Daily News

Daily News-Staffing Industry Analysts RSS Feed Get the RSS Feed

Job openings, hires and separations drop

December 9, 2008

The number of U.S. job openings dropped by approximately 992,000 year over year in October to almost 3.1 million, the U.S. Bureau of Labor Statistics reported today. There were more than 4.0 million job openings in October 2007. The job openings rate was 2.2% in October compared with 2.8% in the...

Contract watch - Adecco

December 8, 2008

Adecco Group North America said it received a multi-year recruitment process outsourcing contract with The Corporate Executive Board, a Washington DC-based research and analysis firm. The deal calls for recruitment of sales executives for the Corporate Executive Board who will be assigned worldwi...

People - Monster, General Employment, Poolia

December 8, 2008

Monster Worldwide Inc. (NYSE: MWW) named T.L. McCreary as president of its Military.com division. McCreary retired from the military as a rear admiral after 27 years of service in 2006. McCreary was a special assistant to the chairman of the Joint Chiefs of Staff at the Pentagon when it was attac...

Employment trends index falls

December 8, 2008

The Conference Board's employment trends index fell to a reading of 102.9 in November, down from October's reading of 104.5. Year over year, November's reading is down 13%. "Thus far the U.S. economy has lost 1.9 million jobs and the declines in the [employment trends index] suggest job losses co...

Staffing buyers keep quicker pace of payments

December 8, 2008

The speed at which buyers of staffing services pay staffing firms was unchanged in November from October at a reading of 116, according to the Capital TempFunds credit index. Buyers are continuing to pay more quickly than in September, when the index was at 105. "Staffing companies continue to sh...

Spherion worker confidence index edges up

December 8, 2008

Spherion Corp.'s (NYSE: SFN) employee confidence index edged up in November after falling to a new low in October. The index's November reading was 42.0, up 0.5 points from the previous month. The index's survey found that 73% of workers said the economy was getting weaker, compared with 77% in t...

Honors - Pinnacle, Aerotek, Veredus, SkillStorm

December 8, 2008

Pinnacle Technical Resources, a Dallas-based staffing firm, announced it was recently honored four times. Southern Methodist University's Cox School of Business and the Dallas Business Journal named it the sixth-fastest growing firm in the Dallas/Fort Worth metropolitan area. The Dallas/Fort Wort...

Ho, Ho, No!

December 5, 2008

A staffing firm in England told its workers to leave a controversial holiday attraction in order to protect their safety. Staffing Industry Report Senior Editor Craig Johnson looks at the coverage of the incident in The Contingent Blog. For more, click here.

Research from Staffing Industry Analysts

December 5, 2008

Here is the latest research from Staffing Industry Analysts. INSIGHT - Legal staffing growth update *M&A, structured finance, real estate drag down legal demand*Demand in counter-cyclical business only partially offsets weak areas*2008 growth forecast reduced from 8.0% to 6.0% For the full Insigh...

Leading index uptick, but trend doesn't end

December 5, 2008

The growth rate for the Economic Cycle Research Institute's weekly leading index measuring the U.S. economy contracted 28.5% in the week ended Nov. 28; it had contracted 29.2% in the prior period. The index level is now 109.9. "Despite the first uptick in [weekly leading index] growth since mid-S...