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Arcadia home, medical staffing revenue up

February 9, 2009

Arcadia Resources Inc. (AMEX: KAD) reported that revenue in its home care/medical staffing segment rose 6.4% to $24.5 million in its fiscal third quarter ended Dec. 31. However, its non-medical staffing revenue fell 48.2% to $3.7 million. Full third-quarter revenue fell 5.3% to $35.2 million at...


CDI lowers guidance

February 9, 2009

CDI Corp. (NYSE: CDI) said today it expects to report a fourth-quarter revenue decline of between 15% and 16% from the same period a year ago (9% on a constant currency basis). It previously estimated a revenue decline of between 9% and 12% (or 4% to 6% on a constant currency basis). In addition,...


Bombardier cutting 1,010 temps, adding workers

February 6, 2009

Aircraft maker Bombardier Aerospace announced Thursday it would cut 1,010 temporary workers and contractors as part of a workforce reduction along with 350 of its own workers. The company, however, said it still plans to recruit more than 830 people to work on new aircraft. The workforce reduct...


Bombardier cutting 1,010 temps, adding workers

February 6, 2009

Aircraft maker Bombardier Aerospace announced Thursday it would cut 1,010 temporary workers and contractors as part of a workforce reduction along with 350 of its own workers. The company, however, said it still plans to recruit more than 830 people to work on new aircraft. The workforce reductio...


Weekly leading index falls

February 6, 2009

The growth rate for the Economic Cycle Research Institute's weekly leading index measuring the U.S. economy contracted 24.7% in the week ended Jan. 30; it had contracted 24.0% in the prior period. The index level is now 106.1. "With the [weekly leading index] falling for the fourth straight wee...


BRIEFING - JANUARY EMPLOYMENT BULLETIN

February 6, 2009

Temp jobs down 76,000 in January Temporary help payrolls fell by 76,000 jobs in January, the 24th monthly reduction in temp jobs out of the last 25 months. The decline represented a 22.7% drop on a year-over-year basis, the largest decline since the BLS began tracking temporary staffing employme...


Services to add jobs, manufacturers to cut

February 6, 2009

U.S. service-sector employers plan to add jobs in February, but at a much slower pace than a year ago, according to the leading indicators of national employment report from the Society for Human Resource Management. Manufacturing employers plan to cut more personnel than they hire. The report's...


Spherion index - Employee confidence rises

February 6, 2009

Employees grew more confident in January, according to Spherion Corp.'s (NYSE: SFN) employee confidence index. The measure rose 2.3 points to a reading of 42.7 in January, up from December's low of 40.4. The index's survey found that fewer workers felt the economy was getting weaker in January...


Weekly leading index falls

February 6, 2009

The growth rate for the Economic Cycle Research Institute's weekly leading index measuring the U.S. economy contracted 24.7% in the week ended Jan. 30; it had contracted 24.0% in the prior period. The index level is now 106.1. "With the [weekly leading index] falling for the fourth straight week...


Spherion index - Employee confidence rises

February 6, 2009

Employees grew more confident in January, according to Spherion Corp.'s (NYSE: SFN) employee confidence index. The measure rose 2.3 points to a reading of 42.7 in January, up from December's low of 40.4. The index's survey found that fewer workers felt the economy was getting weaker in January —...