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ADO Adecco Sa

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Share Name Share Symbol Market Type
Adecco Sa NYSE:ADO NYSE Ordinary Share
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  0.00 0.00% 0.00 -

Adecco's 'Where-the-Jobs-Are' Report Shows Increased Hiring in Kansas City

21/06/2005 1:00pm

Business Wire


Adecco (NYSE:ADO)
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In advance of the Kansas City unemployment report, Adecco (NYSE:ADO), the staffing industry's market leader in the U.S. and the world, today announced it is seeing increased demand for employees in the Kansas City area, especially in the manufacturing, distribution, and financial services industries. Kansas City is one of the many locales across the country where Adecco is responding to a growing need for contingent workers from employers in a variety of industries. Mimi Lipari, Area Director for Adecco in the Kansas City area, says, "New development initiatives across the city have attracted an influx of businesses moving into the Kansas City area. More and more office space is being leased by financial services and insurance companies, leading to increased demand for clerical and administrative assistant positions. In regard to industrial business, we continue to see high demand for entry-level logistics and manufacturing positions, two industries that are core to the local economy." Lipari adds, "Job seekers should take note that in addition to traditional temporary hiring, Adecco branches are receiving more requests for temp-to-hire and direct-hire candidates. Within the last month Adecco opened a direct placement division in the area to handle the increased demand from companies to hire more staff, mostly in the financial services and marketing arenas. With this increased activity, Kansas City has proven to be one of the hottest areas in the Midwest to find a new position." Adecco releases its "Where the Jobs Are" report in advance of local unemployment reports to provide more depth and breadth to the employment picture in selected regions. The report is based on interviews with Adecco recruiters across the country and consists of press releases that report on hiring trends in regions experiencing employment growth. The trends in these regions are not intended to be indicators of nationwide trends. Forward-Looking Statements Information in this release may involve guidance, expectations, beliefs, plans, intentions or strategies regarding the future. These forward-looking statements involve risks and uncertainties. All forward-looking statements included in this release are based on information available to Adecco S.A. (the "Company") as of the date of this release, and we assume no duty to update any such forward-looking statements. Factors that could affect the Company's forward-looking statements include, among other things: global GDP trends and the demand for temporary work; changes in regulation of temporary work; intense competition in the markets in which the Company competes; changes in the Company's ability to attract and retain qualified temporary personnel; the resolution of US state unemployment tax reviews; the resolution of a French anti-trust investigation; the resolution of the US class action litigation and remaining regulatory inquiries relating to the 2003 financial reporting delay; and any adverse developments in existing commercial relationships, disputes or legal proceedings. The forward-looking statements in this release are not guarantees of future performance and actual results could differ materially from our current expectations. Numerous factors could cause or contribute to such differences. Please refer to the Company's most recent Annual Report on Form 20-F and other reports filed with or submitted to the United States Securities and Exchange Commission from time to time, for a further discussion of the factors and risks associated with our business. About Adecco Adecco S.A. is a Forbes 500 company and the global leader in HR solutions. The Adecco Group network connects up to 700,000 associates with business clients each day through its 30,000 employees and 6,000 offices in 70 territories around the world. Registered in Switzerland, and managed by a multinational team with expertise in markets spanning the globe, the Adecco Group delivers an unparalleled range of flexible staffing and career resources to corporate clients and qualified associates. The Adecco Group comprises three Divisions: Adecco Staffing, Ajilon Professional and LHH Career Services. In Adecco Staffing, the Adecco network focuses on flexible staffing solutions for global industries in transition, including automotive, banking, electronics, logistics and telecommunications; Ajilon Professional offers an unrivaled range of specialized branded businesses; LHH Career Services encompasses our portfolio of outplacement and coaching consultancy businesses. Adecco Staffing USA serves more than 70,000 clients a year through a nationwide network of almost 1,100 points of sales and service. With headquarters in Melville, NY, Adecco employs about 3,100 full-time employees and places more than 130,000 temporary associates each week. Adecco USA is a member of the American Staffing Association, an organization that promotes legal, ethical, and professional practices for the staffing industry. Adecco S.A. is registered in Switzerland (ISIN: CH0012138605) and listed on the Swiss Stock Exchange with trading on Virt-x (SWX/VIRT-X:ADEN), the New York Stock Exchange (NYSE:ADO) and Euronext Paris - Premier Marche (EURONEXT: ADE). Additional information is available at www.adeccousa.com.

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