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Situation Overview: The April economic snapshot painted
a mixed picture of the country's employment climate, and suggested
that the economy was heading for more moderate but still healthy
growth. However, we still see a strong demand for workers as evidenced
by the following factors:
-- Employers expect this year's college hiring to be up 13.8%
from last year, according to the National Association of
Colleges and Employers.
-- The Labor Department reports that about 143 million Americans
have jobs right now, the most ever in history.
-- The payroll report, which shows the net number of jobs gained,
has shown a steady addition of jobs to the economy - a monthly
average of 174,000 for the past year.
These positive indicators make the May Employment Situation
Report, to be released by the Bureau of Labor Statistics on Friday,
June 2nd, heavily anticipated. The May jobs report will help
employers, workers and economists assess the strength of workforce
landscape and help them prepare for the remainder of 2006.
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Spokespersons: Bernadette Kenny, SVP of HR, Adecco Group North
America (Editor's note: Regional spokespeople also
available for regional and local market commentary and
insights.)
Points of Discussion:
-- The current resiliency of the economy despite the softening
real estate market, the high price of gas and increasing
interest rates
-- Cautious hiring activity: why employers intend to fill more
jobs but are slow to actually fill them
-- Class of 2006 graduates entering and succeeding in the
multi-generational workforce
-- The emergence of an entrepreneurial workforce - shifting the
balance between personal and professional lives of workers
-- Assessment of current job issues facing the workplace,
including the impending talent war, the multi-generational
workforce and retaining top talent
-- Increased confidence in job seekers due to positive activity
in the workforce and advice for workers in the increasingly
competitive job market
-- Insight into the industries that are hiring now, including
finance, IT and healthcare
-- Strategies on how companies can stay competitive in the
current recruiting environment
When: Friday, June 2nd, 2006
Contact: Chelsea Palmer, Ogilvy Public Relations Worldwide
(PH) 212/880-5217; (EM) chelsea.palmer@ogilvypr.com
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ABOUT ADECCO:
Adecco S.A. is a Fortune Global 500 company and the global leader
in HR services. The Adecco Group network connects over 700,000
associates with business clients each day through its network of over
33,000 employees and 6,600 offices in over 70 countries and
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.
Adecco S.A. is registered in Switzerland (ISIN: CH001213860) 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 the company's website at
www.adeccousa.com.