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The Contingent Blog

September 22, 2008

Here are the latest entries in Staffing Industry Analysts' The Contingent Blog. Oh, the humanity Does the turmoil on Wall Street bring opportunities or woes for staffing firms? Staffing Industry Analysts' Director of Research and Analysis Jon Osborne poses the question in The Contingent Blog. For...


People - CDI, Skilled Group

September 22, 2008

CDI Corp. (NYSE: CDI) said Albert Smith was elected to its board of directors. Smith most recently served as chairman of Tetra Tech Inc., an environmental management and technical services firm. Before that, he had served 20 years at Lockheed Martin, including for a time as president of its integ...


Employer healthcare costs to rise 6.4%

September 22, 2008

Hewitt Associates said today U.S. employer costs for healthcare will rise 6.4% on average in 2009. The Lincolnshire IL-based human resources consulting and outsourcing firm said healthcare costs for U.S. companies rose 6.0% in 2008, compared with a 5.3% increase in 2007. Hewitt said the average h...


People - Adecco, TeamStaff

September 19, 2008

Adecco SA, the world's largest staffing firm, appointed Peter Alcide as global business line head of Adecco Human Capital Solutions and as president and chief operating officer of its Lee Hecht Harrison outplacement division. Alcide had served as executive VP and chief operating officer of Lee He...


Hudson - Dollar's strength could cut into EBITDA

September 19, 2008

The Hudson Highland Group Inc. (NASD: HHGP), a global staffing company, said at an investor conference this week that foreign currencies are falling against the dollar and could cut Hudson's adjusted EBITDA by up to $1.5 million in the third quarter, according to a filing with the U.S. Securities...


Research from Staffing Industry Analysts

September 19, 2008

Here is the latest research from Staffing Industry Analysts. INSIGHT - Survey of staffing firms: Analysis of new staffing firm entrants *Staffing experiencing new firm entry rate of 3% annually*New entry rate highest in direct hire, healthcare temp staffing*81% of new firms profitable within two...


Temps Inc. completes BrightMed buy

September 19, 2008

Temps Inc., a St. Louis-based healthcare staffing firm, said Thursday it completed its acquisition of BrightMed Inc., a provider of travel nurses and allied healthcare professionals. "The combined company will offer both per diem and travel options to our employees and clients, have a dramatic im...


South Dakota posts lowest jobless for ninth month

September 19, 2008

South Dakota — as it has since December 2007 — posted the lowest unemployment rate among states at 3.3% in August, the U.S. Bureau of Labor Statistics reported today. Nebraska registered the next-lowest rate at 3.5%. Michigan again reported the highest jobless rate among states in August at 8.9%....


Goodwill Group posts loss

September 18, 2008

The Goodwill Group Inc., a Tokyo-based firm with staffing and other operations, announced last week a net loss of 27.42 billion yen (US$258.5 million) for its fiscal year ended June 30. The company reported negative shareholders equity of 2.69 billion yen (US$25.4 million). Full-year revenue, how...


U.S. leading index down 0.5%

September 18, 2008

The Conference Board's U.S. leading index of economic indicators slipped 0.5% in August, and now stands at 100.8. The decline is the third in the last four months, and the index is 2.7% below its level a year ago. The Conference Board said weaknesses among the leading indicators remained widespre...