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Consumer Confidence Index hits low

December 30, 2008

The Conference Board's Consumer Confidence Index hit an all-time low in December, the organization announced today. The index now stands at 38.0 (1985=100), down from 44.7 in November. "The further erosion of the Consumer Confidence Index reflects the rapid and steep deterioration of economic con...


TechTeam announces restructuring, staff cuts

December 30, 2008

TechTeam Global Inc. (NASD: TEAM), a Southfield MI-based information technology services and staffing company, announced today a restructuring effort that includes staff cuts because of the global economic slowdown. "These adjustments, which are substantially complete as of today, are largely in...


Adecco filling hundreds of mortgage posts

December 29, 2008

Adecco USA is filling several hundred positions for mortgage professionals thanks to lower interest rates, Jacqueline Chen Valencia, VP of public relations and corporate communications, said Thursday. The company is filling 250 positions for mortgage professionals in the Minneapolis-Bloomington a...


Is the sky falling, or was that just my 401k?

December 29, 2008

2008 proved a tough year with the economy turning sharply down, but what about 2009? Barry Asin discusses prospects for the New Year in The Contingent Blog. For the full blog, click here.


Pasona cuts first-half revenue outlook

December 29, 2008

Pasona Group Inc., a Tokyo-based staffing firm, today cut the revenue forecast for the first half of its fiscal year to 116.08 billion yen (US$1.28 billion) from an earlier forecast of 122.67 billion yen (US$1.35 billion). Pasona said the downturn in the global economy caused sales in its tempora...


Research from Staffing Industry Analysts

December 29, 2008

Here is the latest research from Staffing Industry Analysts. INSIGHT - Survey of staffing firms: What's different about highly successful staffing firms? *Analysis of survey data reveals success factors*Stable, experienced management a key driver of success*Bigger firms and those with right prior...


Certifications - Guardian, Healthcare Plus

December 29, 2008

Guardian Healthcare Providers Inc., a Nashville-based healthcare staffing firm, and Healthcare Plus, a Palatine IL-based healthcare staffing firm, have received the gold seal of approval for healthcare staffing services from the Joint Commission on Accreditation for Healthcare Organizations.


Initial jobless claims jump

December 24, 2008

The four-week moving average of initial jobless claims rose 2.5% to a seasonally adjusted 558,000 in the week ended Dec. 20 from the previous week's revised average of 544,250, the U.S. Department of Labor reported today. Total initial jobless claims (not the four-week average) jumped 5.4% to a s...


Pomeroy restating reports for three years

December 24, 2008

Pomeroy IT Solutions Inc. (NASD: PMRY), a Hebron KY-based information technology services and staffing firm, said it will restate its financial statements for its last three fiscal years. In a filing with the U.S. Securities and Exchange Commission, Pomeroy said the restatements are coming becaus...


Research from Staffing Industry Analysts

December 24, 2008

Here is the latest research from Staffing Industry Analysts and citations to research from other organizations. INSIGHT - Temporary employee turnover *Temporary/Contract employee turnover down to 284% in 2007*Increasing length of assignment drives decrease in turnover*Length of assignment varies...