Growth, Market Sizes and Forecast

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GDP and unemployment projections

October 27, 2009

GDP is growing, but so is unemployment
Disagreement on strength of GDP recovery
GDP projections more optimistic than those made earlier in the year

Economic indicators update

October 14, 2009

ECRI index very bullish
Both ISM indices now expansionary
But unemployment claims remain elevated

Resetting the Staffing Button, SI Review October 2009

October 13, 2009

Start over with a clean slate.

Staffing Industry Stock Index analysis

October 1, 2009

SISI up 4.3% for the month, 15 gainers, 5 decliners
Manpower, KForce, Spherion, Volt, and CTG reach 52wk highs
Hudson Highland and On Assignment trade places

Marketing/creative staffing growth update

September 28, 2009

August pulse survey shows y/y contraction of 25% but with sequential improvement from month to month
Employment declines in key industries appear to have moderated
Risk of slight downgrade to segment in upcoming 2009 forecast

Outplacement growth update

September 24, 2009

Big players see 2Q revenue up sharply y/y
But prospects for sector are weakening
SIA projects 2010 down 10%

Retained search growth update

September 11, 2009

Ouch: revenue down 43% y/y
But some sequential signs of life
Firms caution: no signs of internal hiring

Economic indicators update

September 9, 2009

ECRI index reaches 38-year high: says economic growth to "snap-back"
Conference Board leading index incrementally positive
ISM: Nonmanufacturing employment regains lost footing from July
First-time claims for unemployment stall in 550k-600k range

IT solutions growth update

September 8, 2009

Median firms down 2.9%, larger firms outperform
Firms report stabilization, but pricing pressure still prevails
Spending cut for H-1B visas

Staffing Industry Stock Index analysis

September 1, 2009

SISI up 7.1% for the month, 14 gainers, 6 decliners
Manpower and KForce reach 52wk highs
Earnings beats driven by cost-cutting