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Global sells PEO, buys temp business

July 23, 2010

Global Employment Solutions, based in Littleton CO, announced the sale of a PEO business and the acquisition of a temporary staffing business.

The company sold its Global Employment Solutions professional employer organization business to Madison Capital Partners, a Chicago-based private equity firm....

Canadian staffing index rises seven points

July 23, 2010

The Canadian staffing index rose seven points in June to a reading of 86 -- its highest level in 18 months -- but remains below the benchmark of 100 set in July 2008, the Association of Canadian Search, Employment and Staffing Services announced.

"Canada's staffing industry is encouraged by these results...

Mass layoffs increase in June

July 23, 2010

Mass layoffs rose in June to 1,647, up by 235, or 16.6%, from May, according to seasonally adjusted numbers released today by the U.S. Bureau of Labor Statistics.

The number of initial claims for unemployment insurance resulting from mass layoffs rose by 9,749, or 7.2%, in June to 145,538.

Mass layoff...

CareerBuilder: 32% of small firms to hire

July 23, 2010

Thirty-two percent of small businesses plan to add staff in the second half of the year, according to a survey by CareerBuilder.com.

The survey of firms with 500 or fewer employees found that 21% plan to hire full time while 11% plan to hire for part-time positions. In addition, 6% plan to bring in...

Employment Insurance rolls rise in Canada

July 22, 2010

The number of people receiving Canadian Employment Insurance benefits rose for the first time in eight months in May, Statistics Canada reported today.

People receiving Employment Insurance numbered 680,140 in May, up by 8,590, or 1.3%, from April, according to seasonally adjusted numbers from Statistics...

Leading index: Slower growth through fall

July 22, 2010

The Conference Board's U.S. leading index released today fell by 0.2% in June following a 0.5% increase in May and a 0.1% decline in April.

It now stands at 109.8 (2004=100).

"The indicators point to slower growth through the fall," said Ken Goldstein, economist at The Conference Board. "Two trends...

Jobless claims jump by 37,000

July 22, 2010

U.S. initial claims for unemployment insurance rose by 37,000, or 8.7%, to 464,000 in the week ended July 17, according to seasonally adjusted numbers released today by the U.S. Department of Labor.

Jobless claims for the previous week, ended July 10, were revised down by 2,000 to 427,000.

The four-week...

Robert Half second-quarter revenue up 2.6%

July 22, 2010

Robert Half International Inc. (NYSE: RHI) reported second-quarter revenue rose 2.6% to $769.1 million from the year-ago quarter.

Revenue in the Menlo Park CA-based company's OfficeTeam division rose by 10.8% to $150.4 million and its Robert Half Finance & Accounting division recorded a 29.0% increase...

TrueBlue revenue rises 15%

July 22, 2010

Second-quarter revenue rose 15.3% year-over-year at TrueBlue Inc. (NYSE: TBI) to $284.8 million.

"The stronger than expected revenue growth during Q2 was primarily driven by same-branch revenue growth across most geographies and industries other than construction," TrueBlue President and CEO Steve...

Blog: Have you been to Starbucks lately?

July 21, 2010

Could coffee houses prove fertile grounds for recruitment? Hinda Chalew, senior VP of marketing and interactive services at Staffing Industry Analysts, discusses the concept in The Contingent Blog. For the full blog, click here.