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Monster index slips two points in May

June 4, 2009

The Monster Worldwide Inc. (NYSE: MWW) employment index fell two points in May from the previous month to a reading of 118. Year-over-year, the index is down 48 points. "Although the Monster Employment Index experienced a mild decline in May, there are emerging signs of stability in the hiring...


Jobless claims fall 0.6%

June 4, 2009

The number of U.S. initial claims for unemployment benefits fell 0.6% to 621,000 in the week ended May 30 from the previous week's revised number of 625,000, the U.S. Department of Labor reported today. The four-week moving average of claims rose 0.6% to 631,250 from the previous week's revised...


Contract watch - STG, CentralCare, Modis

June 4, 2009

STG International Inc. and CentralCare Inc. landed a nurse contract with the U.S. Department of Defense. Modis Inc. was chosen as a preferred vendor to the state of New York/Office of the Attorney General. STG, an Alexandria VA-based staffing and human resources services firm, and CentralCare,...


RCN hit with independent contractor suit

June 3, 2009

A Massachusetts worker sued RCN Corp., a Herndon VA-based cable TV firm with operations in several states, claiming he was improperly classified as an independent contractor. The complaint was filed this week as a class action in U.S. District Court in Massachusetts to include all such workers in...


New Orleans posts lowest jobless rate

June 3, 2009

The New Orleans-Metairie-Kenner area in Louisiana recorded the lowest jobless rate in April, 5.3%, among metropolitan areas with populations of 1 million or more, the U.S. Bureau of Labor Statistics reported today. This was the third month in a row New Orleans posted the lowest unemployment rat...


New Orleans posts lowest jobless rate

June 3, 2009

The New Orleans-Metairie-Kenner area in Louisiana recorded the lowest jobless rate in April, 5.3%, among metropolitan areas with populations of 1 million or more, the U.S. Bureau of Labor Statistics reported today. This was the third month in a row New Orleans posted the lowest unemployment rate...


RCN hit with independent contractor suit

June 3, 2009

A Massachusetts worker sued RCN Corp., a Herndon VA-based cable TV firm with operations in several states, claiming he was improperly classified as an independent contractor. The complaint was filed this week as a class action in U.S. District Court in Massachusetts to include all such workers...


Report - Feds probing tech recruiting concerns

June 3, 2009

The Washington Post reported the U.S. Justice Department began a probe into top tech companies Google Inc., Yahoo, Apple and Genentech over concerns they violated antitrust laws by agreeing not to recruit top talent from one another. The newspaper's report cited two unnamed sources.


Contraction slows in service sector

June 3, 2009

Economic activity in the U.S. service sector contracted more slowly in May than in April, the Institute for Supply Management reported today. Its nonmanufacturing index rose to a reading of 44.0 in May from 43.7 in the previous month. However, only readings above 50 indicate expansion.


Report - Feds probing tech recruiting concerns

June 3, 2009

The Washington Post reported the U.S. Justice Department began a probe into top tech companies Google Inc., Yahoo, Apple and Genentech over concerns they violated antitrust laws by agreeing not to recruit top talent from one another. The newspaper's report cited two unnamed sources.