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Oklahoma City again posts lowest jobless rate

May 28, 2008

Oklahoma City reported the lowest jobless rate in April, 2.9%, for the second month in a row among U.S. metropolitan areas with populations of 1 million or more, the U.S. Bureau of Labor Statistics reported today. The New Orleans area reported the second-lowest unemployment rate at 3.0%. Detroit...

Staffing firms could get ECG bills

May 27, 2008

Most staffing buyers who were customers of vendor management system firm Ensemble Chimes Global are not making good on their unpaid fees and staffing firms could be stuck with the bills, bankruptcy trustee Howard Ehrenberg said Friday. The bankruptcy court is requiring customers to pay management...

U.S. temp, exec search numbers down

May 27, 2008

The average number of temporary workers in the U.S. slipped in the first quarter as did the number of North American executive searches, according to reports by two industry organizations. U.S. staffing firms employed an average of 2.8 million temporary and contract workers per day in the first q...

Research from Staffing Industry Analysts

May 27, 2008

Here is a list of research reports released last week by Staffing Industry Analysts. BRIEFING - Legal staffing growth update Reports from publicly traded companies and the Staffing Industry Benchmarking Consortium suggest that legal staffing is on an improving trend. For more, click here. BRIEFIN...

Consumer confidence hits 16-year low

May 27, 2008

The Conference Board's consumer confidence index hit a 16-year low in May, the organization announced. The index now stands at 57.2, down from 62.8 in April. "Weakening business and job conditions coupled with growing pessimism about the short-term future have further depleted consumers' confiden...

Canadian staffing revenue up 8.6%

May 23, 2008

Revenue in the Canadian staffing industry rose 8.6% year-over-year to C$8.0 billion (US$6.86 billion) in 2006, Statistics Canada reported earlier this month. That compares to an increase of 17.3% in 2005. Revenue gains in 2006 came mostly from direct hire and contract staffing services, which acc...

Legal and legislative

May 23, 2008

President Bush signed the Genetic Information Nondiscrimination Act on Wednesday, a law designed to prevent employers and insurers from discriminating on the basis of genetic information. Reuters reported the law prohibits employers from using genetic information in hiring or firing as well as in...

Pomeroy founder bids again for firm

May 23, 2008

Pomeroy IT Solutions Inc. (NASD: PMRY) said it received a new offer from its founder and largest shareholder, David Pomeroy, to buy it. Pomeroy joined with private equity firm ComVest Investment Partners III LP to buy the information technology services and staffing company for $6 a share, accord...

No economic upturn indicated yet

May 23, 2008

The growth rate for the Economic Cycle Research Institute's weekly leading index (WLI) level of the U.S. economy for the week ended May 16 fell to 133.1 from the prior period's reading of 133.4. Lower index levels indicate a slowing economy. "The WLI slipped again, but its smoothed growth rate re...

No Daily News on Monday

May 23, 2008

The Staffing Industry Daily News will not be published on Monday, May 26, because of the Memorial Day holiday. Look for your next issue on Tuesday, May 27.