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Office openings: Summit Technical Services

January 29, 2010

Summit Technical Services Inc., a staffing provider in the technical segment, announced the openings of new office in Durham NC and Cinnaminson NJ.

Emptoris revenue up 20%

January 29, 2010

Emptoris, a privately held supply management software company that provides a vendor management system, announced Thursday that revenue rose 6% in 2009 and by more than 20% in the fourth quarter on a year-over-year basis.

The company also said it added several new customers over the past year including...

Symbio sale pushed back two weeks

January 29, 2010

The potential sale of Symbio Solutions, which provides a healthcare vendor management system, has been pushed back by about two weeks, CEO Rodney Shifflette said today. The company is now hoping to close a sale by the end of February; original plans were to close a sale by the middle of February.


GDP grows at 5.7% in fourth quarter

January 29, 2010

U.S. real gross domestic product rose at an annual rate of 5.7% in the fourth quarter, according to the U.S. Commerce Department's advance estimate released today.

MarketWatch reported the growth was the fastest in six years, but said that most economists believe the pace of growth will be around 3%...

Robert Half fourth-quarter revenue falls 26%

January 29, 2010

Fourth-quarter revenue fell 25.5% on a year-over-year basis at Robert Half International Inc. (NYSE: RHI). However, the Menlo Park CA-based professional staffing firm said demand improved during the fourth quarter.

Robert Half posted fourth-quarter revenue of $737.4 million compared with $989.8 million...

LocumTenens.com index rise 27 points

January 29, 2010

LocumTenens.com's online job index analyzing demand for locum tenens rose 27 points, or 18%, in the fourth quarter to a reading of 1.78. It had fallen 16 points in the third quarter.

The index includes data collected by LocumTenens.com since January 2007 and represents a broad quarterly analysis of...

Mass layoffs lowest since July 2008

January 28, 2010

The number of mass layoffs in December fell 29.9% on a year-over-year seasonally adjusted basis, and reached their lowest level since July 2008, the U.S. Bureau of Labor Statistics reported Wednesday. There were 1,726 mass layoff actions in December compared with 2,461 in December 2008.

Initial jobless...

ASA: Staffing index slips in January

January 28, 2010

Demand for staffing services dipped in January, according to results released Tuesday from the American Staffing Association's index measuring changes in temporary employment. The index fell to a monthly reading of 79 in January from 87 in December.

The index measures changes in the number of temporary...

Jobless claims fall by 8,000

January 28, 2010

The number of U.S. initial claims for unemployment insurance for the week ended Jan. 23 fell by 8,000, or 1.7%, to 470,000 from the previous week's revised figure of 478,000, the U.S. Department of Labor reported today.

The four-week moving average of claims for the week ended Jan. 23 rose by 9,500,...

New York governor defends use of temps

January 28, 2010

New York Gov. David Paterson on Tuesday defended the state's use of temporary workers from staffing firms after one union said Jan. 14 that the state spent $62 million on temporary workers from employment agencies who have no benefits.

Use of temporary personnel services are, on average 10% less expensive...