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Unemployment claims rise by 22,000

March 20, 2008

In the week ended March 15, the advance figure for seasonally adjusted initial unemployment claims was 378,000, an increase of 22,000, or 6.2%, from the previous week's revised figure of 356,000. The four-week moving average was 365,250, an increase of 6,000 from the previous week's revised avera...


Pomeroy posts fourth-quarter loss

March 20, 2008

Pomeroy IT Solutions Inc. (NASD: PMRY) swung to a net loss of $21.4 million in its fourth quarter ended Jan. 5. The quarter included a non-tax cash valuation charge of $16.2 million. Pomeroy had posted net income of $1.5 million in the fourth quarter of the previous year. Fourth-quarter revenue r...


Economic leading indexes fall

March 20, 2008

Both The Conference Board's U.S. leading index of economic indicators and the Economic Cycle Research Institute's weekly leading index fell, the organizations announced today. The Conference Board reported its U.S. leading index fell 0.3% in February and now stands at 135.0. Based on revised data...


Heidrick CFO leaving

March 20, 2008

Heidrick & Struggles International Inc. (NASD: HSII) said Chief Financial Officer Eileen Kamerick is resigning to take a job elsewhere. The company did not announce where Kamerick, who joined Heidrick in 2004, is going. She will continue her duties through May 10 to complete the close of the comp...


Fourth-quarter profit slips at RCM

March 20, 2008

RCM Technologies Inc. (NASD: RCMT), a Pennsauken NJ-based staffing company, reported both net income and revenue fell in the fourth quarter of 2007. The company also announced today the acquisition of NuSoft Solutions, a Troy MI-based Microsoft consulting firm. Fourth-quarter net income at RCM fe...


Get on the lists

March 20, 2008

Staffing Industry Analysts Inc. is compiling its annual lists of top staffing companies and fastest-growing staffing companies. Will yours make the cut? This is your opportunity to appear on Staffing Industry Analysts exclusive lists:>Largest U.S. Staffing Companies >Largest Worldwide Staffing Co...


You call this a recession?

March 20, 2008

The traditional textbook definition of a recession is simple: two consecutive quarters of negative economic growth. You might think that the 2001 downturn qualified on that basis for the term recession, since it is commonly called one, but it did not. The mild economic contractions that occurred...


The RightThing buys AIRS

March 19, 2008

The RightThing, a Findlay OH-based recruitment process outsourcing firm has acquired AIRS, a recruitment software, training, and consulting firm based in Wilder VT. Terms of the deal were not disclosed. Plans call for AIRS products and services to remain intact under the combined company, offerin...


Washington again reports lowest jobless rate

March 19, 2008

The Washington DC area posted the lowest jobless rate in January, 3.5%, for the third month in a row among U.S. metropolitan areas with populations of 1 million or more, the U.S. Bureau of Labor Statistics reported today. The Austin TX and Birmingham AL areas tied for the second-lowest rates at 3...


Office openings - Judge Group, Protiviti

March 19, 2008

The Judge Group, a Philadelphia-based staffing firm, announced it's opening a new office in Dallas. The new office will provide information technology, engineering, and finance and accounting staffing. The opening comes in response to growth the company has seen at its existing Arlington TX offic...