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USG gets OK for protective preference shares

December 23, 2008

USG People, an Amsterdam-based staffing firm, said its shareholders today approved the creation of protective preference shares. Such shares could help protect the company against takeover attempts. "The executive board believes the measure can strengthen USG People's negotiating position should...


Third-quarter real GDP down in final estimate

December 23, 2008

Third-quarter real gross domestic product fell at an annual rate of 0.5%, according to a final estimate released today by the U.S. Department of Commerce. The final estimate is unchanged from an earlier estimate in November. Fourth-quarter real GDP is also expected to fall, according to the Surve...


Manpower says revenue lower than expected

December 22, 2008

Manpower Inc. (NYSE: MAN), one of the largest staffing firms, said today that revenue fell more than expected in the first two months of the fourth quarter. And the company said it will take a restructuring charge in the fourth quarter over employee cuts and office closures. Manpower said it prev...


Utah is fastest-growing U.S. state

December 22, 2008

Utah was the fastest-growing U.S. state in the 12 months ended July 1, the U.S. Census Bureau reported today. Utah's population increased 2.5% to 2.7 million. Arizona ranked as the second fastest-growing state with its population rising 2.3%. It was followed by Texas, North Carolina and Colorado....


Research from Staffing Industry Analysts

December 22, 2008

Here is the latest research from Staffing Industry Analysts. Special Report - 2008 Staffing buyers survey: Insights into staffing clients' actions, plans and key decision drivers*Longest-running CW buyer survey reveals 5-year trends*70-page fact-filled report; results cut by industry, skill*Buyer...


TeamStaff revenue rises 37.7%

December 22, 2008

TeamStaff Inc. (NASD: TSTF), a healthcare and government staffing firm, said today revenue rose 37.7% in its fiscal fourth quarter thanks to retroactive billings from pay hikes for workers at some government sites. The Somerset NJ-based company said revenue for its fourth quarter ended Sept. 30 w...


Chicago Fed economic index falls further

December 22, 2008

The Federal Reserve Bank of Chicago's national activity index, which measures economic activity in the U.S., fell in November. The three-month average of the index slipped to -2.49 from October's reading of -2.40. "This negative value suggests that growth in national economic activity was well be...


TemPositions buys Vintage Personnel

December 19, 2008

The TemPositions Group of Companies announced it acquired assets of Vintage Personnel Inc., a Forest Hills NY-based office/clerical staffing firm. Terms of the deal were not announced. Key internal staff members from Vintage will remain with the company. In addition, Tameka Monroe of TemPositions...


Qualified Resources names president

December 19, 2008

Qualified Resources International named Matthew Briand as its president. Briand joined Qualified Resources in 2001 as manager of consulting services; most recently he served as VP of sales and operations. He has more than 15 years of staffing experience. Briand takes over the role effective Jan....


Wyoming jobless rate is lowest, Michigan highest

December 19, 2008

Wyoming posted the lowest jobless rate among all states in November at 3.2%, the U.S. Bureau of Labor Statistics reported today. Michigan recorded the highest at 9.6%. Rhode Island reported the second-highest unemployment rate at 9.3%. And four other states posted unemployment rates of 8.0% or mo...