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Medical Staffing Network exits bankruptcy

September 30, 2010

Medical Staffing Network Healthcare LLC, the fourth-largest U.S. healthcare staffing firm, is no longer under Chapter 11 bankruptcy protection.

"We, as a company, can now operate from a more solid foundation, offering more flexible service options for our clients and better job opportunities to our...

Feds raise second-quarter GDP estimate

September 30, 2010

The U.S. Department of Commerce raised its growth estimate of real gross domestic product in the second quarter.

Real GDP increased at an annual rate of 1.7% in the second quarter, according to a third estimate released today by the Department of Commerce. An estimate released last month had growth...

Harvey Nash's U.S. revenue rises 5%

September 30, 2010

U.S. revenue at Harvey Nash Group PLC rose 5% to GBP16.6 million (US$26.0 million) in the first half of 2010 compared with the first half of last year.

Gross margin at the London-based information technology staffing and services firm's U.S. operations narrowed to 25.9% from 30.5%.

Harvey Nash's worldwide...

Jobless claims fall by 16,000

September 30, 2010

The number of U.S. initial claims for unemployment insurance filed in the week ended Sept. 25 fell by 16,000 from the previous week, according to seasonally adjusted numbers released today by the U.S. Department of Labor.

Initial claims for the week ended Sept. 25 totaled 453,000, down 3.4% from the...

Paychex names new CEO

September 30, 2010

Paychex Inc. (NASD: PAYX), a Rochester NY-based payroll processing firm that also provides PEO and other services, named Martin Mucci as president and CEO effective today.

Mucci is the third president and CEO for the 40-year-old company. He was part of a three-member interim executive team that led...

Blog: From science fiction to staffing?

September 29, 2010

A company has developed a new robot to represent remote workers. Craig Johnson, senior editor of Staffing Industry Report, discusses possible trends for the staffing industry in The Contingent Blog.

For the full blog, click here.


California metro posts highest jobless rate

September 29, 2010

The Riverside-San Bernardino-Ontario area in Southern California recorded the highest unemployment rate in August, 14.8%, among all large U.S. metropolitan areas with populations of 1 million or more, the U.S. Bureau of Labor Statistics reported today. The Las Vegas area posted the second-highest at...

Court dismisses lawsuit against Kenexa

September 29, 2010

Kenexa announced that a lawsuit against the company alleging violations of federal securities laws was dismissed on Monday.

The class action suit had been filed June 11 with the Building Trades United Pension Trust Fund as the named plaintiff.

"We are pleased with the decision of the court to dismiss...

Online job ads rise by 59,900

September 29, 2010

The number of online job ads rose by 59,900 in September to almost 4.3 million, according to a report released today by The Conference Board. Online job ads had fallen by 57,100 in August.

After rapid rises in online job ads in the fourth quarter of 2009 and first quarter of 2010, "labor demand has...

TriNet: Revenue approaching $200 million

September 29, 2010

TriNet announced Monday it is on track to report revenue of more than $200 million in 2010. The San Leandro CA-based PEO reported revenue of $165 million in 2009.

The privately held company also said it repaid a $60 million loan used in its acquisition of Bradenton FL-based PEO Gevity HR Inc. in June...