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Texas bill updates PEO regulations

June 11, 2009

A Texas bill updating requirements for professional employer organizations in Texas was signed into law by Texas Governor Rick Perry on May 27. Texas is the second-largest market for PEOs, according to the National Association of Professional Employer Organizations. "Passage of the bill [HB 224...


Jobless claims down 4%

June 11, 2009

The number of U.S. initial claims for unemployment benefits fell 3.8% to 601,000 in the week ended June 6 from the previous week's revised number of 625,000, the U.S. Department of Labor reported. The four-week moving average of claims fell 1.7% to 621,750 from the previous week's revised average...


Beige Book reports signs of staffing recovery

June 11, 2009

Staffing firms reported "some modest signs of recovery," according to the Federal Reserve Beige Book released Wednesday. Staffing firms contacted in the Boston, Atlanta, Chicago and Dallas Federal Reserve Districts cited stabilization or slight improvement in employment trends, according to the...


Jobless claims down 4%

June 11, 2009

The number of U.S. initial claims for unemployment benefits fell 3.8% to 601,000 in the week ended June 6 from the previous week's revised number of 625,000, the U.S. Department of Labor reported. The four-week moving average of claims fell 1.7% to 621,750 from the previous week's revised avera...


Dice acquires AllHealthcareJobs.com

June 11, 2009

Dice Holdings Inc. (NYSE: DHX) announced it acquired AllHealthcareJobs.com, a job Web site focused on the healthcare industry. Dice operates the Dice.com job board Web site for information technology professionals. The company also operates eFinancialCareers.com, for financial jobs, and Clearan...


Research from Staffing Industry Analysts

June 11, 2009

Here is the latest research from Staffing Industry Analysts. INSIGHT - Retained search growth update*Sector plunges in 1Q09*Economic trends portend continued decline*Staffing Industry Analysts projects 40% contraction in 2009 BRIEFING - Economic indicators update*Leading indicators getting less n...


Pomeroy deal draws second lawsuit

June 11, 2009

Pomeroy IT Solutions Inc. (NASD: PMRY) said a second stockholder lawsuit was filed to prevent the company from being acquired by founder David Pomeroy II, according to a filing with the U.S. Securities and Exchange Commission. The new lawsuit was filed May 29 in Delaware court by shareholder Mi...


Beige Book reports signs of staffing recovery

June 11, 2009

Staffing firms reported "some modest signs of recovery," according to the Federal Reserve Beige Book released Wednesday. Staffing firms contacted in the Boston, Atlanta, Chicago and Dallas Federal Reserve Districts cited stabilization or slight improvement in employment trends, according to the B...


Census finds staffing revenue down 11%

June 10, 2009

First-quarter revenue in the U.S. employment services industry fell 10.5% year-over-year to $41.18 billion, the U.S. Census Bureau reported today. First-quarter employment services revenue fell 11.7% compared with the fourth quarter. The employment services industry category includes employment...


Volt staffing revenue falls 24%

June 10, 2009

Volt Information Sciences Inc. (NYSE: VOL) reported today that net staffing revenue fell 24.1% year-over-year to $383.9 million in its fiscal second quarter ended May 3. The New York-based firm said the economic slowdown hurt sales as staffing customers cut their use of contingent labor, put on...