Temporary/Staffing
News
Other sector News
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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
,
 
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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
 
     
  Temporary/Staffing sector News: June 20th -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.

State Attorney General Janet Napolitano has filed a lawsuit against Labor Ready

The suit alleges that temporary staffing giant Labor Ready has routinely charged its Arizona workers check-cashing fees


M&A activity is beginning to rebound in the staffing industry according to Investment Banking firm

Of particular interest are mature firms specializing in healthcare staffing, as the outlook for this niche continues to be favorable

ATC Healthcare to recruit nurses from India

As the nursing shortage and competition increases, we believe, this outreach is a viable opportunity to bring skilled healthcare workers into



Convergys to Add Hundreds of Call Centers Jobs

Typically, Convergys increases its employee base in the fall in preparation for the fourth quarter, when catalog sales and customer- service questions increase.

"This year, though, the ramp-up is happening a little earlier. Some of our clients are doing well and have decided to increase their spending [on marketing],"

Major Financial Services firm
selects Temporary Staffing vendor

Beeline, the human capital automation business unit of MPS Group, Inc. (NYSE: MPS), announced today that Merrill Lynch, one of the world's leading financial management and advisory companies, has selected Beeline to automate and manage the procurement of their temporary staffing and consulting services.

 

 

 

 

 

 

 

 

 

 

 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 

 

 

 

 

 


M&A activity is beginning to rebound in the staffing industry according to Investment Banking firm

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



Link Staffing acquires Labor Force

This strategic acquisition will expand our current client base significantly and reduce our operating costs,"


Temp Staffing franchisor rolls out
specialty practice aimed at the financial functions

The new initiative seeks to place highly skilled accounting and financial professionals in diverse industries such as banking, financial institutions, health care

Manpower Inc. enhances benefits for all employees

Among the enhancements offered:
- A larger selection of physicians, with more than a dozen new physician networks in its medical plan.


Strategy to connect hourly workers and employers

A lot of job seekers don't have access to the Internet and many don't have prepared resumes. CareerBuilder Connect makes it easy for them to find jobs

Career Accelerator' expands to Navy and Marine Bases throughout the nation

"We are honored that Adecco Career Accelerator has won the confidence of the Department of the Navy, and that they are committed to expanding the program to bases throughout the United States.

TALX says business is up

TALX Corp. said its July business activity improved over June's levels and it has reinstated its stock buyback program.
Transactions using its The Work Number employment and income verification service were up 11 percent in July over the first quarter. William Canfield, president and chief executive, attributed the increase to mortgage interest rates at record lows and many mortgage refinancings.
In addition, the company said the improvement in employment, particularly in the temporary staffing industry, would also boost activity at TALX.