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Report says 693,000 jobs lost in December

January 7, 2009

The U.S. lost 693,000 private-sector jobs from November to December on a seasonally adjusted basis, according to the national employment report released today by Automatic Data processing Inc. (NYSE: ADP). Today's report includes revisions to its methodology to better accommodate difference betwe...


Resources Connection revenue down 7.9%

January 7, 2009

Resources Connection Inc. (NASD: RECN) reported revenue fell 7.9% year-over-year to $190.2 million in its fiscal second quarter ended Nov. 29. The Irvine CA-based company — which provides finance and accounting, information technology and legal personnel through its Resources Global Professiona...


American Staffing Index falls

January 7, 2009

The American Staffing Association's index measuring temporary employment fell to a reading of 81 in the week of Dec. 15 to 21, from 90 in the week of Nov. 10 to 16. The drop in the index indicates a decline in temporary staffing. The index was at 87 in the third week of December 2007. "The incr...


Stephen James Associates buys Stafford Paige

January 7, 2009

Stephen James Associates announced it acquired Stafford Paige LLC, a Bridgewater NJ-based executive search firm specializing in finance and accounting, effective Monday. Terms of the deal were not announced. Stafford Paige will take on the Stephen James brand. Stafford Paige provides retained, co...


Online job ads fall by 507,000

January 7, 2009

The number of U.S. jobs posted online dropped by 507,000 in December to 3.9 million, according to The Conference Board's measure of online help-wanted ads released today. This is the first time since the summer of 2006 that the measure has fallen below 4 million. "The sharp December drop in onl...


Stephen James Associates buys Stafford Paige

January 7, 2009

Stephen James Associates announced it acquired Stafford Paige LLC, a Bridgewater NJ-based executive search firm specializing in finance and accounting, effective Monday. Terms of the deal were not announced. Stafford Paige will take on the Stephen James brand. Stafford Paige provides retained,...


Report says 693,000 jobs lost in December

January 7, 2009

The U.S. lost 693,000 private-sector jobs from November to December on a seasonally adjusted basis, according to the national employment report released today by Automatic Data processing Inc. (NYSE: ADP). Today's report includes revisions to its methodology to better accommodate difference bet...


People - Jackson Healthcare

January 6, 2009

Jackson Healthcare named Dennis Stockwell as general counsel. Stockwell will be responsible for all legal affairs at the company. He comes to Jackson Healthcare after serving as general counsel of both TurboChef Technologies Inc. and PracticeWorks Inc.


Riverside and Detroit post highest jobless rates

January 6, 2009

The Riverside-San Bernardino-Ontario area in Southern California and the Detroit area posted the highest jobless rates in November among metropolitan areas with populations of 1 million or more, the U.S. Bureau of Labor Statistics reported today. The Riverside and Detroit areas reported jobless...


Service sector activity falls, but not as quickly

January 6, 2009

Economic activity in the U.S. service sector declined in December compared with November, but the rate of decline slowed, the Institute for Supply Management reported today. Its nonmanufacturing index rose to a reading of 40.6 in December from November's reading of 37.3. The nonmanufacturing in...