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Worker confidence slips

April 4, 2008

Worker confidence fell in March, according to Spherion Corp.'s (NYSE: SFN) employee confidence index. The gauge fell 1.9 points to 46.5 in March, the lowest level since the survey began in July 2004. The index's survey found the number of workers confident in the future of their employers fell tw...


Canada adds jobs, but unemployment rises

April 4, 2008

Canada gained almost 15,000 jobs in March but the nationwide unemployment rate rose to 6.0% from the 33-year low of 5.8% in February as more people entered the labor market, Statistics Canada reported today. Full-time employment fell by 19,600 in March while part-time employment increased by 34,2...


CareerBuilder says 29% to add staff in Q2

April 3, 2008

A survey released Wednesday by CareerBuilder.com and USA Today found 29% of U.S. employers plan to add full-time employees in the second quarter. Fifty-nine percent planned no change while 6% intended to cut staff. Another 6% were unsure. "The job loss reported in the first quarter signified a gr...


U.S. jobless claims highest since 2005

April 3, 2008

U.S. unemployment claims jumped by 38,000 in the week ended March 29 to 407,000, the highest number since the week of Sept. 17, 2005, in the aftermath of Hurricane Katrina. Economists had forecast claims would only rise to 370,000, The Wall Street Journal reported. The surge last week marks a 10....


Service sector fails to grow

April 3, 2008

Despite an increase in business activity, the service sector continued to contract in March, according to the Institute for Supply Management's nonmanufacturing index released today. The index rose to 49.6 in March from 49.3 in February. However, only index readings above 50 indicate growth. Empl...


Monster jobs index up for month, sags for year

April 3, 2008

Although the Monster Worldwide Inc. (NASD: MNST) employment index edged up two points to a reading of 167 in March from February's 165, it remained down 18 points year-over-year. "The Monster employment index's slight increase in March was below historical levels for this time of year, and reflec...


Report says U.S. added 8,000 jobs in March

April 2, 2008

The United States added 8,000 private-sector jobs in March, on a seasonally adjusted basis, according to the national employment report released today by Automatic Data Processing Inc. (NYSE: ADP). The report also revised down its count of jobs lost in February to 18,000. Weakness in employment i...


Crdentia Corp. narrows loss

April 2, 2008

Net loss at Dallas-based healthcare staffing firm Crdentia Corp. (OTCBB: CRDT.OB) narrowed in the fourth quarter and in full-year 2007. The company posted a net loss of $2.6 million in the fourth quarter of 2007 compared with a net loss of $13.6 million in the same period in the previous year. Cr...


Randstad launches offer for Vedior

April 2, 2008

Randstad Holding NV today launched its offer for shares of fellow Dutch staffing firm Vedior NV. Randstad first announced plans to acquire Vedior in December, and the combined companies would rank as the second-largest staffing firm in the world. Randstad will pay euro9.50 plus 0.32759 in its own...


New Orleans has lowest jobless rate

April 2, 2008

The New Orleans area reported the lowest jobless rate in February, 3.1%, among U.S. metropolitan areas with populations of 1 million or more, the U.S. Bureau of Labor Statistics reported today. The Washington DC metropolitan area, which had the lowest jobless rate in January, ranked second in Feb...