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Drake buys human resources software firm

June 21, 2010

Drake International, a Toronto-based firm that provides staffing, announced it acquired Web-based human resources software provider DenoSys LLC.

Located in Morgantown WV, DenoSys serves clients in Virginia, Maryland, Pennsylvania and West Virginia. DenoSys principals Ryan Dineen and David Dineen will...

People: Salo, Heidrick & Struggles

June 21, 2010

Salo LLC named Jeff Otos as managing director of Salo Project, a finance/accounting staffing firm based in Minneapolis. Otos most recently served as business development executive for Salo Project.

Heidrick & Struggles International Inc. (NASD: HSII) named two new principals to its global technology...

Canadian staffing index dips in May

June 18, 2010

The Canadian staffing index slipped one point in May to a reading of 78 from April's reading of 79, the Association of Canadian Search, Employment and Staffing Services reported today. The index is up 13 points from its May 2009 reading of 65.

"The validity of the data collected by the ACSESS Canadian...

KKR paying $356 million for Japan firm

June 18, 2010

Private equity firm Kohlberg Kravis Roberts & Co. announced plans to buy the staffing subsidiary of Tokyo-based Usen Corp.

KKR said it will pay 32.5 billion yen, equivalent to $356 million.

The Usen subsidiary, Intelligence Ltd., provides direct hire, temporary staffing and outsourcing as well as job-search...

Canadian Employment Insurance holds steady

June 18, 2010

The number of people receiving Canadian Employment Insurance benefits in April was little changed from March, Statistics Canada reported today. There were 667,380 people receiving Employment Insurance in April, down slightly from the 667,910 in March.

However, the number of people receiving Employment...

Nevada displaces Michigan on jobless rank

June 18, 2010

Nevada recorded the highest jobless rate, 14.0%, among all states in May, the U.S. Bureau of Labor Statistics reported Thursday. It was the first time since April 2006 that a state other than Michigan has posted the highest rate.

Michigan reported the second-highest unemployment rate at 13.6%. California...

Eliassen Group names CFO

June 18, 2010

Eliassen Group, a Wakefield MA-based technology staffing and clinical data management consulting firm, named Anthony Valente as CFO.

Valente replaces Dave MacKeen, who will continue as president of Eliassen's technology staffing division.

Prior to Eliassen, Valente served as financial director for...

Xcel HR announces two acquisitions

June 18, 2010

Xcel HR announced the acquisitions of two providers of professional employer organization and administrative service organization (ASO) services.

Xcel acquired Amsource, a Birmingham AL-based PEO and ASO firm, in late May. It also announced its acquisition of HR America, a Fort Wayne IN-based firm,...

Jobless claims rise by 12,000

June 17, 2010

U.S. initial claims for unemployment insurance for the week ended June 12 rose by 12,000, or 2.6%, to 472,000 from the previous week, the U.S. Department of Labor reported today.

The number of initial claims from the week ended June 5 was increased to 460,000 from the previously reported number of...

Contract watch: TeamStaff, Tapfin

June 17, 2010

TeamStaff Inc. (NASD: TSTF) said it has begun work on a five-year contract valued at $3.3 million to provide healthcare staffing to the Armed Forces Retirement Home in Washington DC. The company had announced the contract in December, but objections to the bidding process prompted a re-bidding with...