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Jobless claims edge up by 1,000

January 7, 2010

The number of U.S. initial claims for unemployment insurance for the week ended Jan. 2 rose by 1,000, or 0.2%, to 434,000 from the previous week's revised number of 433,000, the U.S. Department of Labor reported today. The four-week moving average of claims for the week ended Jan. 2 fell by 10,2...


Comsys raises revenue guidance

January 7, 2010

Comsys IT Partners Inc. (NASD: CITP) cited strengthening activity levels and raised its revenue estimate for fourth quarter of 2009. The Houston-based information technology firm now estimates fourth-quarter revenue of between $170 million and $175 million -- up from the previous guidance of $16...


Resources Connection revenue falls 36%

January 7, 2010

Resources Connection Inc. (NASD: RECN) reported revenue fell 36.1% to $121.5 million in its fiscal second quarter ended Nov. 28 on a year-over-year basis. However, revenue rose 2.7% compared with the first quarter. The Irvine CA-based firm -- which provides finance/accounting, information techno...


ADP: Private sector loses 84,000 jobs

January 6, 2010

The U.S. lost an estimated 84,000 private-sector nonfarm jobs in December on a seasonally adjusted basis, according to Automatic Data Processing Inc.'s (NYSE: ADP) monthly national employment report released today. "The December employment decline was the smallest since March of 2008," said Joel...


Service sector swings back to expansion

January 6, 2010

Economic activity in the U.S. service sector increased in December after a contraction in November, according to the Institute for Supply Management's nonmanufacturing index released today. The institute's nonmanufacturing index rose to 50.1 in December from 48.7 in November. Readings of more th...


Research from Staffing Industry Analysts

January 6, 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 is the "2009 Contingent Workers Survey: Preferences, Satisfaction and Agency Selection." 2009 Contingent Workers Survey: Preferences,...


Online job ads rise by 255,000

January 6, 2010

The number of online job ads rose by 255,000 in December to more than 3.6 million, according to The Conference Board's measure of online help-wanted ads released today. Job growth has been mildly positive since the low point in April 2009, according to The Conference Board. "Employers' modest i...


People: Korn/Ferry, Pomeroy

January 6, 2010

Korn/Ferry International Inc. (NYSE: KFY) and Pomeroy IT Solutions Inc. named new executives. Los Angeles-based executive search firm Korn/Ferry announced that Anthony LoPinto will serve as head of its North America real estate practice. LoPinto will be based in New York. He previously was CEO a...


MPS agrees to settle suits over Adecco deal

January 5, 2010

MPS Group Inc. (NYSE: MPS) announced it agreed to a settlement of two putative class action lawsuits filed in response to the planned acquisition of it by Adecco SA. A court must still OK the settlement. If approved, the lawsuits will be dismissed. The settlement calls for MPS Group to provide a...


Illinois staffing firm buys two companies

January 5, 2010

Mel Zwirn, president of Select Staffing, an Illinois-based company, announced two acquisitions. Select's industrial staffing division, Staff Force Inc., acquired Contractors Staffing Group, a construction staffing firm with an office in Tempe AZ. Staff Force also acquired Pronto Staffing, a ligh...