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Volt receives stock exchange notice

February 9, 2010

Volt Information Sciences Inc. (NYSE: VOL) reported it received notice from the New York Stock Exchange that its shares could be delisted because it has yet to file a 10-K for its 2009 fiscal year, according to a filing with the U.S. Securities and Exchange Commission. Volt is conducting a revie...


Albany U.K. operations temporarily halt

February 9, 2010

The Albany Group temporarily suspended its U.K. operations, but its operations in the U.S. and elsewhere remain strong, according to the company. Albany plans to appoint an administrator this week with the aim of ultimately restructuring and then moving forward again in the U.K., according to a...


Salary increase plans hit 25-year low

February 9, 2010

U.S. companies' budgets for salary increases in 2010 fell to their lowest level in more than two decades, The Conference Board reported today. The 2010 median forecast of salary budgets for increases is 2.8% for all employee groups, the lowest level in the 25-year history of The Conference Board...


Obama plans healthcare reform confab

February 8, 2010

President Barack Obama told CBS News on Sunday that he plans to meet with Democrats and Republicans on Feb. 25 to get healthcare reform moving forward. Healthcare reform stalled after Massachusetts voters elected Republican Scott Brown to the Senate seat formerly held by Ted Kennedy. The electio...


Medical staffing revenue falls 36% at Arcadia

February 8, 2010

Arcadia Resources Inc. (AMEX: KAD) reported Friday its medical staffing revenue fell 35.7% to $4.5 million in its fiscal third quarter ended Dec. 31, 2009, compared with $7.0 million in the third quarter of the previous year. The Indianapolis-based Arcadia also reported third-quarter revenue in...


Employment trends index edges up

February 8, 2010

The Conference Board's U.S. employment trends index rose to a reading of 93.2 in January from 92.3 in December, the organization announced today. It's the fifth consecutive month of increases. "The continued rise in the [employment trends index] makes us more optimistic that job growth will resu...


Updates: Staff Management, Q Analysts

February 8, 2010

Staff Management -- a high-volume, vendor-on-premise and managed services staffing provider -- said it ended 2009 with several new client acquisitions. Among them: * A confectionary manufacturer replaced its incumbent contingent workforce management provider with Staff Management to manage its...


Spherion employee confidence index rises

February 8, 2010

The Spherion Corp. (NYSE: SFN) employee confidence index rose one point in January to a reading of 50.1 as more workers were optimistic about the strength of the economy and job availability. "I am pleased with the slight uptick in worker confidence this month," Spherion President and CEO Roy Kr...


U.S. economic growth may decelerate

February 5, 2010

The Economic Cycle Research Institute's weekly leading index measuring the U.S. economy eased. "While a 'double dip' is nowhere in sight, the continued easing in [weekly leading index] growth indicates that U.S. economic growth will start decelerating in the coming months," said Lakshman Achutha...


Kelly Services revenue falls 7%

February 5, 2010

Kelly Services Inc. (NASD: KELYA) reported fourth-quarter revenue fell 6.6% on a year-over-year basis, but rose 13.8% compared with the third quarter. "For our industry and for Kelly, improvements didn't really begin to show up until the third quarter with more pronounced progress in the fourth,...