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ASA staffing index rises over month

May 25, 2010

The American Staffing Association staffing index rose to a reading of 89 in May, up from 86 in April, the organization reported today. The index reading was 19% higher in May 2010 than in May 2009.

The index measures changes in the number of temporary and contract workers, both weekly and monthly. The...

Want to acquire a healthcare staffing firm?

May 25, 2010

Our recent survey results repeatedly show that healthcare staffing firms are among the most sought after acquisition targets right now. To help get buyers and sellers together, we will be hosting a unique session on M&A during our Healthcare Staffing Summit coming up soon -- Sept. 20 to Sept. 22 in...

Consumer confidence 'gaining some traction'

May 25, 2010

Consumer confidence rose for the third month in a row in May, according to The Conference Board's consumer conference index.

The index now stands at a reading of 63.3 (1985=100), up from 57.7 in April.

"Consumer confidence posted its third consecutive monthly gain, and although still weak by historical...

Blog: What's a 'Lippie'?

May 25, 2010

What is a "Lippie"? Jeff Reeder, managing editor of SI Review magazine, reveals the definition in The Contingent Blog. For the full blog, click here.

GDP to grow by 3.2%; economic low point year ago

May 24, 2010

U.S. real gross domestic product will grow by 3.2% in both 2010 and 2011, according to a group of 46 economists surveyed by the National Association for Business Economics.

The 2010 growth forecast is up from 3.1% reported during a previous NABE Outlook survey released in February.

Economists in the...

People: Randstad, Kforce

May 24, 2010

Randstad Professionals named James Fabiano as executive VP of business development. Fabiano is a 28-year veteran of the staffing industry.

"James has a track record of excellence in the increasingly complicated and competitive field of staffing," said Daniel Foley, president of Randstad Professionals....

Blog: Want to acquire a healthcare staffing firm?

May 24, 2010

Healthcare staffing firms are among the most sought-after acquisitions targets. And those companies interested in buying such firms may soon have a chance to present their case to prospective sellers, Senior Research Analyst Sona Sharma writes in The Contingent Blog. For the full blog, click here.

ASA: Staffing employment up 0.8% in Q1

May 24, 2010

Staffing industry employment rose 0.8% in the first quarter of 2010 from the first quarter of 2009 - the first such improvement after nine quarters of year-over-year declines, according to the American Staffing Association's quarterly staffing employment survey released today.

An average of 2.0 million...

Nevada, California jobless rates among highest

May 21, 2010

While Michigan posted the highest jobless rate among states in April at 14.0%, it was followed by Nevada at 13.7% and California at 12.6%, according to data released today by the U.S. Department of Labor Statistics.

North Dakota registered the lowest unemployment rate among states at 3.8%. South Dakota...

IRS releases form for HIRE Act tax credit

May 21, 2010

The IRS released Form 941, which employers will need in seeking to claim a payroll tax break under the Hiring Incentives to Restore Employment Act signed by President Obama on March 18. Employers also need the form W-11 released last month.

Employers may qualify for an exemption from the 6.2% employer's...