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ASA Releases Results of 2014 Staffing Employee Survey

Results of the ASA Staffing Employee Survey, which drew participation from nearly 12,000 current and former temporary or contract employees from 275 staffing companies, confirm that temporary and contract assignments help Americans get the permanent jobs they want.

The survey revealed that 99% of temporary and contract employees who want permanent positions achieve this career objective. Virtually all survey respondents indicated that securing a permanent job was important to them, and half (49%) stated that finding permanent employment was the primary reason for choosing to work in the staffing industry.

See additional findings from the survey in a special advance reprint of the article that will be published later this month in the July–August issue of Staffing Success magazine.

TrueBlue Reports 2014 Second-Quarter Results

TrueBlue News Release (07/24/14)

TrueBlue Inc. reported revenues of $453 million in the second quarter of 2014, up 7.0% from $422 million in the second quarter of 2013. Net income totaled $16.1 million, up 28.8% from $12.5 million in the second quarter of 2013.

“We are pleased with our growth in the second quarter, along with the momentum we have seen in June as seasonal business ramps up,” said TrueBlue chief executive officer Steve Cooper. “Our organic growth continues to be strong, and the acquisitions we made in 2013 are performing to our expectations.”

Jobless Claims in U.S. Unexpectedly Decrease to Eight-Year Low

Bloomberg (07/24/14) Nina Glinski; Victoria Stilwell

The number of people applying for unemployment benefits in the week ended July 19 fell by 19,000 to 284,000, the fewest since February 2006, according to the U.S. Department of Labor. The 50 economists surveyed by Bloomberg had forecast claims of 307,000. The four-week moving average of new claims dropped by 7,250 to 302,000, the lowest level since May 2007.

IMF Says Fed May Have Scope for Zero Rate Past Mid-2015

Bloomberg (07/23/14) Nina Glinski

According to the International Monetary Fund, the U.S. Federal Reserve may have reason to keep interest rates near zero due to muted inflation and the 2014 slowdown that is prolonging the recovery of the labor market. IMF forecast 2.0% 2014 growth last month but has since reduced its annual forecast to 1.7% due to contraction in the first quarter. It anticipates 3.0% growth next year, the fastest expansion since 2005.

Get a Sneak Peek at Staffing World®

Brought to you by the American Staffing Association, Staffing World is the largest, most comprehensive convention and expo in the staffing, recruiting, and workforce solutions industry. Each year, thousands of industry executives, professionals, leaders, and innovators convene for this must-attend event. This year’s event takes place Oct. 13–15 at the Gaylord National Resort & Convention Center at National Harbor.

Catch a glimpse of this exciting event in the new Staffing World video, available at staffingworld.net. And visit staffingworld.net for additional convention details. Register today and save up to $150 per person.

Free ASAPro Webinar Next Month—Boost Earnings With Retained Search

How could retained search practices help you close more deals and improve your firm’s bottom line? Find out during the ASAPro webinar “Make the Best of Your Contingency Searches and Triple Your Fill Ratios.” It takes place Thursday, Aug. 14, 3–4 p.m. Eastern time. You’ll learn how to sell exclusivity arrangements with your clients, present yourself as a consultative partner, and more.

All ASAPro webinars are free for ASA members, and most qualify for continuing education hours toward ASA certification renewal. To learn more and to register, visit americanstaffing.net.

Having Employees Sign Noncompete Agreements After They Have Already Started Working Could Be a Big Problem for Some EmployersM

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