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Busting those co-employment myths

December 4, 2007

Barry Asin, Staffing Industry Analysts executive VP and chief analyst , blogs on co-employment facts and fiction. Click here.

Deals close - Spherion, Barrett

December 4, 2007

Spherion Corp.'s (NYSE: SFN) acquisition of Technisource Inc. is complete, the company announced the deal's closure on Monday. Spherion paid $140 million for Technisource, a Little Rock AR-based information technology staffing and solutions company.

Barrett Business Services Inc.'s (NASD: BBSI) completed...

Registered nurses will see most jobs added

December 4, 2007

The U.S. will add 587,000 jobs for registered nurses in the decade between 2006 and 2016, the largest increase of any occupational group, the U.S Bureau of Labor Statistics reported today in its employment projections for the decade. In 2016, there will almost 3.1 million jobs for registered nurses....

Research from Staffing Industry Analysts

December 3, 2007

Here is a list of research reports, and citations to other research, released last week by Staffing Industry Analysts.

INSIGHT - Recruiting firms serving the staffing industry
This Insight takes a look at the recruiting firms that recruit for the staffing industry. It includes a list of firms that serve...

Online job ads fall

December 3, 2007

The number of U.S. jobs posted online fell 2.1%, to almost 4.1 million in November, according to The Conference Board's online help-wanted advertising survey. But the number of ads was up 9.7% over November 2006.

New online ads — those which didn't appear in the previous month — fell 2.3% to 2.8 million...

Manufacturing index shows slower growth

December 3, 2007

Growth in the U.S. manufacturing sector slowed again in November, according to the Institute for Supply Management. Its key purchasing managers index for manufacturing fell to 50.8 in November from 50.9 in October, the fifth month of declines. The employment portion of the index also fell to 47.8 in...

Randstad to buy Vedior

December 3, 2007

Randstad Holding NV said Monday it agreed to buy Vedior NV, which will create the world's second-largest staffing company. Randstad said it will pay euro3.51 billion (US$5.14 billion) in cash and stock. The deal values each Vedior share at euro20.19 (US$29.56). It's slated to close in March or April...

Economic gauge contracts

November 30, 2007

The growth rate for the Economic Cycle Research Institute's forward-looking gauge of the U.S. economy for the week ended Nov. 23 contracted 1.8%. ECRI's weekly leading index level fell to 138.1 from 139.1 in the prior period.

The index level measures weekly changes while the growth rate is derived from...

Randstad bids for Vedior

November 30, 2007

Randstad Holding NV, the world's third-largest staffing firm, began talks to acquire Vedior NV, the fourth-largest, both companies announced today. The Netherlands-based companies would vault ahead of Manpower Inc. (NYSE: MAN) and be second only to Adecco SA if combined.

Randstad said the discussions...

Recognition - SALO, CBS Personnel, Executive Staffing Group

November 30, 2007

Minneapolis-based staffing firm SALO LLC announced it was named as one of the "Fast 50" by the Minneapolis/St. Paul Business Journal. The list ranked businesses based on percentage revenue growth over the last three years. SALO ranked 13.

Cincinnati-based CBS Personnel Holdings Inc. announced it was...