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Research from Staffing Industry Analysts

May 22, 2009

Here is the latest research from Staffing Industry Analysts. INSIGHT - Direct hire growth update*Direct hire continues freefall, no stabilization*Public company forward-looking guidance not optimistic*Key driver to watch: college-level unemployment


Global Employment revenue falls 21%

May 21, 2009

Global Employment Holdings Inc.'s (OTCBB: GEYH.OB) first-quarter revenue fell 20.5% year-over-year to $22.6 million amid a difficult economy, according to a filing with the U.S. Securities and Exchange Commission. The Lone Tree CO-based firm, which provides staffing and professional employer or...


Research from Staffing Industry Analysts

May 21, 2009

Here is the latest research from Staffing Industry Analysts. INSIGHT - PEO staffing growth update*Enviable position: We project revenue roughly flat in 2009*But western U.S. underperforming*Smaller PEOs losing market share


U.S. leading index rises

May 21, 2009

The Conference Board's U.S. leading index of economic indicators released today rose 1.0% in April, marking the first increase in seven months. The index now stands at 99.0. (2004=100).


Initial jobless claims fall 2%

May 21, 2009

The number of U.S. initial claims for unemployment benefits fell 1.9% to 631,000 in the week ended May 16 from the previous week's revised number of 643,000. The four-week moving average of claims fell 0.6% to 628,500 from the previous week's revised average of 632,000.


U.S. leading index rises

May 21, 2009

The Conference Board's U.S. leading index of economic indicators released today rose 1.0% in April, marking the first increase in seven months. The index now stands at 99.0. (2004=100).


Gevity shareholders OK TriNet deal

May 21, 2009

Gevity HR Inc. (NASD: GVHR) shareholders on Wednesday approved the company's sale to TriNet. Gevity will become a privately held company in the acquisition, and the deal is set to close June 1. Gevity's shares will be delisted prior to that time. TriNet, a San Leandro CA-based PEO, is paying $4 a...


Gevity shareholders OK TriNet deal

May 21, 2009

Gevity HR Inc. (NASD: GVHR) shareholders on Wednesday approved the company's sale to TriNet. Gevity will become a privately held company in the acquisition, and the deal is set to close June 1. Gevity's shares will be delisted prior to that time. TriNet, a San Leandro CA-based PEO, is paying $4...


Global Employment revenue falls 21%

May 21, 2009

Global Employment Holdings Inc.'s (OTCBB: GEYH.OB) first-quarter revenue fell 20.5% year-over-year to $22.6 million amid a difficult economy, according to a filing with the U.S. Securities and Exchange Commission. The Lone Tree CO-based firm, which provides staffing and professional employer orga...


Initial jobless claims fall 2%

May 21, 2009

The number of U.S. initial claims for unemployment benefits fell 1.9% to 631,000 in the week ended May 16 from the previous week's revised number of 643,000. The four-week moving average of claims fell 0.6% to 628,500 from the previous week's revised average of 632,000.