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Nasdaq warns three staffing firms

September 21, 2009

Nasdaq notified three staffing firms they could face delisting unless they get back in line with the exchange's requirements. TeamStaff Inc. (NASD: TSTF), a healthcare and administrative staffing firm, reported that Nasdaq notified it Sept. 15 that total market value of its publicly held shares...


Economic index rises for fifth month

September 21, 2009

The Conference Board's U.S. leading economic index released today rose 0.6% in August and now stands at 102.5 (2004 = 100). The leading economic index "has risen for five consecutive months and the coincident economic index has stopped falling," said Ken Goldstein, economist at The Conference Bo...


Nasdaq warns three staffing firms

September 21, 2009

Nasdaq notified three staffing firms they could face delisting unless they get back in line with the exchange's requirements. TeamStaff Inc. (NASD: TSTF), a healthcare and administrative staffing firm, reported that Nasdaq notified it Sept. 15 that total market value of its publicly held shares...


People: Volt, Astra HR

September 21, 2009

VMC Consulting, a subsidiary of Volt Information Sciences Inc. (NYSE: VOL), named Eric Mead as director of consulting services. Mead had served as VP of sales for LG Consulting in Seattle. Astra HR, a Rockville MD firm that provides professional employer organization services, named Cory Lauer a...


Where there is distress, there is opportunity

September 21, 2009

Business is the business of solving other's problems at a profit. But if one set of problems goes away, seek new ones to solve, writes Staffing Industry Analysts Director of Research and Analysis Jon Osborne in The Contingent Blog. For the full blog, click here.


People: Volt, Astra HR

September 21, 2009

VMC Consulting, a subsidiary of Volt Information Sciences Inc. (NYSE: VOL), named Eric Mead as director of consulting services. Mead had served as VP of sales for LG Consulting in Seattle. Astra HR, a Rockville MD firm that provides professional employer organization services, named Cory Lauer a...


Nevada, Rhode Island among highest jobless

September 18, 2009

Michigan again posted the highest unemployment rate among states in August at 15.2%; Nevada and Rhode Island followed with rates of 13.2% and 12.8%, respectively, the U.S. Bureau of Labor Statistics reported today. California and Oregon recorded the next-highest unemployment rates in August at 1...


Contract watch: Headway

September 18, 2009

Headway Corporate Resources, a Raleigh NC-based staffing firm, announced its retail solutions group plans to hire more than 7,300 workers for the holiday season for more than 1,000 retail locations in 48 states including Case-Mate, Borders Group, Hickory Farms and others. Services provided will...


TSR gets delisting notice

September 18, 2009

TSR Inc. (NASD: TSRI), a Hauppauge NY-based information technology staffing firm, said it received a delisting notice from the Nasdaq. The minimum market value of TSR's publicly held shares fell below the minimum required level of $5.0 million for 30 days, according to the company. TSR has until...


Nesco names president and COO

September 18, 2009

Nesco Resource, a Cleveland-based staffing firm, named Timothy McPherson as president and chief operating officer. McPherson previously served as a regional VP for Adecco Engineering and Technical and has 23 years of experience in the staffing industry. John Tomsich, who formerly served as presi...