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Manufacturing activity shrinks at slower pace

April 1, 2009

Economic activity in the U.S. manufacturing sector declined further in March, but at a slower rate than in February, the Institute for Supply Management reported today. The institute's key purchasing managers' index for manufacturing posted a reading of 36.3 in March, up from February's reading...


General Employment selling stake, CEO resigns

March 31, 2009

General Employment Enterprises Inc.'s (AMEX: JOB) will sell a controlling stake in itself to PSQ LLC, and President and CEO Herbert Imhoff Jr. will resign, the company announced Monday. The Oakbrook Terrace IL-based company will issue 7.7 million new shares of stock to PSQ for a total price of $1...


Consumer confidence index roughly flat

March 31, 2009

The Conference Board's consumer confidence index was roughly flat in March after falling to an all-time low in February, the organization reported today. The index stands at 26.0 (1985=100), up from 25.3 in February. "Apprehension about the outlook for the economy, the labor market and earnings c...


Empresaria revenue up 40.5% with acquisitions

March 31, 2009

United Kingdom-based staffing firm the Empresaria Group PLC posted a 40.5% increase in revenue to GBP207.7 million (US$300.7 million) for full-year 2008. Acquisitions and disposals added GBP41.5 million to revenue. 2008 gross margin narrowed to 24.8% from 28.7% in the previous year. Empresaria...


Official took $1.9 million in bribes from staffing firms

March 31, 2009

A senior investigator with the New Jersey Department of Labor and Workforce Development pleaded guilty Monday to accepting almost $1.9 million in bribes from at least 20 owners and operators of temporary staffing firms as well as tax evasion, according to the U.S. Attorney's Office for the Dist...


General Employment selling stake, CEO resigns

March 31, 2009

General Employment Enterprises Inc.'s (AMEX: JOB) will sell a controlling stake in itself to PSQ LLC, and President and CEO Herbert Imhoff Jr. will resign, the company announced Monday. The Oakbrook Terrace IL-based company will issue 7.7 million new shares of stock to PSQ for a total price of...


Where staffing isn't plummeting

March 31, 2009

Where is staffing still relatively strong in this bleak economic environment? Staffing Industry Analysts Director of Research and Analysis Jon Osborne maps out those areas in The Contingent Blog. For the full blog, click here.


Research from Staffing Industry Analysts

March 31, 2009

Here is the latest research from Staffing Industry Analysts. INSIGHT - 2009 Staffing Company Survey: Staffing Companies' Attitudes, Practices and Strategies - Initial Findings*902 unique staffing firms share their opinions*Second annual Staffing Industry Analysts' staffing firm survey*Cost cuttin...


Empresaria revenue up 40.5% with acquisitions

March 31, 2009

United Kingdom-based staffing firm the Empresaria Group PLC posted a 40.5% increase in revenue to GBP207.7 million (US$300.7 million) for full-year 2008. Acquisitions and disposals added GBP41.5 million to revenue. 2008 gross margin narrowed to 24.8% from 28.7% in the previous year. Empresaria re...


Consumer confidence index roughly flat

March 31, 2009

The Conference Board's consumer confidence index was roughly flat in March after falling to an all-time low in February, the organization reported today. The index stands at 26.0 (1985=100), up from 25.3 in February. "Apprehension about the outlook for the economy, the labor market and earnings...