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Weekly jobless claims rise by 24,000

April 15, 2010

The number of U.S. initial claims for unemployment insurance for the week ended April 10 rose by 24,000, or 5.2%, to 484,000 from the previous week's unrevised number of 460,000, the U.S. Department of Labor reported today. A Labor Department official told The Associated Press that difficulties...

People: Initio International, The Epitec Group

April 14, 2010

Initio International Ltd. named Matthew Briand, president of Monroe Staffing Inc., to its board of directors. London-based Initio manages staffing firms in several countries including Monroe in the U.S., ALG Consultores in Spain and Longbridge in the U.K. Monroe has offices in Connecticut, Massa...

Blog: The coming boom in locum tenens

April 14, 2010

The supply of doctors will likely remain static even as demand increases. Staffing Industry Analysts VP of Research Jon Osborne writes in The Contingent Blog that boom times are coming for the locum tenens business. For the full blog, click here.

Yoh tech wage index rises 2%

April 14, 2010

The Yoh index of technology wages in March posted its first substantive uptick since October 2009 by rising 2.34%. The index is produced by Yoh Services LLC, a provider of technical staffing, managed services, a vendor management system and more. The index measures wages in the information techn...

Blog: Check your staffing firm's pulse

April 14, 2010

Medical practitioners check your pulse at every appointment. This procedure benchmarks your pulse to the norm and to your medical history. But how do you check your staffing firm's pulse? Senior Research Analysts Noël Calvi writes about this in The Contingent Blog. For the full blog, click here.

Staffmark parent prices public offering

April 13, 2010

Staffmark's parent company, Compass Diversified Holdings (NASD: CODI), announced today it priced a public offering of 6.4 million shares at $15.10 each. The company said it expects to raise $73.4 million net of underwriting discounts and commissions. Compass Diversified plans to use the proceeds...

Will workers stay?

April 13, 2010

There's a disparity between how many employees say they plan to seek new jobs and employers' estimates of how many workers will stay, according to surveys by Manpower Inc. (NYSE: MAN). A recent Manpower survey of 2,000 North American hiring managers found that 80% of hiring managers expect less...

Firm invests $12 million in SeatonCorp

April 13, 2010

Prospect Capital Corp. announced today it invested $12.3 million in secured debt in SeatonCorp. Prospect's investment is a second lien loan. Seaton is owned by Leeds Equity Partners, a New York-based private equity firm. Chicago-based SeatonCorp's operations include Staff Management, its high-vo...

Pulse Survey closing next week

April 13, 2010

Interested in learning the pulse of the U.S. staffing industry? Participate in Staffing Industry Analysts' Monthly Pulse Survey to receive a 30-page report of sector-by-sector and segment-by-segment revenue trends. There is no cost to participate, but the deadline for this month's survey is 11...

Blog: Name that staffing firm

April 13, 2010

The first quarter saw an unusually high number of staffing firms adopt new names. Staffing Industry Report Senior Editor Craig Johnson writes about the trend in The Contingent Blog. For the full blog, click here.