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U.S. temp payrolls fall by 6,500 in August

September 4, 2009

Temporary help payrolls fell by 6,500 jobs in August to approximately 1.7 million, a smaller decrease than the 7,600 temporary jobs lost in July, according to seasonally adjusted preliminary numbers released today by the U.S. Bureau of Labor Statistics. The temporary help penetration rate edged...


Economic index continues climb

September 4, 2009

The Economic Cycle Research Institute's weekly leading index measuring the U.S. economy continued to increase, according to its most recent reading released today. "With [weekly leading index] growth rising to a new 38-year high, U.S. economic growth is poised for a stronger snap-back than most...


No Daily News Monday

September 4, 2009

The Contingent Workforce Strategies Daily News will not be published Monday, Sept. 7, because of the Labor Day holiday. Look for your next issue on Tuesday, Sept. 8.


No Daily News Monday

September 4, 2009

The Staffing Industry Daily News will not be published Monday, Sept. 7, because of the Labor Day holiday. Look for your next issue on Tuesday, Sept. 8.


Canada adds 27,100 jobs in August

September 4, 2009

Canada gained 27,100 jobs in August bringing the total employment number to approximately 16.8 million, according to seasonally adjusted numbers released today by Statistics Canada. The increase came from part-time jobs, of which the country added 30,600. The number of full-time jobs fell by 3,5...


Research from Staffing Industry Analysts

September 4, 2009

Here is the latest research from Staffing Industry Analysts: BRIEFING - Staffing Industry Stock Index analysis * SISI up 7.1% for the month, 14 gainers, 6 decliners * Manpower and Kforce reach 52wk highs * Earnings beats driven by cost-cutting


Union cites classification in FedEx letter

September 3, 2009

The International Brotherhood of Teamsters urged FedEx Corp. shareholders to call for an independent chairman citing the issue of classifying some drivers as independent contractors instead of employees. In its letter, the union said the current arrangement of founder Frederick Smith serving as...


Jobless claims edge down by 4,000

September 3, 2009

The number of U.S. initial claims for unemployment insurance fell by 4,000, or 0.7%, to 570,000 in the week ended Aug. 29 from the previous week's revised number of 574,000, the U.S. Department of Labor reported today. The four-week moving average of claims, however, rose by 0.7%, or 4,000, to 5...


Service sector shrinks at a slower pace

September 3, 2009

Economic activity in the U.S. service sector contracted at a slower rate in August than in July, according to the Institute for Supply Management's nonmanufacturing index released today. The index rose to a reading of 48.4 in August from 46.4 in July, but only readings of more than 50 indicate e...


Monster jobs index surges seven points

September 3, 2009

The Monster Worldwide Inc. employment index rose seven points in August from July to a reading of 121, posting its highest monthly rate of improvement in four years, Monster Worldwide Inc. reported. "The significant jump in the Monster employment index in August offers encouraging signs of impro...