Growth, Market Sizes and Forecast

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2009 GDP and unemployment projections

January 16, 2009

WSJ survey — median projection of -0.4% GDP growth in 2009
Unemployment peak projected to lag GDP bottom
Economists mixed — wide spread in range of projections

Economic indicators update

January 14, 2009

Economic indicators still decidedly recessionary
But slight improvement in December
Unemployment claims improve unexepectedly


January 9, 2009

Temp jobs down 81,000 in December
Another half million nonfarm jobs lost
Unemployment spikes to 7.2%...
 •but initial unemployment claims plummet
Key staffing markets on negative trend

Predictions - The year ahead

January 8, 2009

Economy looms large, difficult year foreseen
Consolidation among staffing firms expected
Gross margins likely to come down a bit

Staffing Industry Stock Index analysis

January 5, 2009

SISI rises 4.2% in December; 9 losers; 12 gainers
SISI down 34.9% in 2008; no gainers
Best in 2008: Resources Connection, Worst in 2008: Medical Staffing Network

Economic indicators update

December 8, 2008

ECRI index reaches new weekly low
Manufacturing and non-manufacturing indices both drop to record lows
4-week tally of unemployment claims tops last two recessions


December 5, 2008

Temp jobs down 78,000 in November
1% of nonfarm jobs lost in last 3 months
Unemployment jumps to 6.7%
Key staffing markets on negative trend

Staffing Industry Stock Index analysis

December 1, 2008

SISI falls 3.9% in November; 18 losers; 3 gainers
Median decrease of 14.2%
Month was kinder to larger companies

Survey of Professional Forecasters

November 17, 2008

Economists say U.S. in or near recession
Consensus is recession began in April
GDP to shrink in fourth and first quarters

Economic indicators update

November 9, 2008

Economic Cycle Research Institute's leading index reaches new weekly low
Manufacturing-sector of economy now in decline, with signs of acceleration
Level of unemployment claims enters recessionary territory