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Weekly jobless claims rise 2.5%

June 25, 2009

The number of U.S. initial claims for unemployment benefits rose 2.5% to 627,000 in the week ended June 20 from the previous week's revised number of 612,000, the U.S. Department of Labor reported today. The four-week moving average of claims rose 0.1% to 617,250 from the previous week's revised...


Final estimate - First-quarter GDP fell 5.5%

June 25, 2009

Real gross domestic product in the U.S. decreased at an annual rate of 5.5% in the first quarter, according to a final estimate by the U.S. Department of Commerce. The decline was down from a previous estimate of 5.7%. Real GDP decreased by 6.3% in the fourth quarter.


Weekly jobless claims rise 2.5%

June 25, 2009

The number of U.S. initial claims for unemployment benefits rose 2.5% to 627,000 in the week ended June 20 from the previous week's revised number of 612,000, the U.S. Department of Labor reported today. The four-week moving average of claims rose 0.1% to 617,250 from the previous week's revised...


Arcadia's medical staffing revenue slips

June 25, 2009

Medical staffing and homecare revenue at Arcadia Resources Inc. (AMEX: KAD) fell 3.3% year-over-year $23.2 million in the company's fiscal fourth-quarter ended March 31. The Indianapolis-based firm reported home care revenue rose $1.6 million while medical staffing revenue fell by $1.9 million....


People - Korn/Ferry, Veritude

June 24, 2009

Korn/Ferry International Inc. (NYSE: KFY) and Veritude announced new hires. Korn/Ferry, a Los Angeles-based executive search firm, hired Hank Leingang as a senior consultant and member of its information technology officers center of expertise. Leingang previously served in chief information offi...


People - Korn/Ferry, Veritude

June 24, 2009

Korn/Ferry International Inc. (NYSE: KFY) and Veritude announced new hires. Korn/Ferry, a Los Angeles-based executive search firm, hired Hank Leingang as a senior consultant and member of its information technology officers center of expertise. Leingang previously served in chief information off...


Westaff franchisee buys three corporate offices

June 24, 2009

The Mount Family Group Ltd., a Burlington VT-based Westaff franchisee, acquired three staffing offices from Koosharem Corp. effective June 15, said James Mount, chief operating officer of the Mount Family Group. Koosharem owns the Select Family of Companies, which recently acquired Westaff. The...


Westaff franchisee buys three corporate offices

June 24, 2009

The Mount Family Group Ltd., a Burlington VT-based Westaff franchisee, acquired three staffing offices from Koosharem Corp. effective June 15, said James Mount, chief operating officer of the Mount Family Group. Koosharem owns the Select Family of Companies, which recently acquired Westaff. The t...


Staffing index unchanged

June 24, 2009

The American Staffing Association's index measuring changes in temporary employment was unchanged in June from May with a reading of 72. The measure has been virtually flat since January. The index measures changes in the number of temporary and contract workers both weekly and monthly. The month...


69% say firms handling recession appropriately

June 24, 2009

A survey of workers by Robert Half International Inc. (NYSE: RHI) found that 69% said they believe their companies are taking appropriate steps to weather the current economic downturn. In addition, 55% said their companies will emerge from the recession stronger than before. The survey was based...