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Hiring expectations rise in Asia

October 22, 2007

Hiring expectations rose in Asian markets with the exception of Singapore where expectations remained steady, according to the Hudson Highland Group Inc. (NASD: HHGP).

In China, 64% of survey respondents planned to increase headcount in the fourth quarter, up form 60% in the prior quarter. In Hong...


Research from Staffing Industry Analysts

October 22, 2007

Here is a list of research reports released last week by Staffing Industry Analysts. Click on headline for the full list.

INSIGHT - Information Technology Staffing Profile and Prospects

This Insight delves into the size of the IT staffing market, gross margins, our forecast for growth in this segment,...


Kelly buys German firm

October 22, 2007

Kelly Services Inc. (NASD: KELYA) has signed a definitive agreement to acquire access AG, a recruitment services company headquartered in Germany and with operations in Austria. The acquisition is expected to close by year-end. Estimated full year 2007 revenue is about $15 million.

Established in 1991,...


Gevity CEO resigns

October 19, 2007

The chairman and CEO of Gevity HR Inc. (NASD: GVHR), Erik Vonk, resigned effective immediately, the Bradenton FL-based professional employer organization announced today. Michael Lavington will take over as CEO and chairman. Lavington has been a Gevity director since 2006 and was named Gevity chief operating...


Economic gauge loses ground

October 19, 2007

The Economic Cycle Research Institute's forward-looking gauge of the U.S. economy for the week ended Oct. 12 contracted 0.4%. The index level was 139.9, down from 140.4 in the prior week. The ECRI gauge measures weekly changes in the economy according to a leading index level.


Idaho posts lowest jobless rate for third month

October 19, 2007

Idaho again posted the lowest unemployment rate among states, 2.3%, in September, the third month in a row, according to the U.S. Bureau of Labor Statistics. It was followed by Hawaii at 2.6%, Utah at 2.7%, and Montana and Virginia at 2.9% each. Michigan again had the highest unemployment rate among...


Robert Half revenue up 14.7%, profit nearly flat

October 19, 2007

Robert Half International Inc. (NYSE: RHI) reported revenue rose 14.7%, while net income rose less than a percent as selling, general, and administrative expenses grew faster than gross margins.

Revenue increased to $1.18 billion in the third quarter, up from $1.03 billion in the same period last year....


Latest Staffing Industry report released

October 19, 2007

To download a copy of the Staffing Industry Report, click here.


Initial unemployment claims up 28,000

October 18, 2007

In the week ended Oct. 13, the advance figure for seasonally adjusted initial unemployment claims was 337,000, an increase of 28,000, or almost 9.1%, from the previous week's revised figure of 309,000. The four-week moving average was 316,500, an increase of 6,000 from the previous week's revised average...


Beige Book - Economic growth slower

October 18, 2007

Economic activity continued to expand in September, but at a slower pace than the previous month, according to the U.S. Federal Reserve Beige Book report released Wednesday. Temporary staffing companies reported increased hiring with the exception of activity to support financial services and real estate....