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Online job ads fall

December 3, 2007

The number of U.S. jobs posted online fell 2.1%, to almost 4.1 million in November, according to The Conference Board's online help-wanted advertising survey. But the number of ads was up 9.7% over November 2006. New online ads — those which didn't appear in the previous month — fell 2.3% to 2.8...


Manufacturing index shows slower growth

December 3, 2007

Growth in the U.S. manufacturing sector slowed again in November, according to the Institute for Supply Management. Its key purchasing managers index for manufacturing fell to 50.8 in November from 50.9 in October, the fifth month of declines. The employment portion of the index also fell to 47.8...


Randstad to buy Vedior

December 3, 2007

Randstad Holding NV said Monday it agreed to buy Vedior NV, which will create the world's second-largest staffing company. Randstad said it will pay euro3.51 billion (US$5.14 billion) in cash and stock. The deal values each Vedior share at euro20.19 (US$29.56). It's slated to close in March or Ap...


Economic gauge contracts

November 30, 2007

The growth rate for the Economic Cycle Research Institute's forward-looking gauge of the U.S. economy for the week ended Nov. 23 contracted 1.8%. ECRI's weekly leading index level fell to 138.1 from 139.1 in the prior period. The index level measures weekly changes while the growth rate is deriv...


Randstad bids for Vedior

November 30, 2007

Randstad Holding NV, the world's third-largest staffing firm, began talks to acquire Vedior NV, the fourth-largest, both companies announced today. The Netherlands-based companies would vault ahead of Manpower Inc. (NYSE: MAN) and be second only to Adecco SA if combined. Randstad said the discus...


Recognition - SALO, CBS Personnel, Executive Staffing Group

November 30, 2007

Minneapolis-based staffing firm SALO LLC announced it was named as one of the "Fast 50" by the Minneapolis/St. Paul Business Journal. The list ranked businesses based on percentage revenue growth over the last three years. SALO ranked 13. Cincinnati-based CBS Personnel Holdings Inc. announced it...


How to offer your temps benefits - for free

November 30, 2007

Staffing Industry Analysts Director of Research and Analysis Jon Osborne blogs on cafeteria-style benefits plans. Click here.


Vedior buying share of German firm

November 29, 2007

Vedior NV struck a deal to buy 70% of a German provider of information technology staffing. The company, known as GULP Information Services GmbH and GULP Consulting Services GmbH, was founded in 1996 and is based in Munich, Germany, with operations in that country as well as Austria and Switzerla...


Hiring expectations fall

November 29, 2007

Fewer service sector employers plan to increase hiring in December compared with the same time last year while employment expectations are down in manufacturing, according to the leading indicator of national employment index (LINE) report from the Society for Human Resources Management and Rutge...


Print help-wanted ads decline

November 29, 2007

The Conference Board's index measuring job ads in U.S. newspapers fell one point in October and now stands at 23. It was 29 during the same period last year. Help-wanted advertising fell in all nine U.S. regions in the past three months. The largest declines happened in the Pacific (down 18.0%),...