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Corporate Resource Services: Don’t rely on financial statements for past two years

April 2, 2015

Corporate Resource Services, at one time the 22nd-largest US staffing firm, reported its financial statements for the fiscal year ended Jan. 3, 2014, along with subsequent quarterly financial filings, cannot be relied on, according to a filing with the US Securities and Exchange Commission.The fi...


Jobless claims four-week average falls by 14,750, DOL issues annual revisions

April 2, 2015

The US four-week moving average of initial claims for unemployment insurance fell by 14,750 last week to a total of 285,500 from the previous week’s upwardly revised average, according to seasonally adjusted numbers released today by the US Department of Labor. This week’s release reflects the an...


Success begins with attitude — Staffing Stream

April 2, 2015

Attitude affects everything: health, relationships, overall contentment and productivity, writes Steve Isenberg in The Staffing Stream. But improving your attitude takes more than a desire. Isenberg, president of ASJ Partners, provides seven steps to begin fostering a success-driven attitude.The...


General Employment closes Scribe deal, ex-MPS leader now CEO

April 1, 2015

General Employment Enterprises Inc. (NYSE MKT: JOB), an Oakbrook Terrace, Ill.-based staffing provider, closed on its acquisition of Scribe Solutions Inc., previously  announced in December. Scribe Solutions will now operate as a wholly owned subsidiary of General Employment. Scribe provides...


US private-sector job gain for March is lowest in more than a year

April 1, 2015

US private sector employment rose by approximately 189,000 jobs in March when compared to February, according to the ADP national employment report produced by Automatic Data Processing Inc. (NASD: ADP) in collaboration with Moody’s Analytics. March job gains came in under 200,000 for the first t...


Online job ads post strongest quarterly growth in eight years

April 1, 2015

US online job ads edged up by 15,160 in March to a total of more than 5.46 million, according to The Conference Board’s report on online job ads released today. The increase follows a gain of 184,149 job ads in February.“Online demand growth over the first quarter of 2015 at +349,000 has been the...


Amazon to remove 18-month non-compete clause for temps — Web

April 1, 2015

The Guardian newspaper announced Amazon removed an 18-month non-compete clause for temporary hourly workers. “That clause hasn’t been applied to hourly associates, and we’re removing it,” a spokeswoman told The Guardian.


Manufacturing index for US decelerates, Canada index again below neutral

April 1, 2015

The Institute for Supply Management’s purchasing managers’ index for US manufacturing decelerated to a reading of 51.5 in March from February’s reading of 52.9. March’s reading is the lowest since May 2013, according to Bloomberg, but any reading above 50 typically indicates growth.The median for...


CTPartners delays 10-K filing

April 1, 2015

CTPartners Executive Search Inc. (NYSE MKT: CTP) filed a form with the US Securities and Exchange Commission to extend the deadline for filing its latest 10-K until April 15.The company said it is engaged in discussions with an institutional lender in connection with a second lien financing and w...


Australia – Ambition Group appoints CFO

April 1, 2015

Australian staffing firm Ambition Group (AMB: ASX) today announced the appointment of Laurent Toussaint to the position of Group Chief Financial Officer and Company Secretary.Laurent is a qualified Chartered Accountant from South Africa who trained with Deloitte in Johannesburg and then held CFO...