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Oklahoma City posts lowest jobless rate

February 4, 2009

Oklahoma City OK reported the lowest jobless rate, 4.6%, among large metropolitan areas with populations of 1 million or more, the U.S. Bureau of Labor Statistics reported today. It was followed by the Washington DC area at 4.7%. The Detroit area posted the highest jobless rate in December at 10....


ADP report - U.S. loses 522,000 jobs

February 4, 2009

The U.S. lost 522,000 private-sector nonfarm jobs from December to January on a seasonally adjusted basis, according to the national employment report released today by Automatic Data Processing Inc. (NYSE: ADP). It also revised upward the number of jobs lost between November and December by 34,0...


Workway buys healthcare staffing firm

February 4, 2009

Workway, a Burbank CA-based staffing firm, said it acquired Outsource Medical Inc., of El Segundo CA, effective Tuesday. Outsource Medical provides travel and per diem nursing and allied healthcare staffing; its clients include several Southern California hospitals. Terms of the deal were not a...


Service sector's contraction slows in January

February 4, 2009

Economic activity in the U.S. service sector contracted in January, but at a slower rate than in December, according to the Institute for Supply Management's nonmanufacturing index released today. The index rose to 42.9 in January from 40.1 in December. Index readings above 50 indicate expansion....


Research from Staffing Industry Analysts

February 4, 2009

Here is the latest research from Staffing Industry Analysts. BRIEFING - Analysis of Manpower 4Q08 earnings release*4Q08 U.S. revenue down 15% y/y on an organic basis*France down 21% on ailing automotive industry's cutbacks on CW spend*Right Management thriving, up 20%


Radia Holdings CEO steps down

February 4, 2009

Radia Holdings Inc., a Tokyo-based firm that provides staffing and other services, said its representative director and CEO Takeo Isaji has resigned for personal reasons. Charles Abadie, representative director and chairman, will take on the CEO role as well. Abadie is the former president and CE...


Synergie says revenue up 1%

February 4, 2009

Synergie SA, a Paris-based staffing firm with operations in Europe and Canada, said revenue rose 1% to euro1.2 billion (US$1.69 billion) in 2008. The increase was 2.5% in constant currency. Synergie said its outplacement division's revenue rose 39.5% in 2008. It also acquired Dutch staffing fir...


ASA index falls in January

February 4, 2009

The American Staffing Associations' index measuring temporary employment fell to 73 the week of Jan. 12 from a reading of 81 in the week of Dec. 15. The index measures changes in the number of temporary and contract workers both weekly and monthly. The index's baseline value of 100 was set in Jun...


Comsys plans goodwill impairment charge

February 3, 2009

Comsys IT Partners (NASD: CITP)said it will take a noncash charge for goodwill impairment in the fourth quarter and expects to report a loss for the quarter and the year ended Dec. 28. The charge will cover some or all of the $175.0 million in goodwill the company had as of Sept. 28. The impair...


ABR buys the Kinsa Group

February 3, 2009

ABR Employment Services, a Madison WI-based staffing firm, announced Monday it completed its acquisition of the Kinsa Group and iHobNob.com. The Kinsa Group is a Franklin WI-based executive search firm specializing in the food and beverage industry, and iHobNob.com is a job board for the food a...