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TeamStaff names division president

October 22, 2008

TeamStaff Inc. (NASD: TSTF) promoted Kevin Wilson to president of its government solutions division. Wilson previously served as director of the division. He joined the company in June 2007 and was formerly director of strategic alliances for Varec Inc. TeamStaff provides healthcare, logistics an...


Europe mandates equal pay for temps

October 22, 2008

The European Parliament voted to require that temporary workers engaged through temporary agencies receive the same pay as traditional full-time workers. Temps will also get equal treatment as far as working conditions such as holidays, rest periods and maternity leave. Temps' equal benefits must...


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...