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ADP report: U.S. lost 473,000 jobs in June

July 1, 2009

The U.S. lost 473,000 private-sector nonfarm jobs between May and June on a seasonally adjusted basis, according to the National Employment Report released today by Automatic Data Processing Inc. (NYSE: ADP). It also revised downward its estimate of jobs lost in the previous month to 485,000 from...


People: Korn/Ferry, Corestaff

July 1, 2009

Korn/Ferry International Inc. (NYSE: KFY) named a new president for its Europe, Middle East and Africa operations. Corestaff Services appointed two new executives. Korn/Ferry's new president for Europe, the Middle East and Africa is Bernard Zen-Ruffinen, and he will be based in Zurich. He comes t...


Indemnification agreements: The dark side

July 1, 2009

Indemnification agreements can be scary for staffing firms, but staffing buyers should be concerned as well. Staffing Industry Analysts Director of Research Jon Osborne writes about indemnification agreements in The Contingent Blog. For the full blog, click here.


U.S. manufacturing activity improving

July 1, 2009

The U.S. manufacturing sector continued to contract in June but at a slower rate than in May, according to the Institute for Supply Management's key purchasing managers' index for manufacturing released today. The index rose to a level of 44.8 in June from 42.8 in May. However, only readings of m...


Indemnification agreements: The dark side

July 1, 2009

Indemnification agreements can be scary for staffing firms, but staffing buyers should be concerned as well. Staffing Industry Analysts Director of Research Jon Osborne writes about indemnification agreements in The Contingent Blog. For the full blog, click here.


People: Korn/Ferry, Corestaff

July 1, 2009

Korn/Ferry International Inc. (NYSE: KFY) named a new president for its Europe, Middle East and Africa operations. Corestaff Services appointed two new executives. Korn/Ferry's new president for Europe, the Middle East and Africa is Bernard Zen-Ruffinen, and he will be based in Zurich. He comes...


Survey: 15% of employers to add staff

July 1, 2009

Fifteen percent of employers plan to increase full-time staff in the third quarter, according to the quarterly job forecast survey from CareerBuilder.com and USA Today. Another 10% plan to cut staff, 68% anticipate no change and 7% are unsure. In comparison, 18% of employers said they increased...


Monster index down one point in June

July 1, 2009

The Monster Worldwide Inc. (NYSE: MWW) employment index fell one point in June from May to a reading of 117. Year-over-year, the index is down 46 points. "While U.S. online job availability has remained largely flat since January, the annual pace improved during the second quarter, suggesting so...


ADP report: U.S. lost 473,000 jobs in June

July 1, 2009

The U.S. lost 473,000 private-sector nonfarm jobs between May and June on a seasonally adjusted basis, according to the National Employment Report released today by Automatic Data Processing Inc. (NYSE: ADP). It also revised downward its estimate of jobs lost in the previous month to 485,000 fro...


Monster index down one point in June

July 1, 2009

The Monster Worldwide Inc. (NYSE: MWW) employment index fell one point in June from May to a reading of 117. Year-over-year, the index is down 46 points. "While U.S. online job availability has remained largely flat since January, the annual pace improved during the second quarter, suggesting som...