Adecco Where-the-Jobs-Are Report Shows Manufacturing Hires Increasing Throughout Minnesota
17 Oktober 2005 - 9:02PM
Business Wire
In advance of the Minnesota state unemployment report Adecco
(NYSE:ADO), the staffing industry's market leader in the U.S. and
the world, today announced it is seeing a sizeable increase in
demand for temp-to-hire machine operators and device assembly
workers in Minnesota's manufacturing sector as well as for call
center positions in the telecommunications industry. This is one of
many areas across the country where Adecco is responding to a
growing need for contingent workers from employers in a variety of
industries. Deb Nettesheim, Adecco area director in Minneapolis,
says, "Typically, the fourth quarter is a busy time of year for
manufacturing and distribution because it leads into the busy
holiday buying season, but this year brought some unforeseen events
and conditions that have led to an even greater demand for
permanent and temporary manufacturing workers." Nettesheim
elaborated on the greater manufacturing worker demand, saying,
"Hurricanes Katrina and Rita spurred a massive need for power
generators, which are being manufactured here in Minnesota, causing
some plants to significantly increase their workforce." Nettesheim
also points out that some out-of-state manufacturers have closed
plants elsewhere and consolidated throughout Minnesota, a state
known for its robust manufacturing industry. For those seeking
permanent employment, Nettsesheim says many manufacturers Adecco
works with are asking for temp-to-hire candidates who can enter the
client company on a temporary basis with the understanding they may
be hired directly by the company upon review. "These manufacturers
make a sizeable investment in training the workers we provide them,
so in order to retain and implement the knowledge passed on during
training, they are looking for workers who are interested in
becoming the company's employees." Adecco has also responded to
telecommunications industry demand for call center workers
throughout the state. 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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