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Office openings - EmploymentGroup, VACO

December 31, 2008

EmploymentGroup and VACO Raleigh announced the openings of new offices. EmploymentGroup announced the opening of a new office in down Grand Rapids MI. The location is the company's second in the Grand Rapids area and will offer a more central location for its sales staff and a headquarters for it...

Westaff weighs Select offer

December 30, 2008

Westaff Inc. (NASD: WSTF) said Monday it received an offer to be acquired by Koosharem Corp., the holding company of Select Staffing, and that it agreed to a period of exclusive negotiation. Under the deal, Select would provide first lien debt for shares of Westaff owned by DelStaff LLC, valued a...

CareerBuilder - 2009 hiring down, but not out

December 30, 2008

Fewer employers plan to add staff in the New Year compared to 2008, according to CareerBuilder.com's 2009 job forecast survey of private-sector hiring managers and human resources professionals released today. Fourteen percent of employers said they plan to add full-time staff in 2009, according...

Who knew management really mattered?

December 30, 2008

Senior management may account for something after all, Jon Osborne, Staffing Industry Analysts' director of research and analysis, writes in The Contingent Blog. And certain types of senior managers may bode especially well for staffing firms. For the full blog, click here.

Consumer Confidence Index hits low

December 30, 2008

The Conference Board's Consumer Confidence Index hit an all-time low in December, the organization announced today. The index now stands at 38.0 (1985=100), down from 44.7 in November. "The further erosion of the Consumer Confidence Index reflects the rapid and steep deterioration of economic con...

TechTeam announces restructuring, staff cuts

December 30, 2008

TechTeam Global Inc. (NASD: TEAM), a Southfield MI-based information technology services and staffing company, announced today a restructuring effort that includes staff cuts because of the global economic slowdown. "These adjustments, which are substantially complete as of today, are largely in...

Adecco filling hundreds of mortgage posts

December 29, 2008

Adecco USA is filling several hundred positions for mortgage professionals thanks to lower interest rates, Jacqueline Chen Valencia, VP of public relations and corporate communications, said Thursday. The company is filling 250 positions for mortgage professionals in the Minneapolis-Bloomington a...

Is the sky falling, or was that just my 401k?

December 29, 2008

2008 proved a tough year with the economy turning sharply down, but what about 2009? Barry Asin discusses prospects for the New Year in The Contingent Blog. For the full blog, click here.

Pasona cuts first-half revenue outlook

December 29, 2008

Pasona Group Inc., a Tokyo-based staffing firm, today cut the revenue forecast for the first half of its fiscal year to 116.08 billion yen (US$1.28 billion) from an earlier forecast of 122.67 billion yen (US$1.35 billion). Pasona said the downturn in the global economy caused sales in its tempora...

Research from Staffing Industry Analysts

December 29, 2008

Here is the latest research from Staffing Industry Analysts. INSIGHT - Survey of staffing firms: What's different about highly successful staffing firms? *Analysis of survey data reveals success factors*Stable, experienced management a key driver of success*Bigger firms and those with right prior...