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Executives are more optimistic about adding to payrolls over the
next four months
 
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M&A activity is beginning to rebound in the
staffing industry

 
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Human resources and training firms will flourish
,
 
<
Consulting/IT
Outsourcing
>
 

BPO Market
to Grow to $1.2 Trillion
by 2006
 
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Executive search firm
partners with
CareerJournal.com on branding campaign

 
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The combined company will have a dominant industry position
 
     
 
Industry News: June 23 to August 15, 2002
 
 

The temporary-staffing industry is almost giddy about the prospects for its long-term business

The temp business argues, and so do some economists, that the swelling ranks of temporary workers are the result of more responsive business models throughout corporate America.

 

Global Human Resources consulting firm recognized in Business Week as one of the "Top 100 Hot Growth Companies"

 

Small IT services firms show consistent growth despite economic downturn



Fortune 100 manufacturer requesting
top executives to sign non-competes

45% of Retail IT Budgets Will Increase in 2002

Nearly forty-five percent (44.6%) of retail IT budgets will increase in 2002 with the bulk of that spend going toward maintenance and production


TMP president resigns;company cutting 1,000 jobs

 

Monster continues to be the destination of choice to meet job seekers' career management needs

 

Statistics compiled by De Bellas & Co., a leading specialty Investment Banking firm, indicate that 41 staffing businesses were sold or merged in the second quarter of 2002. This compares favorably to the 28 announced transactions in the first quarter of 2002 and is the highest level of announced M&A activity in the staffing industry since the fourth quarter of 2000










Overall, 67% of executive search consultants said that they were generally positive about the outlook for the search industry for the remainder of 2002.

 

Internet-related business no longer is the most preferred industry for a job after college, replaced by the entertainment/media business

 

Recruiting Solutions' WorkforceERP™ was honored by CSIA for the extensive efficiencies it creates in its clients' workforce management processes.