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IRS releases form for employer tax credit

April 8, 2010

The IRS announced Wednesday a new form to help employers claim payroll tax breaks for hiring workers under the Hiring Incentives to Restore Employment (HIRE) Act signed by President Obama on March 18. Employers may qualify for an exemption from the 6.2% employer's share of Social Security tax on...


College grads' average salary offer falls 2%

April 8, 2010

The average starting salary offer to 2010 college graduates fell 1.7% from a year ago, according to a report from the National Association of Colleges and Employers. Bachelor's degree candidates received an average salary offer of $47,673 compared with $48,515 for the class of 2009. Still, some...


U.S. jobless claims rise by 18,000

April 8, 2010

The number of U.S. initial claims for unemployment insurance for the week ended April 3 rose by 18,000, or 4.1% to 460,000 from the previous week's revised number of 442,000, the U.S. Department of Labor reported today. Last week's increase in jobless numbers was not expected, according to media...


CEO confidence slips in first quarter

April 7, 2010

The Conference Board's measure of CEO confidence fell to a reading of 62 in the first quarter from a reading of 64 in the fourth quarter. However, readings of more than 50 points reflect more positive than negative responses to The Conference Board's CEO confidence survey. "CEOs continue to rate...


Hudson completes stock offering

April 7, 2010

Hudson Highland Group announced Tuesday it completed its offering of 4.83 million shares of common stock at $4.35 per share. Hudson said it received approximately $19.3 million after underwriting discounts and commissions and expenses. The New York-based professional staffing firm plans to use t...


CPSI acquires IT and clinical staffing firm

April 7, 2010

CPSI announced it acquired Devon Consulting, a Wayne PA-based IT and clinical/scientific staffing company. The deal closed March 1; financial terms were not disclosed. Devon was begun 25 years ago, and its business will continue to use the Devon brand under CPSI. CPSI Executive VP John Larson sa...


New Orleans posts lowest jobless rate

April 7, 2010

The New Orleans area registered the lowest jobless rate in February, 6.5%, among all large U.S. metropolitan areas with populations of 1 million or more, the U.S. Bureau of Labor Statistics reported today. The Oklahoma City area ranked as second-lowest with an unemployment rate of 6.7%, and the...


Manpower completes Comsys buy

April 6, 2010

Manpower Inc. (NYSE: MAN) reported Monday that it completed its acquisition of Comsys IT Partners Inc. Houston-based Comsys provides information technology staffing and ranked No. 3 on Staffing Industry Analysts' list of largest IT staffing firms. "The acquisition of Comsys is consistent with ou...


Contract watch: Johnson Service Group

April 6, 2010

Johnson Service Group, a staffing firm with principal offices in Atlanta and Burr Ridge IL, and Ashvins Group Inc., an information technology services firm, announced they were awarded two Florida-based government agency IT contracts. The length of each contract is three years. In general, JSG w...


Job openings down by 4%

April 6, 2010

U.S. job openings fell by 3.8% on a year-over-year basis in February to approximately 2.7 million, according to numbers released today by the U.S. Bureau of Labor Statistics. The job openings rate was unchanged at 2.1% in February from February 2009. The number of hires fell 3.3% year-over-year...