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Crdentia Corp. narrows loss

April 2, 2008

Net loss at Dallas-based healthcare staffing firm Crdentia Corp. (OTCBB: CRDT.OB) narrowed in the fourth quarter and in full-year 2007. The company posted a net loss of $2.6 million in the fourth quarter of 2007 compared with a net loss of $13.6 million in the same period in the previous year. Cr...


Randstad launches offer for Vedior

April 2, 2008

Randstad Holding NV today launched its offer for shares of fellow Dutch staffing firm Vedior NV. Randstad first announced plans to acquire Vedior in December, and the combined companies would rank as the second-largest staffing firm in the world. Randstad will pay euro9.50 plus 0.32759 in its own...


New Orleans has lowest jobless rate

April 2, 2008

The New Orleans area reported the lowest jobless rate in February, 3.1%, among U.S. metropolitan areas with populations of 1 million or more, the U.S. Bureau of Labor Statistics reported today. The Washington DC metropolitan area, which had the lowest jobless rate in January, ranked second in Feb...


American Staffing Association index flat

April 2, 2008

The American Staffing Association's index measuring temporary employment was at 100 in March, up from February's reading of 99. The ASA said the index made some gains but remained relatively flat since the beginning of the year as demand for temps appeared to hold steady amid economic uncertainti...


Kenexa buys London RPO firm

April 2, 2008

Kenexa Corp., a Wayne PA-based hiring and employee performance software company, said it acquired Quorum International, a London-based recruitment process outsourcing firm. Terms of the deal were not disclosed. Quorum International operates throughout Europe and the Middle East. The acquisition b...


Westaff sells U.K. operations

April 1, 2008

Westaff Inc. (NASD: WSTF) said it sold its United Kingdom operations on March 31 to a privately held company. The sale included the company's 25 offices and its headquarters in Gloucester. "This sale is one of a series of positive steps that management has taken and expects to continue to take re...


Correction

April 1, 2008

A news item in Monday's Daily News e-mail contained an incorrect quote from the Economic Cycle Research Institute. It should have read, "Indeed, the process of spreading weakness that leads to recessionary job losses is now under way, and it is too late to head off the recession."


Manpower buys RPO firm

April 1, 2008

Manpower Inc. (NYSE: MAN) expanded its recruitment process outsourcing operations with the acquisition of CRI Inc., a Torrance CA-based RPO firm. Manpower announced the deal Monday. "CRI is a great, strategic fit because both companies operate with a high performance approach to obtaining busines...


Manufacturing posts weakest quarter since 2003

April 1, 2008

U.S. manufacturing activity contracted in March, ending a quarter that was the weakest since the second quarter of 2003, according to the Institute for Supply Management. Its key purchasing managers' index for manufacturing rose to 48.6 in March from 48.3 in February, but only readings of more th...


Report - Online job ads see first annual decline

March 31, 2008

The number of U.S. jobs posted online fell 0.6% year-over-year in March, according to The Conference Board's online help-wanted advertising survey. It was the first decline, ever, since the index began in May 2005. The index was also down month-over-month. There were 3.7 million online job ads in...