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Yoh names new president

July 7, 2009

Yoh, a Philadelphia-based technology and professional staffing firm, named former Adecco executive Lori Schultz as its new president. Former Yoh president, Bill Yoh, will take on a new leadership role at parent company Day & Zimmerman. Schultz previously served as a senior VP for Ajilon Consulti...


Michael Page gross profit slips, cuts headcount

July 7, 2009

Michael Page International PLC, a London-based professional staffing firm with operations in the U.S., reported second-quarter gross profit fell 48.9% year-over-year on a constant currency basis to GBP83.8 million (US$138.4 million). The company said it cut headcount by 429 in the quarter, leavin...


U.S. job openings dip

July 7, 2009

U.S. job openings fell 36.3% year-over-year in May to almost 2.6 million, and the job openings rate fell to 1.9% in May from 2.8% a year ago, according to numbers released today by the U.S. Bureau of Labor Statistics. Hires and separations also decreased. The number of hires fell 15.8% year-over-...


Service sector's decline eases further

July 6, 2009

Economic activity in the U.S. service sector contracted more slowly in June than in May, the Institute for Supply Management reported today. Its nonmanufacturing index rose to a reading of 47.0 in June from 44.0 in May. However, only readings above 50 indicate expansion.


Spherion index: Worker confidence edges down

July 6, 2009

Spherion Corp.'s (NYSE: SFN) employee confidence index edged down in June as more workers said they believed the economy is getting weaker and fewer jobs are available even as more workers also said they are confident in the future of their employers. The index level was 48.0 in June, down 0.3 p...


Spherion index: Worker confidence edges down

July 6, 2009

Spherion Corp.'s (NYSE: SFN) employee confidence index edged down in June as more workers said they believed the economy is getting weaker and fewer jobs are available even as more workers also said they are confident in the future of their employers. The index level was 48.0 in June, down 0.3 po...


Employment index slips, may yet hit bottom

July 6, 2009

The Conference Board's U.S. employment trends index slipped 0.8% in June to a reading of 88.4 from May's revised number of 89.1. The index is still down 21.6% from a year ago. "Compared to the beginning of the year, the decline in the employment trends index has significantly moderated, and we th...


Employment index slips, may yet hit bottom

July 6, 2009

The Conference Board's U.S. employment trends index slipped 0.8% in June to a reading of 88.4 from May's revised number of 89.1. The index is still down 21.6% from a year ago. "Compared to the beginning of the year, the decline in the employment trends index has significantly moderated, and we t...


Are buyers in the finance/insurance sector hiring again?

July 6, 2009

A few "green shoots" may be appearing the finance/insurance staffing segment, according to Staffing Industry Analysts' monthly Pulse survey. Director of Research and Analysis Jon Osborne writes on the possible trend in The Contingent Blog. For the full blog, click here.


Research from Staffing Industry Analysts

July 6, 2009

Here is the latest research from Staffing Industry Analysts: BRIEFING - Trends in key staffing markets - July update *Finance/insurance and transportation sectors looking up *Healthcare sector generating jobs, but not temp jobs *Manufacturing, tech/telecom and business services still struggling