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Manhattan posts highest weekly wage in Q4

July 7, 2010

New York County, which includes the New York City borough of Manhattan, reported the highest average weekly wage of all large U.S. counties in the fourth quarter of 2009 at $1,878, the U.S. Bureau of Labor Statistics reported today.

Santa Clara County in California posted the second-highest at $1,699....

MSN files bankruptcy, announces sale

July 6, 2010

Medical Staffing Network Holdings (OTCBB: MSNW.PK) today announced a deal to sell its assets to its first-lien creditors and that it filed for Chapter 11 bankruptcy protection on July 2.

The purchase price for the assets is $84.1 million, and Medical Staffing Network expects the deal to close before...

Index: Service sector's expansion cools

July 6, 2010

Economic activity in the U.S. service sector continued to expand in June, but at a slower pace than in May, according to the Institute for Supply Management's nonmanufacturing index.

The index's reading of 53.8 fell from May's reading of 55.4. Still, index readings of more than 50 generally indicate...

Fastest-growing staffing firm list online

July 6, 2010

The 2010 list of fastest-growing U.S. staffing firms is now available to Staffing Industry Analysts corporate members. This year's list includes 44 companies with compound annual growth of more than 15%. Other new research includes a quarterly analysis of the performance of staffing stocks.


Employment trends: Losing momentum?

July 6, 2010

The Conference Board's U.S. employment trends index inched up to a reading of 96.7 in June from 96.1 in May.

"The weak growth in private sector employment in the last two months has been disappointing given the robust recovery in production in recent quarters," said Gad Levanon, associate director...

Harvest Partners buys fast-growing firm

July 2, 2010

Insight Global, an Atlanta-based IT staffing firm, was sold by H.I.G. Capital LLC to Harvest Partners.

Insight Global ranked as the No. 2 on Staffing Industry Analysts' 2010 list of fastest-growing U.S. staffing firms. It had 2009 U.S. staffing revenue of $261.4 million and a five-year compound growth...

Software firms partner for global effort

July 2, 2010

Bond International Software and Newbury Consulting Group announced a partnership to market an offering that can integrate front and back office software on a global basis for large staffing firms.

The joint effort would integrate Bond's front office software with the back office PeopleSoft staffing...

U.S. adds 20,500 temporary jobs

July 2, 2010

U.S. temporary help payrolls rose by 20,500 in June, according to seasonally adjusted numbers released today by the U.S. Bureau of Labor Statistics.

Total nonfarm payrolls fell by 125,000 to 137.5 million as the number of U.S. Census workers dropped by 225,000. However, the private sector added 83,000...

No Daily News on Monday

July 2, 2010

The Staffing Industry Daily News will not be published Monday, July 5, because of the Independence Day holiday. Look for your next issue on Tuesday, July 6.

Kelly partners with Kelly

July 2, 2010

Kelly Services Inc. (NASD: KELYA) and South Africa-based Kelly Group announced a three-year global partnering agreement.

The deal will allow Kelly Services to service Kelly Group global customers in areas where Kelly Group does not have operations. It will also allow Kelly Group to service global Kelly...