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U.S. leading index edges down

March 20, 2009

The Conference Board's U.S. leading index of economic indicators released on Thursday fell 0.4% in February after revisions in January's and December's readings. It now stands at 98.5 (2004=100).


United Kingdom - Adecco, SThree, Capita

March 20, 2009

Adecco SA may be interested in buying SThree, according to news reports. And the Capita Group said it landed a contract to supply workers for the 2011 census in England and Wales. The Financial Times reported there was talk Adecco, the world's largest staffing firm, may be interested in acquiri...


Suit seeks to stop Gevity acquisition

March 20, 2009

A lawsuit to stop the acquisition of Gevity HR Inc. (NASD: GVHR) by the TriNet Group Inc. was filed in Florida, according to Gevity's 10-K filing with the U.S. Securities and Exchange Commission. The suit names the Bradenton FL-based professional employer organization, its directors and TriNet...


United Kingdom - Adecco, SThree, Capita

March 20, 2009

Adecco SA may be interested in buying SThree, according to news reports. And the Capita Group said it landed a contract to supply workers for the 2011 census in England and Wales. The Financial Times reported there was talk Adecco, the world's largest staffing firm, may be interested in acquiring...


Oklahoma City posts lowest jobless rate

March 20, 2009

Oklahoma City OK posted the lowest jobless rate in January, 5.2%, among all U.S. metropolitan areas with populations of 1 million or more, the U.S. Bureau of Labor Statistics reported Thursday. The Detroit area reported the highest unemployment rate among large metropolitan areas in January, 13.0...


February mass layoffs up year-over-year

March 20, 2009

The number of mass layoffs totaled 2,769 in February, a 65.9% increase over the same month last year, according to seasonally adjusted numbers released today by the U.S. Bureau of Labor Statistics. Initial unemployment claims associated with mass layoffs rose 61.4% year-over-year in February to 2...


Forum - Weaker firms going, unions not enemies?

March 19, 2009

Some of the weaker staffing firms already appear to be falling victim to the recession, and unions don't necessarily need to be the enemies of staffing, according to comments by CEOs of staffing firms Wednesday during the CEO keynote panel at Staffing Industry Analysts' Executive Forum in Miami B...


Contract watch - Talpro

March 19, 2009

Talpro Inc. announced this week that Cisco chose it as the staffing vendor management system for its channel partners in the U.S. and Canada. Cisco's channel partners are the resellers of Cisco products, and there are more than 2,000 channel partners in North America. Talpro's VMS will handle tem...


ZeroChaos says revenue up 40%

March 19, 2009

ZeroChaos announced Wednesday its revenue rose 40% in 2008 to almost $700 million. The company said more clients and an increase in the number of employee/consultants helped bring the growth. "Our focus on client satisfaction, solutions innovation and organic growth, including two new offices i...


Jobless claims fall 1.8%

March 19, 2009

The number of U.S. initial claims for unemployment benefits fell 1.8% to 646,000 in the week ended March 14 from the previous week's revised number of 658,000, the U.S. Department of Labor reported today. The four-week moving average of claims, however, rose 0.6% to 654,750 from the previous we...