Kelly Services Reports Fourth Quarter and Full Year 2012 Results
Kelly Services News Release
Kelly Services Inc. today reported net earnings of $8.9 million for the fourth quarter of 2012, compared with $24.1 million reported for the same period in 2011. Net earnings for the full year of 2012 totaled $50.1 million, down 13.6% from the prior year.
Earnings from operations for the fourth quarter of 2012 totaled $9.8 million, compared with $12.7 million reported for the fourth quarter of 2011—a 2.9% decline. U.S. revenues were $877.9 million in the quarter.
Earnings from operations for the full year of 2012 totaled $72.3 million, a 14.6% increase from the $57.7 million reported in 2011. U.S. revenues were $3.4 billion in 2012.
Business, Labor Tackle Worker Visas
Wall Street Journal
(01/31/13) Laura Meckler
The U.S. Chamber of Commerce, the AFL-CIO, and the Service Employees International Union are working together to develop rules that would allow low-skilled employees into the U.S. The aim is to craft a visa program geared toward filling jobs at hotels, janitorial services, meat-packing companies, and other businesses that use low-skilled labor. Eight U.S. senators have endorsed a bipartisan framework for legislation that would let companies bring foreign employees to the U.S. if they can’t find Americans for open jobs. More foreign employees would be allowed into the country when the economy is strong and fewer would be allowed in when the economy is weak.
Some Unions Grow Wary of Health Law They Backed
Wall Street Journal
(01/31/13) Janet Adamy; Melanie Trottman
Although labor unions were big proponents of President Obama’s health care reform plan, now that the law is being implemented, some unions are rethinking their views. Union officials say many of the law’s mandates will boost costs for their health care plans and make companies with unionized employees less competitive, particularly compared with competitors too small to come under the law’s new mandates. Some unions are advocating that their lower-paid members receive federal insurance subsidies while staying on their union-sponsored plans. However, this would drive up the cost of federal health care reform.
Weekly Jobless Claims Rise
Wall Street Journal
(01/31/13) Josh Mitchell; Eric Morath
The number of people who filed new applications for U.S. unemployment benefits climbed 38,000 to a seasonally adjusted 368,000 in the week ended Jan. 26, putting them at a one-month high, according to data released today by the U.S. Department of Labor. The overall level still signaled a slowly growing labor market. Economists surveyed by Dow Jones Newswires forecast 365,000 new applications for jobless benefits last week. Claims still remained below the 400,000 level, which many economists view as the threshold between a labor market that is improving or deteriorating. The four-week moving average edged up by 250 to 352,000.
ASAPro Webinar Today—Understanding Video Résumés
Right now, recruiters are using video résumés to recruit and place candidates. Should you be one of them?
Hear from a panel of industry experts during the ASAPro
webinar “Video Résumés in Recruiting and Placing Candidates—What You Need to Know
,” Thursday, Jan. 31, 3–4 p.m. Eastern time. Learn about the benefits of video résumés, from the candidates’ and clients’ perspective, and find out how video résumés can enhance your recruiting efforts.
This webinar is free
for ASA members and qualifies for continuing education hours toward ASA certification renewal. Register online at americanstaffing.net
Learn What the EEOC Is Planning at the ASA Staffing Law Conference
The U.S. Equal Employment Opportunity Commission issued guidance last year about how employers should use criminal background checks of job applicants. Do you know what you can ask about an applicant’s criminal history, or how you should treat an applicant’s arrest record? Find out at the 2013 ASA Staffing Law Conference, May 7–8, in Washington, DC.
“Analyzing EEOC Guidance: Latest Background Check Parameters and Strategies” is just one of several can’t-miss sessions at the ASA Staffing Law Conference, the only program devoted to legal and regulatory issues facing staffing firms. Visit americanstaffing.net/lawconference
for the agenda, registration information, and more.
Share Your Expertise—Present at a Section Forum at Staffing World® 2013
Can you offer solutions for the challenges staffing firms face? ASA is looking for staffing industry professionals to share their experience and expertise on sector-specific content at this year’s Section Forums at Staffing World, the ASA annual convention and expo, Oct. 8–10 in Orlando, FL.
The rapid-fire learning format allows insights into many different topics. Presenters may share success stories from the field, explain lessons learned, or offer best practices within the sector. There will be six forums, one to represent each ASA section: health care; industrial; office–administrative; professional; search and placement; technical, IT, and scientific.
to download submission guidelines and timelines. Email submission materials to firstname.lastname@example.org
. The deadline to volunteer and submit a proposal is Feb. 8.