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General Employment revenue down 33%

January 11, 2010

Revenue at General Employment Enterprises Inc. (AMEX: JOB) fell 33.1% on a year-over-year basis to $2.5 million in the company's fiscal fourth quarter ended Sept. 30, 2009, amid a decline in permanent placement revenue. Fourth-quarter permanent placement revenue fell 65.7% to $668,000 from $1.9...


Research from Staffing Industry Analysts

January 11, 2010

The Daily News represents a small portion of the information and research Staffing Industry Analysts provides. The latest research out today for corporate members discusses economic indicators. BRIEFING - Economic indicators update *Generally, economic indicators suggest recovery *Employment rec...


Employment trends index rises

January 11, 2010

The Conference Board's U.S. employment trends index rose 1.7% in December from November to a reading of 91.8 raising the likelihood of job growth in the first quarter. "Given the sharp and widespread improvement in the employment trends index in recent months, it is very likely that we will see...


ZeroChaos buys background-checking firm

January 11, 2010

ZeroChaos, an Orlando-based staffing firm, announced it acquired Checkpast, a Dallas-based employment screening company. Terms of the transaction were not announced. Checkpast's services include identity, criminal and financial background checks as well as drug testing. The company will operate...


TSR revenue falls 19%

January 11, 2010

TSR Inc. (NASD: TSRI), Hauppauge NY-based information technology staffing firm, reported a 19.0% year-over-year decline in revenue to $9.3 million in its fiscal second quarter ended Nov. 30, 2009. The company said revenue fell as the number of consultants on billing with customers decreased to 2...


SHRM report sees moderate hiring increase

January 11, 2010

Manufacturing and service-sector companies plan to increase hiring in January compared with a year ago, but at lower levels than the same month in 2008, according to the leading indicators of employment report released Friday by the Society for Human Resource Management. A survey for the report...


VMS files bankruptcy, plans sale

January 11, 2010

Symbio Solutions, which operates a healthcare vendor management system, filed for Chapter 11 bankruptcy protection last week. CEO Rodney Shifflette said the filing was made to facilitate a sale of the company. Proceeds from the sale will go to creditors, Shifflette said. "Our intent is to do as...


Canada loses 2,600 jobs

January 8, 2010

Canada lost 2,600 jobs in December, according to seasonally adjusted numbers released today by Statistics Canada. MarketWatch reported that economists had expected a gain of 20,000 jobs. The unemployment rate was unchanged month-over-month at 8.5%. Of the jobs lost in December, 2,400 were full t...


Spherion: No change in worker confidence

January 8, 2010

The Spherion Corp. (NYSE: SFN) employee confidence index level of 49.1 was unchanged in December from November. "Our latest report mirrors what we are hearing from both candidates and customers -- many are at a standstill, waiting until job loss flattens out in anticipation of the ultimate uptur...


Large software, offshore outsourcing firms plan staffing push

January 8, 2010

In a sign of interest in the staffing industry by large software and offshore outsourcing firms, Oracle Corp. and its partners, Provade Inc. and Infosys Technologies Ltd., recently announced a joint effort to target sales to staffing firms. The companies are bringing together their software and...