Daily News

Daily News-Staffing Industry Analysts RSS Feed Get the RSS Feed

Worker confidence rises

June 9, 2008

Worker confidence rose for the first time in nine months in May, according to Spherion Corp.'s employee confidence index. The gauge increased 0.7 points to 46.9. The index's survey found that 75% said in May they believe it is unlikely they will lose their jobs in the next 12 months, that's a dec...


New employment index slips

June 9, 2008

The Conference Board released its new employment trends index today. The organization said the index accurately signaled all rises and falls in employment when plotted back to 1973. It has a lead time of six to nine months at peaks and zero to three months in troughs. The index fell to 0.5% to 11...


Vedior buy to take effect July 1

June 9, 2008

Randstad Holding NV's acquisition of Vedior NV will become effective July 1, the companies reported today. Shares in Vedior will cease trading on June 25, the same day the merger will come before Vedior shareholders for approval. Randstad shareholders will meet June 26. Randstad ranks as the worl...


52% cutting back on hiring

June 6, 2008

A survey by job-board operator Dice Holdings Inc. (NYSE: DHX) found 52% of firms plan to cut back on hiring in the next six months. Forty-three percent said they weren't changing their current hiring plans, while 5% were unsure. Sixty percent of firms said they don't know when hiring will return...


TechTeam buys technical support firm

June 6, 2008

TechTeam Global Inc. (NASD: TEAM) acquired Onvaio LLC, a Los Gatos CA-based company that provides technical support outsourcing through its Manila, Philippines, subsidiary Onvaio Asia Services Inc. TechTeam also said it's bringing onboard Onvaio's founders as part of a plan to create an Asia and...


Institute - Growth prospects 'gloomy'

June 6, 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 30 edged down to 132.4, down from the prior period's reading of 132.8. Lower index levels indicate a slower economy. The growth rate contracted 6.2%, compared wi...


Canadian employment rises on part-time gains

June 6, 2008

Employment in Canada rose by only 8,400 jobs in May for a total of more than 17.1 million, Statistics Canada reported today. The country lost 32,200 full-time jobs, but gained 40,600 part-time positions. Manufacturing employment rose by 34,200 month-over-month in May with most of the growth in On...


CDI starting new firm in Mexico

June 6, 2008

CDI Corp. (NYSE: CDI) said it's forming a new company to provide engineering design, project management and construction management in Mexico and Latin America. It will focus primarily in the process power, industrial and alternative fuels industry. The new company will be based in Tampico, Mexic...


People - Westaff, Heidrick

June 5, 2008

Westaff Inc. (NASD: WSTF) named Mark Bierman as senior VP and chief information officer. Bierman comes to Westaff from Comsys IT Partners Inc. (NASD: CITP). Heidrick & Struggles International Inc. (NASD: HSII) named S. John Kim and Daniel Edwards as co-heads of its global financial services pract...


Monster employment index drops eight points

June 5, 2008

The Monster Worldwide Inc. (NASD: MNST) employment index fell eight points in May to a reading of 166, ending a three-month trend of increases. The index was down 23 points from its year-ago reading of 189. "After three months of steady growth, the decline in the Monster employment index in May s...