Adecco's 'Where-the-Jobs-Are' Report Shows Increased Hiring on Long Island
16 Juni 2005 - 4:32PM
Business Wire
In advance of the New York state 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 throughout Long Island, especially in the financial
services and recruiting industries. The Long Island area 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. Lori Farley-Toth, Adecco area vice president for Long
Island, says, "We are still seeing high demand in financial
services for the three A's: accountants, analysts and auditors." In
a nod to the improving Long Island job market, Farley-Toth added,
"HR positions are booming. Many companies are hiring recruiters
right now for both temporary and permanent workers. I think as we
came out of the recession, companies started seeing their customer
base pick up and they had no time to train, so they turned to
staffing firms and recruiters to find exact job matches in a hurry.
Now they are adding internal resources in the next step toward
growth." Farley-Toth adds, "Job seekers should take note that in
addition to traditional temporary hiring, Adecco branches are
receiving more requests for direct hire candidates. In addition,
many people on long-term temporary assignments are being hired full
time by the client." People to fill temp-to-hire administrative
assistant and data entry positions in a wide variety of industries,
including mortgage brokering, the manufacture of business products
and personal care products, and distribution centers, are in high
demand from companies on Long Island. Farley-Toth notes, "This has
been a great year for temporary staffing so far. According to the
Bureau of Labor Statistics, the nation's temporary staffing
industry grew 6.9% from April 2004 to April 2005. Adecco is seeing
similar percentage growth in the number of associates we're placing
on Long Island." Adecco releases its "Where the Jobs Are" report in
advance of the state 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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