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South Dakota again reports lowest jobless

August 15, 2008

South Dakota again posted the lowest jobless rate among states in July, the U.S. Bureau of Labor Statistics reported today, although the state's jobless rate edged up to 3.0% from 2.8% in June. Nebraska posted the next-lowest unemployment rate at 3.4%. Michigan again reported the highest jobless...

Jobless four-week average rises 4.6%

August 14, 2008

In the week ended Aug. 9, the advance figure for seasonally adjusted initial unemployment claims was 450,000, the U.S. Department of Labor reported. The four-week moving average was 440,500, an increase of 19,500, or 4.6%, from the previous week's revised average of 421,000. The Department of Lab...

Research from Staffing Industry Analysts

August 14, 2008

Here is the latest research from Staffing Industry Analysts. BRIEFING - Survey of Professional Forecasters *Real GDP growth projected: 3Q08 to be 1.2%, 4Q08 to be 0.7% *Unemployment to reach 6.0% *U.S. economy to start adding jobs again in 2Q09 For more, click here.

Medical Connections revenue up, loss widens

August 14, 2008

Second-quarter revenue rose 95.9% to $1.8 million at Medical Connections Holdings Inc. (OTCBB: MCTH.OB) from $930,964 in the same period last year. The increase in revenue stemmed from an increase in recruiting staff, an escalation of marketing efforts and the arrival of new clients, the company...

Real earnings fall 0.8%

August 14, 2008

Real average weekly earnings fell 0.8% month-over-month in July, according to preliminary, seasonally adjusted data released today by the U.S. Bureau of Labor Statistics. An 0.3% increase in average hourly earnings was more than offset by an 0.3% decrease in average weekly hours and an 0.9% incre...

TeamStaff government earnings 'solid'

August 14, 2008

TeamStaff Inc. (NASD: TSTF) posted a 7.1% increase in revenue in its fiscal third quarter ended June 30, 2008. The Somerset NJ-based company reported third-quarter revenue of $17.8 million compared with $16.6 million in the third quarter of the previous year. "Our government staffing division, Te...

Contract Watch - MDI Group, Westaff

August 13, 2008

MDI Group, an Atlanta-based staffing firm, said it was chosen by the BNSF Railway Company to administer and manage its contract worker program at all its locations in the U.S. MDI Group will serve as the managed service provider, while Fieldglass InSite will provide the vendor management system....

Orion ICG acquires Therapy Staff Inc.

August 13, 2008

Orion ICG LLC, a Raleigh-based staffing firm, acquired Therapy Staff Inc. (TSI), an allied healthcare staffing firm. TSI supplies physical therapists, occupational therapists and speech language pathologists primarily in Michigan and Illinois. TSI founder Dan Diamond and Paul Glomski, its preside...

Job openings fall

August 13, 2008

The number of U.S. job openings fell by approximately 640,000 year-over-year in June to a total of more than 3.6 million, the U.S. Bureau of Labor Statistics (BLS) reported Tuesday. There were almost 4.3 million job openings in June 2007. The job openings rate was 2.6% in June compared with 3.0%...

Heidrick buys Boston search firm

August 13, 2008

Heidrick & Struggles International Inc. (NASD: HSII) completed its acquisition of 75 Search Partners LLC, a Boston-based executive search firm that recruits senior investment professionals globally. Terms of the deal were not announced. The founders of 75 Search Partners, Lisa DeConto and Scott V...