Adecco's 'Where-the-Jobs-Are' Report Shows Increased Hiring in Detroit Area
15 Giugno 2005 - 2:00PM
Business Wire
In advance of the Michigan 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 in the Detroit area, especially in the auto parts, auto
manufacturing and consulting industries. The Detroit 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. Barry Gray, a Detroit area branch manager says,
"Despite recent automotive industry news to the contrary, we are
seeing an increase in hiring in the manufacture of automobiles and
automotive parts, primarily on the production, maintenance and
quality inspection sides." Gray 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
positions in executive administration, production supervision and
quality control inspection are all in high demand from companies in
the Detroit area. "Two major consulting firms in the area have
recently placed large orders for temporary and permanent
associates," he says. Gray 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 in the Detroit
area." 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: the outcome of investigations by governmental
agencies or stock exchanges; the pace of economic recovery in
various regions and the demand for temporary staffing; the impact
and result of any litigation (including US class action
litigation); any adverse developments in existing commercial
relationships, disputes or legal proceedings; volatility of the
Company's stock price; intense competition in the markets in which
the Company competes; and negative reactions from the Company's
shareholders, creditors or vendors with respect to any of the
foregoing matters. The 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 Annual Report on Form 20-F for the year ended December
28, 2003, and other reports filed with or submitted to the U.S.
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
29,000 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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