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Mass layoffs rise 72%

June 23, 2009

The number of mass layoffs rose 72.4% in May compared to the same month last year, and the associated initial claims for unemployment insurance rose 73.3%, the U.S. Bureau of Labor Statistics reported today. In May, there were 2,933 mass layoff actions compared with 1,701 in the same month a ye...


Staffing upturn will come three months ahead

June 23, 2009

When a sustained upturn in staffing industry employment occurs, it would herald the end of the recession and suggest that overall nonfarm employment would start growing again about three months later, according to research released Monday by the American Staffing Association. The conclusion cam...


Wanted estimates 260,000 fewer jobs in June

June 23, 2009

Wanted Technologies Corp. estimates the U.S. Bureau of Labor Statistics will announce a loss of only 260,000 jobs in June when it releases U.S. nonfarm payrolls on July 2. Among the losses, Wanted estimates a decline of 11,700 jobs in transportation and warehousing, a loss of 16,000 jobs in fin...


General Employment shareholders OK deal

June 23, 2009

General Employment Enterprises Inc. (AMEX: JOB) shareholders approved on Monday the sale of a majority stake in the firm to PSQ LLC. The Oakbrook Terrace IL-based company will issue 7.7 million new shares of stock to PSQ at 25 cents per share for a total of approximately $1.9 million. PSQ is al...


Wanted estimates 260,000 fewer jobs in June

June 23, 2009

Wanted Technologies Corp. estimates the U.S. Bureau of Labor Statistics will announce a loss of only 260,000 jobs in June when it releases U.S. nonfarm payrolls on July 2. Among the losses, Wanted estimates a decline of 11,700 jobs in transportation and warehousing, a loss of 16,000 jobs in finan...


General Employment shareholders OK deal

June 23, 2009

General Employment Enterprises Inc. (AMEX: JOB) shareholders approved on Monday the sale of a majority stake in the firm to PSQ LLC. The Oakbrook Terrace IL-based company will issue 7.7 million new shares of stock to PSQ at 25 cents per share for a total of approximately $1.9 million. PSQ is also...


Staffing upturn will come three months ahead

June 23, 2009

When a sustained upturn in staffing industry employment occurs, it would herald the end of the recession and suggest that overall nonfarm employment would start growing again about three months later, according to research released Monday by the American Staffing Association. The conclusion came...


Report - Family doctors are most in-demand

June 22, 2009

Among medical doctors, primary care physicians rank as the most in-demand, according to the 2009 Review of Physician Recruiting Incentives from physician staffing firm Merritt Hawkins & Associates, a division of AMN Healthcare Services Inc. (NYSE: AHS). The survey tracked more than 3,200 physic...


Report - Family doctors are most in-demand

June 22, 2009

Among medical doctors, primary care physicians rank as the most in-demand, according to the 2009 Review of Physician Recruiting Incentives from physician staffing firm Merritt Hawkins & Associates, a division of AMN Healthcare Services Inc. (NYSE: AHS). The survey tracked more than 3,200 physicia...


Pomeroy founder raises acquisition price

June 22, 2009

The founder of Pomeroy IT Solutions Inc. (NASD: PMRY) raised the price he will pay to buy the firm to $6 per share from $5.02 a share, the company announced today. The deal values the company at $59.2 million, the firm said. Founder David Pomeroy II already owns more than 17% of the company. Pome...