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TSR revenue falls 19%

January 11, 2010

TSR Inc. (NASD: TSRI), Hauppauge NY-based information technology staffing firm, reported a 19.0% year-over-year decline in revenue to $9.3 million in its fiscal second quarter ended Nov. 30, 2009. The company said revenue fell as the number of consultants on billing with customers decreased to 2...


SHRM report sees moderate hiring increase

January 11, 2010

Manufacturing and service-sector companies plan to increase hiring in January compared with a year ago, but at lower levels than the same month in 2008, according to the leading indicators of employment report released Friday by the Society for Human Resource Management. A survey for the report...


VMS files bankruptcy, plans sale

January 11, 2010

Symbio Solutions, which operates a healthcare vendor management system, filed for Chapter 11 bankruptcy protection last week. CEO Rodney Shifflette said the filing was made to facilitate a sale of the company. Proceeds from the sale will go to creditors, Shifflette said. "Our intent is to do as...


Canada loses 2,600 jobs

January 8, 2010

Canada lost 2,600 jobs in December, according to seasonally adjusted numbers released today by Statistics Canada. MarketWatch reported that economists had expected a gain of 20,000 jobs. The unemployment rate was unchanged month-over-month at 8.5%. Of the jobs lost in December, 2,400 were full t...


Spherion: No change in worker confidence

January 8, 2010

The Spherion Corp. (NYSE: SFN) employee confidence index level of 49.1 was unchanged in December from November. "Our latest report mirrors what we are hearing from both candidates and customers -- many are at a standstill, waiting until job loss flattens out in anticipation of the ultimate uptur...


Large software, offshore outsourcing firms plan staffing push

January 8, 2010

In a sign of interest in the staffing industry by large software and offshore outsourcing firms, Oracle Corp. and its partners, Provade Inc. and Infosys Technologies Ltd., recently announced a joint effort to target sales to staffing firms. The companies are bringing together their software and...


U.S. adds temps, but total jobs down 85,000

January 8, 2010

U.S. temporary help payrolls rose by 46,500 jobs in December, a slightly smaller monthly gain than in November, according to seasonally adjusted preliminary numbers released today by the U.S. Bureau of Labor Statistics. Gains in temporary employment for November and October were revised upward b...


Economic gauge hits 18-month high

January 8, 2010

The Economic Cycle Research Institute's weekly leading index measuring the U.S. economy reached a one-and-a-half year high. "The U.S. economy is firmly set to strengthen in the coming months," said Lakshman Achuthan, managing director of the institute. In the weekly period ending Jan. 1, the wee...


Korn/Ferry launches iPhone app

January 7, 2010

Korn/Ferry International Inc. (NYSE: KFY), the Los Angeles-based executive search firm, launched a new iPhone application on Apple Inc.'s App Store for its clients and candidates that will allow users to apply for jobs through their iPhones among other things. Korn/Ferry said it’s the firs...


EEOC charges reach second-highest level

January 7, 2010

The U.S. Equal Employment Opportunity Commission said 93,277 workplace discrimination charges were filed with the agency in 2009 -- the second-highest level ever. It also announced that it obtained more than $376 million in monetary relief for those who suffered from discrimination. The high lev...