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Jobless claims rise to highest since 1992

November 20, 2008

Jobless claims rose to their highest level since July 1992, and the four-week moving average also increased. However, the Associated Press reported the high level of jobless claims partly reflects growth in the labor force, which grew by approximately half since the early 1980s. The advance figur...

Bomb threats and other reasons for missing work

November 20, 2008

One worker called in a bomb threat to avoid going to work. Other workers came up with creative excuses for missing a day. Staffing Industry Report Senior Editor Craig Johnson writes on the subject in The Contingent Blog. For more, click here.

Leading index falls 0.8%

November 20, 2008

The Conference Board's U.S. leading index of economic indicators fell 0.8% in October, and now stands at 99.6 (2004 base level = 100). Weighing down the index were stock prices, building permits, consumer expectations and the index of supplier deliveries. Based on revised data, the index also fel...

Randstad says markets remain weak

November 20, 2008

Markets continue to weaken and revenue per working day fell 9.5% in October at Randstad Holding NV, the company said in an announcement prior to its analyst conference today. The firm, among the largest staffing companies in the world, said the trend has remained the same in early November. Still...

DiverseStaff adds to name, changes ownership

November 19, 2008

DiverseStaff, a Houston-based staffing firm, changed its name to DiverseStaff, a Lane Staffing Company. The addition follows President and CEO Carla Lane's acquisition of full control of the firm from its previous owner. DiverseStaff, a Lane Staffing Company has offices in Houston, Dallas/Ft. Wor...

Contract watch - Heidrick and Yahoo

November 19, 2008

Yahoo Inc. (NASD: YHOO) announced this week that it retained Heidrick & Struggles International Inc. (NASD: HSII) to assist in its search for a new CEO. The company said Monday that its present CEO, company co-founder Jerry Yang, will return to his former role of "chief yahoo" after a new CEO is...

Medfinders strikes $80 million deal

November 19, 2008

Medfinders Inc., an Arlington TX-based healthcare staffing company, said it signed a three-year, $80 million contract with MedStar Health, an operator of eight hospitals in the Maryland and Washington DC area. The deal calls for the hospital network to use Medfinders' SingleSource managed staffin...

AMN, Spherion ally for RPO

November 19, 2008

Spherion Corp. (NYSE: SFN) and AMN Healthcare Services Inc. (NYSE: AHS) announced a strategic alliance to provide recruitment process outsourcing services. Spherion will focus on finding candidates for non-clinical positions while AMN will concentrate on clinical jobs such as nurses, allied healt...

Real average weekly earnings rise

November 19, 2008

Real average weekly earnings rose by 1.4% in October from September, according to preliminary, seasonally adjusted data released today by the U.S. Bureau of Labor Statistics. The increase stemmed from a 0.2% increase in average hourly earnings combined with a 1.2% decrease in the consumer price i...

Office openings - KBW, SkillStorm

November 18, 2008

KBW Financial Staffing & Recruiting opened a new office in Woburn MA in addition to its Bedford NH office. The finance and accounting staffing firm said it also plans to open a third office on the New Hampshire seacoast region in the near future, and said it expects gross income to top $4.2 milli...