying staffing firms.


CDI announces Kuwaiti joint venture

June 18, 2008

Philadelphia-based staffing and engineering services company CDI Corp. (NYSE: CDI) said it's forming a joint venture to create a Kuwait-based engineering, procurement and construction management firm. The partner in the venture is Emtiaz Engineering & Energy Holding, a firm focused on oil and gas...


USG division to work with UK firm

June 18, 2008

European staffing firm USG People said its Start People division signed a strategic cooperation agreement with Jark Recruitment, a United Kingdom-based staffing firm. More staffing clients are signing Europe-wide contracts and the deal confirms the two firms' cooperation, USG People said. Start P...


ZeroChaos buys Adecco division

June 18, 2008

ZeroChaos said today it acquired Adecco USA's PayWise Inc. division, a provider of payrolling services. Terms of the deal were not announced. "For 50 years, PayWise provided unique solutions and impeccable service to a host of venerable clients," said Harold Mills, CEO of ZeroChaos. "The newly ex...