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U.S. Hotel Staffing Company Files for Bankruptcy, Seeks Sale

Reuters (10/24/13) Tom Hals

Atlanta-based Hospitality Staffing Solutions Group LLC has filed for Chapter 11 bankruptcy and will hold a court-supervised auction of its businesses. The large U.S. provider of housekeeping staff for hotels was acquired by Frontenac Co. for $80 million in 2010 and shortly after encountered problems with employee verification and other operational issues that—coupled with increased competition and the sluggish economic recovery—strained the company’s finances. Nine of its Hospital Staffing affiliates also filed for bankruptcy.

Job Openings and Labor Turnover Steady in August

U.S. Bureau of Labor Statistics (10/24/13)

The U.S. Bureau of Labor Statistics reports 3.9 million job openings at the end of August, on par with the previous month. There were 4.5 million hires in August and 4.4 million total separations, and the 3.3% hires rate and the 3.2% separations rate were little changed from July. The report was delayed more than two weeks by the partial government shutdown at the beginning of the month.

The rate of voluntary quits also held steady at 1.7% for total nonfarm, 2.0% for total private, and 0.6% for government, and also holding steady was the layoffs and discharges rate at 1.2%. The agency reported 52.3 million hires and 50.4 million separations during the year-to-year period ending in August, amounting to a net employment gain of 1.9 million.

Orders for U.S. Durable Goods Increase on Aircraft Demand

Bloomberg (10/25/13) Jeanna Smialek

According to the U.S. Department of Commerce, orders for U.S. durable goods rose by the most in three months in September, fueled by a strong demand for commercial and military aircraft that overcame a drop in business equipment.

Orders for goods meant to last at least three years rose 3.7% after a revised 0.2% increase in August. Bloomberg economists had forecast a gain of 2.3%. Demand for capital equipment fell 1.1%. Strong domestic auto and housing markets are continuing to bolster expansion.

ASAPro Webinar This Month—Find Your Competitive Advantage

In an industry that’s perceived as a commodity, you need to differentiate your firm. Learn how to effectively market your value proposition and create distinct competitive advantages during the ASAPro webinar “Gain a Competitive Advantage—Stop the Commodity Rat Race.” It takes place Thursday, Nov. 7, 3–4 p.m. Eastern time.

ASAPro webinars are $295 for nonmembers and qualify for continuing education hours toward ASA certification renewal. Join ASA and enjoy ASAPro webinars for FREE.

Welcome New ASA Members

The ASA board of directors and staff welcome the following new members, which joined during the week of Oct. 14.

Integra Business Alternatives
Albany, GA

KY Staffing Solutions
Morehead, KY

Normann Staffing Services
Paramus, NJ

Quality Employment & Multi Services Inc.
Downey, CA

Quality Staffing
Dalton, GA

TempsNow
Hartford, CT

Trinity Employment Specialists
Tulsa, OK

Find What You Need for Your Business—Shop the ASA Marketplace

The ASA Marketplace has been getting rave reviews from staffing professionals looking to purchase products and services for their companies.

Unlike any online resource of its kind, the content-rich, user-friendly ASA Marketplace features one-click access to supplier company news releases, allows searches by industry sector, delivers geographical search capabilities for firms with multiple locations, and much more.

Shop the ASA Marketplace—your No. 1 source for suppliers to the staffing industry. Suppliers interested in getting listed or advertising should contact Antoinette Dixon at 703-253-1142.