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ADP report says U.S. lost 8,000 jobs

October 1, 2008

The U.S. lost 8,000 private-sector nonfarm jobs in September, on a seasonally adjusted basis, according to the national employment report released today by Automatic Data Processing Inc. (NYSE: ADP). However, the number does not reflect the strike of 27,000 machinists at The Boeing Co. and job lo...


GW Premier becomes Radia International

October 1, 2008

Dedham MA-based staffing organization GW Premier America Inc. changed its name to Radia International effective today. The name change comes as the firm's majority shareholder, Tokyo-based Goodwill Group Inc., changed its own name to Radia Holdings Inc. GW Premier America ranks as the 14th larges...


Number of online job ads down 4.7%

October 1, 2008

The number of U.S. jobs posted online fell to approximately 4.4 million in September, a drop of 215,600, or 4.7% from August, according to seasonally adjusted numbers from The Conference Board's measure of online help-wanted ads. Compared to September 2007, the number of online ads fell 6.2%. "Al...


Economic activity in manufacturing drops

October 1, 2008

Economic activity in the U.S. manufacturing sector fell in September to its lowest level since October 2001, the Institute for Supply Management (ISM) reported today. The ISM's key purchasing managers' index for manufacturing, released today, registered 43.5 in September, down from 49.9 in August...


Mastech spinoff is complete

October 1, 2008

Mastech Holdings Inc.'s (AMEX: MHH) spinoff from information technology services firm iGate Corp. (NASD: IGTE) is complete, the companies announced today. Mastech encompasses the former professional services businesses of iGate, including its IT staffing operations and RPOworldwide subsidiary. Th...


Research from Staffing Industry Analysts

October 1, 2008

Here is the latest research from Staffing Industry Analysts. INSIGHT - 2008-2009 Staffing industry forecast: September update *Staffing Industry Analysts cuts industry forecast for 2008 and 2009*Financial services meltdown taking its toll*Segment and sector downgrades widespread For the full Insi...


Pasona revenue slips 2%, profit falls 60%

September 30, 2008

Tokyo-based staffing firm Pasona Group Inc. said revenue fell 2.2% to 59.14 billion yen (US$543.7 million) in its fiscal first quarter ended Aug. 31 compared with the same period in the previous year. Net income fell to 313.0 million yen (US$2.9 million), down 60.6%. Pasona said a downturn in the...


Westaff sells Australia, New Zealand operations

September 30, 2008

Westaff Inc. (NASD: WSTF) announced a deal today to sell its Australian and New Zealand operations. The buyer is Humanis Blue Pty. Ltd., a division of Melbourne, Australia-based Humanis Group Ltd. Plans call for Humanis to pay approximately $13 million in cash at closing plus $2.5 million in one...


California area posts highest jobless rate

September 30, 2008

The Riverside-San Bernardino-Ontario area in Southern California posted the highest unemployment rate in August, 9.2%, among metropolitan areas with a population of 1 million or more, the U.S. Bureau of Labor Statistics reported today. The Detroit area, which had posted the highest jobless rate a...


Consumer confidence edges up

September 30, 2008

The Conference Board Consumer Confidence Index edged up in September. It now stands at 59.8 (1985=100), compared with 58.5 in August. "September's increase in the Consumer Confidence Index was due solely to an improvement in the short-term outlook," said Lynn Franco, director of The Conference Bo...