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Addison Group Buys CVPartners

peHUB (09/02/2014) Iris Dorbian

Professional staffing provider Addison Group has acquired staffing firm CVPartners Inc. for an undisclosed sum. The purchase of CVPartners, which has offices in the San Francisco and Seattle markets, allows Addison to expand into the West Coast. Addison is focusing on increasing its market share nationwide through organic expansion and buying high growth, high margin firms with complementary services.

Upbeat Economic Reports Signal Sustained Improvement

Wall Street Journal (09/02/14) Kathleen Madigan

The Institute for Supply Management’s purchasing managers’ index increased from 57.1 in July to 59.0 in August, surprising economists and indicating that the U.S. economy will see greater expansion during the second half of the year. It was the best reading since March 2011. However, international crises could sidetrack the recovery.

Last month experienced the most manufacturing activity since April 2010, according to a Markit factory survey.

Online Labor Demand Rises 164,600 in August

Conference Board News Release (09/03/14)

Online advertised vacancies rose 164,600 to 5.2 million in August, according to the Conference Board Help Wanted OnLine Data Series. The July supply and demand rate stands at 1.9 unemployed for each advertised vacancy, with a total of 4.6 million more unemployed workers than the number of advertised vacancies. The number of unemployed was 9.7 million in July. Professional occupations such as health care and computer and math continued to show improvements in August after earlier 2014 losses. Service occupations such as office and administration also saw gains.

“Labor demand has shown some renewed strength over the past three months with an average increase of 102,000 per month,” says Gad Levanon, director of macroeconomics and labor markets at the Conference Board. “The 2014 gains through August are an improvement over the slower-paced gains of 2013 for the same time period.”

Staffing World® 2014 Special Guests Announced—Register by Friday to Save

Did you hear the news? The Fab Four—the “best Beatles tribute band”—will perform at the ASA annual convention and expo, Oct. 13–15 at the Gaylord National Resort and Convention Center in metro Washington, DC.

The performance caps off a grand finale event Wednesday, Oct. 15, sponsored by ASA corporate partner Essential StaffCare.

To learn about the performance, and all the high-caliber content, high-quality networking opportunities, and the largest industry expo anywhere, visit staffingworld.net. Register by this Friday, Sept. 5, to save up to $150 per person.