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Staffing buyers slow pace of payments

January 13, 2009

The speed at which staffing buyers pay staffing firms slowed slightly in December from the previous month, according to the Capital TempFunds credit index. In December, the index's reading was 113, compared with 116 in November. The higher the index number, the quicker buyers are paying. A year...


Asset Staffing buys Flex Resources

January 12, 2009

Asset Staffing Inc., a New York-based staffing firm, announced Friday it acquired Flex Resources Inc., a Parlin NJ-based staffing company that provides clerical and light industrial staffing on a contract or direct hire basis. The deal took effect Jan. 1. Terms of the transaction were not announc...


Research from Staffing Industry Analysts

January 12, 2009

Here is the latest research from Staffing Industry Analysts. INSIGHT - Staffing industry forecast: 2009 - The dark before the dawn *Staffing Industry Analysts cuts industry forecast for 2009*Segment and sector downgrades widespread*No sign of economic recovery yet


Contract worker layoffs, hirings

January 12, 2009

Companies reducing the number of contract workers being used include Boeing, according to news reports. Meanwhile, a state agency has hired temporary workers to handle the upswing in jobless claims. Boeing said Friday it would cut 4,500 jobs in 2009, and CNNMoney.com reported that a reduction i...


Contract worker layoffs, hirings

January 12, 2009

Companies reducing the number of contract workers being used include Boeing, according to news reports. Meanwhile, a state agency has hired temporary workers to handle the upswing in jobless claims. Boeing said Friday it would cut 4,500 jobs in 2009, and CNNMoney.com reported that a reduction in...


Employment index points to more job losses

January 12, 2009

The Conference Board's employment trends index fell in December, and the organization's senior economist said the U.S. could lose another 2 million jobs in 2009. The index declined to a reading of 99.6 in December from November's revised reading of 101.2. Year-over-year, the reading is down alm...


People - Kforce, Global Employment

January 12, 2009

Kforce Inc. (NASD: KFRC) and Global Employment Holdings Inc. (OTCBB: GEYH.OB) both announced executive personnel changes. Kforce said Chief Sales Officer Stephen McMahan declined to accept a modified role with the company and was terminated, according to a filing Friday with the U.S. Securities...


Report - Job cuts to again outnumber gains

January 12, 2009

More U.S. employers plan to cut jobs in January than add positions, according to the leading indicators of national employment report from the Society for Human Resource Management. This is only the second time since the report began in 2004 it found that both manufacturing and service-sector e...


Canada sheds some 34,000 jobs in December

January 12, 2009

Canada lost more than 34,000 jobs in December, with total employment at 17.1 million, Statistics Canada reported Friday. Canada's unemployment rate rose to 6.6% in December from 6.3% in November. The number of full-time jobs fell by some 70,700 in December, but part-time jobs increased by appro...


Canada sheds some 34,000 jobs in December

January 12, 2009

Canada lost more than 34,000 jobs in December, with total employment at 17.1 million, Statistics Canada reported Friday. Canada's unemployment rate rose to 6.6% in December from 6.3% in November. The number of full-time jobs fell by some 70,700 in December, but part-time jobs increased by approxi...