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ADP - U.S. lost 532,000 jobs over last month

June 3, 2009

The U.S. lost 532,000 private-sector nonfarm jobs between April and May on a seasonally adjusted basis, according to the National Employment Report released today by Automatic Data Processing Inc. (NYSE: ADP). "This is a notable improvement over the first three months of the year when monthly los...


Contraction slows in service sector

June 3, 2009

Economic activity in the U.S. service sector contracted more slowly in May than in April, the Institute for Supply Management reported today. Its nonmanufacturing index rose to a reading of 44.0 in May from 43.7 in the previous month. However, only readings above 50 indicate expansion.


Shareholder sues to stop Pomeroy buy

June 2, 2009

A Pomeroy IT Solutions Inc. (NASD: PMRY) shareholder filed a lawsuit to prevent the company from being bought by founder David Pomeroy II, according to a filing with the U.S. Securities and Exchange Commission. The suit claims directors breached their fiduciary duties when the company struck a de...


Shareholder sues to stop Pomeroy buy

June 2, 2009

A Pomeroy IT Solutions Inc. (NASD: PMRY) shareholder filed a lawsuit to prevent the company from being bought by founder David Pomeroy II, according to a filing with the U.S. Securities and Exchange Commission. The suit claims directors breached their fiduciary duties when the company struck a...


CIOs' plans unchanged, CFOs cautious

June 2, 2009

Chief information officers' third-quarter hiring plans remain the same as they were for the second quarter, but chief financial officers remain cautious about bringing on more personnel, according to two survey released today by Robert Half International Inc. (NYSE: RHI). The firm's quarterly s...


CIOs' plans unchanged, CFOs cautious

June 2, 2009

Chief information officers' third-quarter hiring plans remain the same as they were for the second quarter, but chief financial officers remain cautious about bringing on more personnel, according to two survey released today by Robert Half International Inc. (NYSE: RHI). The firm's quarterly sur...


Butler makes Select deal, files bankruptcy

June 2, 2009

Butler International Inc. (OTCBB: BUTL.PK), an engineering services and staffing firm, announced it struck a deal Monday to be acquired by Butler America LLC, a company affiliated with D. Stephen Sorensen, chairman and CEO of Select Staffing. It also filed for Chapter 11 bankruptcy protection. In...


Research from Staffing Industry Analysts

June 2, 2009

Here is the latest research from Staffing Industry Analysts. INSIGHT - Healthcare staffing growth update*SIA projects 23% contraction for 2009*Hospitals dramatically cutting back on temporary employees*Recent employment growth in healthcare industry driven by ambulatory BRIEFING - Staffing Indust...


Gevity deal gives TriNet 8,000 customers

June 2, 2009

TriNet Group Inc., a San Leandro CA-based professional employer organization, announced it completed its acquisition of Gevity HR Inc., a Bradenton FL-based PEO. The combined company will have 8,000 customers and 130,000 employees nationwide, according to TriNet. TriNet had announced March 5 that...


What would Einstein buy?

June 2, 2009

What is the most attractive type of staffing firm for acquisition? Staffing Industry Analysts' Director of Research and Analysis Jon Osborne writes about the question in The Contingent Blog. For the full blog, click here.