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Economic index at highest level since May

October 8, 2010


The Economic Cycle Research Institute's weekly leading index of the U.S. economy rose to a level of 123.8 for the week ended Oct. 1. It was the highest reading since May.

The index's growth rate contracted at 7.0% in the week ended Oct. 1 compared with a contraction of 7.8% in the prior period. The...


Contract watch: Adecco

October 8, 2010


Adecco RPO announced a deal to provide recruitment process outsourcing services to Cydcor, a Westlake Village CA-based firm that provides outsourced sales teams. Cydcor has more than 2,700 sales professionals and almost 200 offices in North America.

The agreement is for an initial term of three years...


SFN employee confidence index edges up

October 8, 2010


SFN Group Inc.'s (NYSE: SFN) employee confidence index edged up 0.5 points in September to a reading of 48.7.

The index's survey found that 19% of workers in September believed the economy is getting stronger, down two percentage points from August. However, 35% of workers in September said they are...


Canadian employment edges down

October 8, 2010


Canada lost 6,600 jobs in September with employment at approximately 17.2 million, according to seasonally adjusted numbers released today by Statistics Canada. The unemployment rate fell to 8.0% in September from 8.1% in August.

Full-time jobs rose by 37,100, but that gain was offset by a loss of...


Survey: 27% of firms to hire temps in Q4

October 7, 2010


Twenty-seven percent of employers plan to hire contract or temporary workers in the fourth quarter, according to a new survey by CareerBuilder and USA Today. That compares with 30% who reported doing so in the third quarter; however, 24% said they are planning to transition some contract or temporary...


Monster index rises two points

October 7, 2010


The Monster Worldwide Inc. U.S. employment index of online job demand rose to a reading of 138 in September, up two points from August and up 19 points from September 2009.

"Although we have seen the growth rate slow a bit over the last two months, it is encouraging that the index continues to show...


Missouri ranks No. 50 in outing ICs

October 7, 2010


Missouri ranks next to last among all states and the District of Columbia when it comes to finding workers misclassified as independent contractors. The ranking is included in a report from the Missouri State Auditor's office that calls for the state to do more.

The Missouri Department of Labor and...


Research: Job markets, economic projections

October 7, 2010


An Insight on the best and worst U.S. industry job markets and an Insight on U.S. economic indicators and projections are now available to corporate members of Staffing Industry Analysts.

INSIGHT - Best and worst U.S. industry job markets
*Temp still #1 job generator, but slowing
*Fun employment: accommodation...


U.S. job openings rise in August

October 7, 2010


U.S. job openings rose by 1.9% in August from the prior month and rose 32.8% year-over-year, according to seasonally adjusted data released today by the U.S. Bureau of Labor Statistics. The job openings rate -- a measure of job openings compared with total employment -- was 2.4% in August, unchanged...


Jobless claims fall by 11,000

October 7, 2010


The number of U.S. initial claims for unemployment insurance filed in the week ended Oct. 2 fell by 11,000 compared with the previous week, according to seasonally adjusted numbers released today by the U.S. Department of Labor.

Initial claims for the week ended Oct. 2 totaled 445,000, down 2.4% from...