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Select parent buying Resolve assets

January 31, 2008

Select Staffing's parent company, Koosharem Corp., struck a deal to buy assets of Resolve Staffing Inc. (OTCBB: RSFF.OB), a Cincinnati-based staffing firm and professional employer organization. Resolve's assets are being sold by its lenders, and the Select deal doesn't include Resolve's liabilit...


Temporary Jobs Guidebook - 20 Fast Facts

January 31, 2008

Staffing Industry Analysts recently released its Temporary Jobs Guidebook, an evaluation of nearly 500 occupations in terms of temporary staffing market size, penetration, growth, and more. Upgraded corporate members can click here to get 20 fast facts to know about the direction of the market.


TrueBlue profit falls 33%

January 31, 2008

Fourth-quarter net income fell 33.4% at TrueBlue Inc. (NYSE: TBI), formerly known as Labor Ready Inc. Fourth-quarter revenue, however, rose 4.6%. TrueBlue reported net income of $14.4 million in the fourth quarter, down from $21.6 million in the fourth quarter of 2006. The 2006 quarter included a...


Unemployment claims rise by 69,000

January 31, 2008

In the week ended Jan. 26, the advance figure for seasonally adjusted initial unemployment claims was 375,000, an increase of 69,000, or 22.5%, from the previous week's revised figure of 306,000. This is the highest level since early October and the largest weekly jump since Sept. 2005 following...


Online job ads decline

January 30, 2008

The number of U.S. jobs posted online fell 5% month-over-month in January to approximately 3.4 million, according to The Conference Board's online help-wanted advertising survey. Year-over-year the number of ads rose 7%, one of the smallest increases since The Conference Board began measuring onl...


American Staffing Association index falls

January 30, 2008

The American Staffing Association's index measuring temporary employment was at 99 in January, down from 108 in December. The decline follows the holidays and January is also, typically, the slowest month for staffing, according to the organization. The index measures changes in the number of tem...


Financials - General Employment Enterprises Inc.

January 30, 2008

General Employment Enterprises Inc. (AMEX: JOB) For the first quarter ended Dec. 31, 2007, compared with the same period in the previous year. Revenue: $3.96 million, -18.2% Net loss: $227,000 vs. net income of $296,000


GDP growth weak, but report finds 130,000 jobs

January 30, 2008

Real gross domestic product increased at an anemic annual rate of 0.6% in the fourth quarter of 2007, according to advance estimates released today by the U.S. Department of Commerce. The growth rate is down from 4.9% in the third quarter. Economists polled in the Federal Reserve Bank of Philadel...


Robert Half fourth-quarter profit rises 4.6%

January 30, 2008

Fourth-quarter net income at Robert Half International Inc. (NYSE: RHI) rose 4.6% year-over-year while fourth-quarter revenue increased 15.1%. Robert Half reported fourth-quarter net income of $78.8 million compared with $75.4 million in the same period of 2006. Revenue rose to $1.22 billion in t...


TeamStaff sells per diem division

January 30, 2008

TeamStaff Inc. (NASD: TSTF) sold its Nursing Innovations division to St. Louis-based healthcare staffing firm Temps Inc. Terms of the deal were not announced, although the deal is expected to close Thursday. Nursing Innovations, based in Memphis TN, provided per diem healthcare staffing services....