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Monster jobs index surges seven points

September 3, 2009

The Monster Worldwide Inc. employment index rose seven points in August from July to a reading of 121, posting its highest monthly rate of improvement in four years, Monster Worldwide Inc. reported. "The significant jump in the Monster employment index in August offers encouraging signs of impro...


Jobless claims edge down by 4,000

September 3, 2009

The number of U.S. initial claims for unemployment insurance fell by 4,000, or 0.7%, to 570,000 in the week ended Aug. 29 from the previous week's revised number of 574,000, the U.S. Department of Labor reported today. The four-week moving average of claims, however, rose by 0.7%, or 4,000, to 5...


Service sector shrinks at a slower pace

September 3, 2009

Economic activity in the U.S. service sector contracted at a slower rate in August than in July, according to the Institute for Supply Management's nonmanufacturing index released today. The index rose to a reading of 48.4 in August from 46.4 in July, but only readings of more than 50 indicate e...


Research from Staffing Industry Analysts

September 3, 2009

Here is the latest research from Staffing Industry Analysts: INSIGHT -- Staffing executive compensation analysis * Median total compensation is $927,172 * Year-over-year median decrease is 14.0% * Manpower exec is highest paid


Union cites classification in FedEx letter

September 3, 2009

The International Brotherhood of Teamsters urged FedEx Corp. shareholders to call for an independent chairman citing the issue of classifying some drivers as independent contractors instead of employees. In its letter, the union said the current arrangement of founder Frederick Smith serving as...


ADP: Job loss lowest since September 2008

September 2, 2009

The U.S. lost 298,000 private-sector nonfarm jobs between July and August on a seasonally adjusted basis, according to the National Employment Report released today by Automatic Data Processing Inc. (NYSE: ADP). It's the smallest monthly decline since September 2008. Service-sector employment fe...


CoWorx acquires Houston staffing business

September 2, 2009

CoWorx Staffing Services acquired HT Staffing Houston LLC, which provides administrative and light industrial staffing in the Houston area, Crutchfield Capital Corp. announced. The acquisition became effective Aug. 31 and the HT staff employees will remain with the company. Terms of the deal wer...


NAPEO celebrates 25 years

September 2, 2009

The National Association of Professional Employer Organizations, the trade group for PEOs, is in its 25th year this year. Twenty staff leasing companies gathered in 1984 in Scottsdale AZ to form the National Staff Leasing Association, which became NAPEO in 1994, according to the organization. "N...


Contract watch: Aerotek

September 2, 2009

Aerotek announced it's now filling full-time contract positions at Toyota Motor Manufacturing Texas in San Antonio as Toyota moves production of its Tacoma pickup to Texas. Aerotek and Toyota first became partners in 2004, according to the company. Aerotek is part of the Allegis Group, the large...


Contract watch: Aerotek

September 2, 2009

Aerotek announced it's now filling full-time contract positions at Toyota Motor Manufacturing Texas in San Antonio as Toyota moves production of its Tacoma pickup to Texas. Aerotek and Toyota first became partners in 2004, according to the company. Aerotek is part of the Allegis Group, the large...