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Mass layoffs highest since September 2001

October 22, 2008

The number of mass layoffs in September reached the highest level since September 2001, the U.S. Bureau of Labor Statistics reported. In addition, the number of initial unemployment claims associated with mass layoffs rose to the highest level since September 2005, when Hurricane Katrina hit. The...


Computer Task Group revenue, profit rise

October 22, 2008

Third-quarter revenue at Computer Task Group Inc. (NASD: CTGX) rose 10.6% to $89.1 million, and net income increased 127.7% to $2.1 million. The Buffalo NY-based information technology staffing and solutions firm said earnings were boosted by higher margin solutions business, including its health...


Rhode Island posts highest unemployment

October 21, 2008

Rhode Island posted the highest jobless rate among all states in September at 8.8%, the U.S. Bureau of Labor Statistics reported today. Michigan reported the second-highest at 8.7%. Eight other states registered unemployment rates of 7.0% or more. They included Mississippi, 7.8%; California, 7.7%...


Research from Staffing Industry Analysts

October 21, 2008

Here is the latest research from Staffing Industry Analysts. INSIGHT - Hottest (and coldest) US staffing metro markets *Hottest markets: Baltimore, MD; Houma-Thibodaux, LA; and Fresno, CA *Weakest markets: Tampa Bay, FL; Detroit, MI; and Phoenix, AZ*41% of metros see accelerating pace of contract...


Kelly's third-quarter revenue falls

October 21, 2008

Kelly Services Inc.'s (NASD: KELYA) third-quarter revenue fell 1.9% to almost $1.40 billion. The Troy MI-based professional and commercial staffing company also posted a net loss of $12.2 million compared with net income of $15.1 million in the third quarter of last year. Kelly said the most-rece...


Hudson Highland cuts revenue estimate

October 21, 2008

The Hudson Highland Group Inc. (NASD: HHGP) said Monday it plans to announce third-quarter revenue of between $271 million and $272 million. The New York-based professional staffing firm had earlier estimated third-quarter revenue of between $290 million and $305 million. Economic weakness spread...


Manpower takes loss despite revenue increase

October 21, 2008

Manpower Inc. (NYSE: MAN) reported a 7.0% increase in third-quarter revenue, including a 3.5% increase in U.S. revenue. However, a goodwill and intangible asset impairment charge related to a 2004 acquisition in its Right Management outplacement division, cut into the bottom line. The company pos...


British agency accuses staffing firms

October 21, 2008

The United Kingdom's Office of Fair Trading raised allegations of price fixing and illegal collective boycott against eight staffing firms that provide construction staffing in that country. The exact nature of the alleged legal breaches is confidential at this point, but the alleged incidents to...


Contract Watch - Guidant, USG, Jark

October 20, 2008

Guidant Group Inc., a Houston-based managed services provider, announced it landed a contract to manage the contingent labor program at the University of Southern California. USG People, a European staffing firm, said its Start People division and Jark Recruitment, a United Kingdom-based staffing...


People

October 20, 2008

Robert Mulberger, president of NRI Staffing Resources, will receive the American Staffing Association's Leadership Hall of Fame award on Oct. 23, the association announced. Mulberger will also be honored during the opening of the association's Staffing World show taking place this week in San Die...