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General Employment aims for turnaround

July 8, 2008

General Employment Enterprises Inc. (AMEX: JOB) announced Monday it's taking a series of steps to turn the company around, and has closed three unprofitable branches so far this year. CEO Herbert Imhoff Jr., said more closures could take place. "Our overall operational performance is unacceptable...


Employment trends index dips

July 7, 2008

The Conference Board's employment trends index dipped 0.6% in June, and now stands at 111.9. It has fallen 8% since July 2007. Total nonfarm employment peaked in December 2007, and 438,000 jobs have been lost since, according to The Conference Board. "The decline in payrolls is still mostly conce...


Research from Staffing Industry Analysts

July 7, 2008

Here is a list of research reports released last week by Staffing Industry Analysts. INSIGHT - America's fastest-growing private staffing firms 2008 A total of 61 companies made this year's list of fastest-growing staffing firms, also known as The 25% Club. That's up from 47 last year. For more,...


Still have your job? Go thank a temp

July 7, 2008

Temporary workers are again absorbing the shock of economic change, Jon Osborne, director of research and analysis at Staffing Industry Analysts, writes in the Contingent Blog. About half the 62,000 jobs lost in June were temporary. For more, click here.


Spherion index - Worker confidence slips

July 7, 2008

Worker confidence edged down in June, according to the Spherion Corp. (NYSE: SFN) employee confidence index. The measure fell 0.8 points to 46.1. The number of workers in the index's survey reporting confidence in the future of their employers fell one point to 63% in June. And the number of work...


Michael Page gross profit up 26%

July 7, 2008

London-based Michael Page International PLC said worldwide gross profit rose 26.0% to GBP152.4 million (US$304.1 million) in the second quarter. Second-quarter gross profit rose 41.6% to GBP14.1 million (US$28.1 million) in its Americas segment, which includes North and South America. The company...


Office openings

July 3, 2008

TekPartners announced the opening of its new Atlanta office. The office will be headed up by Brian Huie. P2P Staffing Corp.-TekPartners/MedPartners HIM ranked No. 3 on Staffing Industry Analysts' list of fastest-growing staffing firms. Medical Connections Inc. (OTCBB: MCTH.OB) signed a lease to m...


Jobless claims rise by 16,000

July 3, 2008

In the week ended June 28, the advance figure for seasonally adjusted initial unemployment claims was 404,000, an increase of 16,000, or 4.1%, from the previous week's revised figure of 388,000. The four-week moving average was 390,500, an increase of 11,250 from the previous week's revised avera...


Service sector growth hits bump

July 3, 2008

The U.S. service sector contracted in June following two months of growth, according to the Institute for Supply Management's nonmanufacturing index released today. The index fell to 48.2 in June from 51.7 in May. Readings above 50 indicate growth. Employment in the service sector contracted at a...


No Daily News on Friday

July 3, 2008

The Staffing Industry Daily News will not be published on Friday, July 4, because of the Independence Day holiday. Look for your next issue on Monday, July 7.