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Spherion employee confidence index unchanged

October 3, 2008

Spherion Corp. (NYSE: SFN) said its employee confidence index was virtually unchanged in September, slipping only 0.3 points to 47.3 in September. U.S. workers' confidence in the future of their current employer fell two percentage points to 63% in September, according to the index's survey. Howe...


Service sector growth posts slight decline

October 3, 2008

Economic activity in the U.S. service sector edged down slightly in September, but still posted growth. The Institute for Supply Management's nonmanufacturing index slipped to 50.2 in September from 50.6 in August. Readings above 50 indicate expansion. The employment portion of the index fell to...


Westaff signs new forbearance agreement

October 3, 2008

Westaff Inc. (NASD: WSTF) said this week it entered into another forbearance agreement with U.S. Bank and Wells Fargo Bank that will last until Nov. 21. The forbearance agreement will give Westaff more time to hammer out a longer-term agreement with the banks. In May, the banks notified Westaff a...


Resources Connection revenue up 6.8%

October 3, 2008

Resources Connection Inc. (NASD: RECN) reported a 6.8% increase in revenue to $207.3 million for its fiscal first quarter ended Aug. 30. The Irvine CA-based company, which provides finance and accounting, information technology and legal personnel through its Resources Global Professionals subsid...


Monster index edges up

October 2, 2008

The Monster Worldwide Inc. (NASD: MNST) employment index rose one point to 160 in September from August. However, the index was still down 26 points from its September 2007 reading of 186. "The modest rise in the Monster employment index in September reflects the typical pick up seen in overall r...


23% to add staff in fourth quarter

October 2, 2008

In the fourth quarter, 23% of employers plan to add full-time staff, according to a study by CareerBuilder.com and USA today. The number represents a slight decline from the companies' report for the third quarter. The fourth-quarter report also found that 10% of employers plan to cut staff, and...


Contract watch - MPS Group

October 2, 2008

MPS Group Inc.'s (NYSE: MPS) Modis information technology staffing division was awarded vendor status by the University of Michigan Medical Center of Information Technology for its project management office. Modis will be one of three vendors to help fill all levels of IT positions on a contract,...


Research from Staffing Industry Analysts

October 2, 2008

Here is the latest research from Staffing Industry Analysts. BRIEFING - Staffing Industry Stock Index analysis *SISI falls 7.1% in September; 19 firms down, 2 up *Global turmoil from financial services permeates the broader economy *Cross Country Healthcare is biggest boost to SISI, Manpower is b...


People

October 2, 2008

Kforce Inc. (NASD: KFRC) promoted Andrew Wilkinson to market president of the company's Northern California operations. He was previously market VP for Northern California. Spherion Corp. (NYSE: SFN) named Greg Eierman as VP of operations for its recruitment process outsourcing services division....


Adecco renews Olympic program

October 2, 2008

Adecco SA, the world's largest staffing firm, extended its contract with the International Olympic Committee for the "IOC Athlete Career Programme" aimed at getting Olympic athletes jobs both during and after their athletic careers. Adecco will now work with the International Olympic Committee on...