Growth, Market Sizes and Forecast

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Survey of Professional Forecasters

August 13, 2008

Real GDP growth projected: 3Q08 to be 1.2%, 4Q08 to be 0.7%
Unemployment to reach 6.0%
U.S. economy to start adding jobs again in 2Q09

Economic indicators update

August 8, 2008

ECRI weekly leading index contracts further
Jobless claims up, but new program may play role in increase
Services sector better than expected, but still no growth

Staffing Industry Stock Index analysis

August 1, 2008

SISI Index falls 0.8% in July
16 firms up, 5 down
European weakness hits some international firms

BRIEFING -- JUNE EMPLOYMENT SITUATION

July 3, 2008

Temp jobs off 30,400
Staffing weighs heavily in U.S. June job loss
Unemployment stable at 5.5%
Place and search cutting staff

Most economic signals negative in June

July 3, 2008

Broad economic indices still negative, but not getting worse
U.S. manufacturing sector grows, service sector contracts
Jobless claims rise

Staffing stock index falls 6.2% in June

July 2, 2008

Nonetheless staffing stocks outperformed broader market, S&P down 8.6%
Decline comes amid continuing concerns over economy, oil prices
No staffing stocks reach new highs

BRIEFING -- Healthcare staffing 2008-2009 forecast, June update

June 30, 2008

2008 healthcare forecast lowered to 5.0%
Allied healthcare losing steam
Locums, nursing performing as expected

U.S. economic stall persists

June 9, 2008

ECRI index above March lows
Conference Board Leading Index flattening out
Manufacturing contracted, but at a slower pace
Service sector expansion slows

MAY EMPLOYMENT SITUATION

June 6, 2008

Temp jobs off 29,600
Nonfarm jobs see fifth month of decline
Unemployment spikes to 5.5%
Weak prospects for place & search

Philadelphia Fed lowers 2Q GDP forecast

May 16, 2008

Economy expected to hit bottom in 2Q with 0.2% growth
Unemployment to peak at 5.5%
Turnaround projected by 4Q