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Executive Forum - Hiring internal salespeople

March 7, 2008

When hiring internal salespeople for your staffing firm, experience counts along with other qualifications, according to a panel discussion on best practices in recruiting and training internal staff Thursday at the Staffing Industry Executive Forum in Lake Las Vegas NV. Panel member Scott Wintri...


Canadian employment rate reaches record

March 7, 2008

Employment in Canada rose by 43,300 jobs month-over-month in February with employment at more than 17.1 million and the employment rate at a record high of 63.9%, Statistics Canada reported today. Much of the employment gains took place in Ontario. In addition, the Canadian unemployment rate was...


USG People profit is below analysts' estimate

March 7, 2008

Netherlands-based staffing firm USG People reported fourth-quarter net income of euro35.9 million (US$52.9 million), up from euro16.7 million in the fourth quarter of 2006. However, analysts had estimated net income of euro44.0 million, according to Reuters. USG's fourth-quarter revenue rose 5.5%...


Executive Forum - Ex-secretary of labor discusses economy

March 7, 2008

Robert Reich, former U.S. Secretary of Labor, delivered a keynote address on the economy and other public policy issues of interest to the staffing industry Thursday at the Staffing Industry Executive Forum in Lake Las Vegas NV. In addition to high food and energy prices, banks have remained pens...


Jobless claims fall by 24,000

March 6, 2008

In the week ended March 1, the advance figure for seasonally adjusted initial unemployment claims was 351,000, a decrease of 24,000, or 6.4 %, from the previous week's revised figure of 375,000. The four-week moving average was 359,500, a decrease of 1,500 from the previous week's revised average...


Medical Staffing Network net loss narrows

March 6, 2008

Fourth-quarter net loss at Medical Staffing Network Holdings Inc. (NYSE: MRN) narrowed to $963,000 from $24.8 million in the fourth quarter of 2006. The net loss in the fourth quarter included a goodwill impairment of $700,000, a restructuring charge of $200,000, and a non-cash tax provision of $...


Beige Book - Demand for temps mixed

March 6, 2008

Demand for temporary workers appeared to be mixed, according to the U.S. Federal Reserve Beige Book report released Wednesday. Weaker demand for temporary labor compared with a year ago was cited by the Federal Reserve Districts in Boston, New York, Richmond VA, and Atlanta. However, stable to in...


Korn/Ferry net income rises 10.4%

March 6, 2008

Third-quarter profit rose 10.4% at Korn/Ferry International Inc. The executive search firm posted net income of $16.3 million, up from $14.7 million in the third quarter of the previous year. Revenue rose 21.7% to $201.2 million in the quarter, up from $165.2 million in the same period in the pre...


Executive Forum - Leading in a time of change

March 6, 2008

Staffing Industry Analysts' 2008 Executive Forum began Wednesday in Lake Las Vegas NV. The only constant in staffing is change, said Barry Asin, Staffing Industry Analysts' executive VP and chief analyst in his keynote address on Wednesday morning. The first day's topics ranged from driving resul...


Monster employment index rises

March 6, 2008

The Monster Worldwide Inc. (NASD: MNST) employment index rose five points in February to a reading of 165 from a January reading of 160. But it's still down from the year-ago reading of 177. "While the Monster employment index's five-point rise in February is relatively modest compared to prior y...