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Canadian employment falls by almost 19,000

January 11, 2008

Employment in Canada fell by almost 19,000 month-over-month in December with employment still at more than 17.0 million, Statistics Canada reported today. And, although the number of jobs fell 0.1% between December and November, the number was still up 2.2% from December 2006. The Canadian unemp...


Court allows health mandates during appeal

January 11, 2008

The Ninth Circuit Court of Appeals on Jan. 9 ruled the city of San Francisco may require employers to make healthcare expenditures while the city appeals a court decision last month against the mandate. The requirement that businesses spend on healthcare is part of a plan, Healthy San Francisco,...


Goodwill offices to temporarily close

January 11, 2008

The Goodwill Group, a Tokyo-based staffing company with holdings in the United States, was ordered by the Japanese government to close 67 of its Japanese branches for four months and the remainder for two months as punishment for illegal business practices, Reuters reported. The company had earl...


Economic gauge's growth rate contracts

January 11, 2008

The growth rate for the Economic Cycle Research Institute's forward-looking gauge of the U.S. economy for the week ended Jan. 4 contracted 6.7%. ECRI's weekly leading index level rose to 136.6 from 135.1. The index level measures weekly changes, while the growth rate is derived from a four-week...


Lender sweeps Axium bank account

January 10, 2008

A lender to Axium International Inc. swept the bank account of the company on Jan. 4, bankruptcy trustee Howard Ehrenberg said today. Ehrenberg, a Los Angeles attorney and court-appointed trustee, said the lender took $22 million "which left the company with no funds at all to honor its payroll...


TeamStaff gets delisting notice

January 10, 2008

Stock in healthcare staffing firm TeamStaff Inc. (NASD: TSTF) may be delisted from the Nasdaq. The company said it received a delisting letter from the exchange on Jan. 4 because its stock didn't meet the exchange's minimum bid requirement. Nasdaq warned the company on July 6, 2007 that it didn't...


Jobless claims fall by 15,000

January 10, 2008

In the week ended Jan. 5, the advance figure for seasonally adjusted initial unemployment claims was 322,000, a decrease of 15,000, or 4.5%, from the previous week's revised figure of 337,000. The four-week moving average was 341,000, a decrease of 3,000 from the previous week's revised average o...


Job openings, hires, and separations fall

January 10, 2008

The number of job openings in November fell by 38,000 month-over-month to almost 4.02 million on the last day of the month, the U.S. Bureau of Labor Statistics reported today. The job openings rate was 2.8% in November, unchanged from October but down from 3.0% in November 2006. The job openings...


Manpower buys Middle East recruiter

January 10, 2008

Manpower Inc. (NYSE: MAN) said today it acquired Clarendon Parker Middle East FZ LLZ, a recruiter based in Dubai in the United Arab Emirates. Manpower said the company is the Middle East region's largest professional recruitment provider. Clarendon Parker has nine offices in Saudi Arabia, United...


PEO gross revenue up 15%

January 9, 2008

The National Association of Professional Employer Organizations (NAPEO) said gross revenue for PEOs rose 15% to $61 billion in 2007. Gross revenue is defined as total receipts, which can include billings for payroll and employment-related taxes and insurance. An estimated 2 million workers are c...