INSIGHT— Economic growth and temporary employment — How strong is the relationship?
*Strong correlation of 0.84 between GDP and temporary employment growth
*On average, temporary employment grows when GDP growth is above 1.7%, contracts when below 1.7%
*Regression plotting temp. on y-axis and GDP on x-axis yields steep slope of 4.9

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INSIGHT— Hottest (and coldest) U.S. staffing metro markets
*Hottest markets: Baltimore, MD; Houma-Thibodaux, LA and Fresno, CA
*Weakest markets: Tampa Bay, FL; Detroit, MI and Phoenix, AZ
*41% of metros see accelerating pace of contraction

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BRIEFING — European parliament mandates euqality for temps
*Requires temps receive same pay, working conditions
*Temps would get equal pay on first day, except in the U.K.
*EU members have three years to implement rules

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BRIEFING — Day temp turbulence in Japan
*Fullcast's operations suspended for one month
*Firm plans to get out of temp staffing on a day-by-day basis
*Government may prohibit practice

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BRIEFING — Analysis of Manpower 3Q08 earnings release
*Organic revenue down 12% in U.S., down 8% in France
*Other EMEA revenue up 6% organically
*Fourth quarter guidance of 5% to 7% year-over-year decline in constant currency

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BRIEFING — Analysis of Robert Half 3Q08 earnings release
*Total third quarter revenue decreases 1.6% year-over-year
*Second consecutive quarter of U.S. contraction
*Fourth quarter guidance of double-digit year-over-year revenue decrease

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