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Temp payrolls add 47,500 jobs in February

March 5, 2010

U.S. temporary help payrolls increased by 47,500 jobs in February for a total of 2.0 million, according to seasonally adjusted numbers released today by the U.S. Bureau of Labor Statistics. February's gain in temporary help services jobs was slightly smaller than January's gain of 50,200 tempora...


Jackson buys Hire Dynamics' pharmacy division

March 4, 2010

Jackson Healthcare acquired Hire Dynamics Rx, the pharmacy division of Duluth GA-based Hire Dynamics LLC. The pharmacy division places pharmacists and pharmacy technicians. The acquisition marks Jackson's entry into pharmacy staffing. "There is a synergy between our staffing business at Jackson...


Monster index rises 10 points

March 4, 2010

The Monster Worldwide Inc. employment index rose 10 points in February to a reading of 124. The index posted a positive long-term growth rate, up 2% on a year-over-year basis, for the first time since December 2007. "Although some of the increase in the February index can be attributed to season...


Cross Country revenue falls 40%

March 4, 2010

Fourth-quarter revenue slipped at Cross Country Healthcare Inc. (NASD: CCRN), but the Boca Raton FL-based healthcare staffing firm's nurse and allied revenue rose sequentially. Cross Country reported fourth-quarter revenue fell 39.7% to $124.1 million from fourth quarter 2008 revenue of $205.9 m...


Beige Book: Hiring plans remain soft

March 4, 2010

Hiring plans remained soft in most Federal Reserve Districts, but the pace of layoffs slowed, according to the latest Federal Reserve Beige Book report released Wednesday. Staffing firms in the Boston district reported a strengthening in demand, particularly from the financial and manufacturing...


Jobless claims fall by 29,000

March 4, 2010

The number of U.S. initial claims for unemployment insurance for the week ended Feb. 27 fell by 29,000, or 5.8%, to 469,000 from the previous week's revised number of 498,000. The four-week moving average of claims for the week ended Feb. 27 fell by 3,500, or 0.7%, to 470,750 from the previous w...


Sun's healthcare staffing revenue falls 20%

March 4, 2010

Sun Healthcare Group Inc. (NASD: SUNH) reported fourth-quarter revenue in its medical staffing services segment fell 19.4% to $23.6 million from fourth-quarter 2008 revenue of $29.2 million. Staffing revenue fell 1.3% sequentially from the third quarter. Full-year 2009 staffing services revenue...


Former Monster exec gets probation

March 3, 2010

Former Monster Worldwide Inc. (NYSE: MWW) senior VP and General Counsel Myron Olesnyckyj on Tuesday was sentenced to one year probation for his role in a stock option backdating case, Reuters reported. Olesnyckyj pleaded guilty to securities fraud in February 2007. And the U.S. Securities and Ex...


Service sector's expansion pace quickens

March 3, 2010

Economic activity in the U.S. service sector increased in February at a faster rate than in January, according to the Institute for Supply Management's nonmanufacturing index released today. The institute's nonmanufacturing index rose to a reading of 53.0 in February from 50.5 in January. Readin...


Florida delays unemployment tax hike

March 3, 2010

Florida Gov. Charlie Crist signed legislation Tuesday delaying a major hike in state unemployment taxes. The Florida legislature had approved the delay (bill HB 7033) in its first day in session on Tuesday. Under the proposed hikes, Florida's wage base on which unemployment taxes are charged wou...