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Canada loses 61,300 jobs, unemployment at 8%

April 9, 2009

Canada lost 61,300 jobs in March, and the unemployment rate rose to 8.0% from 7.7% in February, Statistics Canada reported today. Employment in Canada totaled 16.8 million in March. Jobs lost include 79,500 full-time positions, which were partially offset by a gain of 18,200 part-time jobs. Ontar...


Hays net fees fall 27% in quarter

April 9, 2009

Hays PLC, one of the largest European-based staffing firms, announced today that net fees fell by 27% year-over-year in its fiscal third quarter ended March 31. Net fees fell 31% on an organic basis excluding the effects of currencies. The London-based staffing firm also said it cut headcount by...


Survey finds 71% of CEOs expect staff cuts

April 8, 2009

A survey released this week of members of the Business Roundtable, an association of CEOs from U.S. companies, found that 71% plan to cut staff in the next six months while 7% plan to add staff. Another 21% plan no change — the survey results don't equal 100% because of rounding. The member CEOs...


New York posts highest average weekly wage

April 8, 2009

New York reported the average highest weekly wage of all large U.S. counties in the third quarter of 2008 at $1,552, the U.S. Bureau of Labor Statistics reported today. Santa Clara County CA, part of Silicon Valley, posted the second-highest at $1,530. The national average weekly wage in the thir...


Resources Connection revenue falls 23%

April 8, 2009

Resources Connection Inc. (NASD: RECN) reported revenue fell 23.1% year-over-year to $156.0 million in its fiscal third quarter that ended Feb. 28. The Irvine CA-based company — which provides finance and accounting, information technology and legal personnel through its Resources Global Professi...


Research from Staffing Industry Analysts

April 8, 2009

Here is the latest research from Staffing Industry Analysts. 2009 Contingent Worker Survey: Preferences, Satisfaction and Agency Selection - Initial Findings*Over 1000 contingent workers share their opinions*First ever Staffing Industry Analysts' contingent worker survey*Name recognition of top s...


Survey finds 71% of CEOs expect staff cuts

April 8, 2009

A survey released this week of members of the Business Roundtable, an association of CEOs from U.S. companies, found that 71% plan to cut staff in the next six months while 7% plan to add staff. Another 21% plan no change — the survey results don't equal 100% because of rounding. The member CEO...


Resources Connection revenue falls 23%

April 8, 2009

Resources Connection Inc. (NASD: RECN) reported revenue fell 23.1% year-over-year to $156.0 million in its fiscal third quarter that ended Feb. 28. The Irvine CA-based company — which provides finance and accounting, information technology and legal personnel through its Resources Global Profes...


TSR revenue down 21%, gross margin up

April 8, 2009

TSR Inc. (NASD: TSRI), a Hauppauge NY-based information technology staffing firm, announced this week that revenue fell 21.4% year-over-year to $9.8 million in its fiscal third quarter that ended Feb. 28 due to a tough economic environment. Gross margin, however, improved to 18.4% from 17.6%. The...


New York posts highest average weekly wage

April 8, 2009

New York reported the average highest weekly wage of all large U.S. counties in the third quarter of 2008 at $1,552, the U.S. Bureau of Labor Statistics reported today. Santa Clara County CA, part of Silicon Valley, posted the second-highest at $1,530. The national average weekly wage in the th...