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Michigan jobless rate edges down, still highest

January 22, 2010

Michigan's jobless rate edged down to 14.6% in December from 14.7% in November, but Michigan still posted the highest unemployment rate among states, the U.S. Bureau of Labor Statistics reported today. Nevada reported the second-highest unemployment rate in states in December at 13.0%. The Silve...


Canadian Employment Insurance rolls fall 0.9%

January 22, 2010

The number of people receiving Canadian Employment Insurance jobless benefits fell by 7,330, or 0.9%, in November to 795,940, Statistics Canada reported today. The number is down from its peak of 829,300 in June 2009. In Ontario, the number of beneficiaries fell by just 0.2% in November to 274,5...


Jobless claims rise by 8%

January 21, 2010

The number of U.S. initial claims for unemployment insurance for the week ended Jan. 16 rose by 36,000, or 8.1%, to 482,000 from the previous week's revised number of 446,000, the U.S. Department of Labor reported today. The four-week moving average of claims for the week ended Jan. 16 rose by 7...


TeamStaff resolves one Nasdaq notice

January 21, 2010

TeamStaff Inc. (NASD: TSTF) said the filing of its 10-K annual report on Wednesday resolved a delisting notice sent by Nasdaq on Jan. 14. Filing of the annual report for its fiscal year ended Sept. 30, 2009, was delayed because of the timing of the company's sale of its TeamStaff Rx travel nurse...


TriNet survey: Smaller firms to hire

January 21, 2010

Two-thirds of small- and medium-sized companies plan to hire new employees in 2010 and 53% anticipate strong or moderate economic growth, according to a quarterly survey released this week by TriNet, a San Leandro CA-based professional employer organization. Seventy percent of small- and medium-...


Leading index points to 'early recovery'

January 21, 2010

The Conference Board's U.S. leading economic index released today rose 1.1% in December from November. It now stands at 106.4 (2004=100). "The indicators point to an economy in early recovery," said Ken Goldstein, economist at The Conference Board. "The leading economic index suggests that the...


Report: Productivity up despite fewer hours

January 20, 2010

U.S. productivity rose in 2009, but a jobless productivity recovery is likely, The Conference Board reported today. U.S. productivity rose 2.5% in per hour terms in 2009, according to The Conference Board. The increase comes as a reduction in the number of hours worked offset a decline in output...


Adecco completes MPS buy

January 20, 2010

Adecco SA announced today it completed its acquisition of MPS Group Inc. "Our businesses nicely complement each other and joining forces represents an investment in strengthening both of our portfolios or service to place us in the best position to take full advantage of the economic recovery,"...


Research from Staffing Industry Analysts

January 20, 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 includes an Insight on how much time buyers spend on contingent workforce responsibilities. INSIGHT - 2009 Contingent Buyer Survey: H...


TriNet founder steps down as chairman

January 20, 2010

TriNet Group Inc., a San Leandro CA-based professional employer organization, announced Martin Babinec stepped down as board chairman effective Jan. 1. Babinec founded TriNet in 1988 and served as its CEO through May 2008. He will continue to serve on the privately held firm's board. Taking over...