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Adecco



Statement by Tig Gilliam, CEO of Adecco Group North America, on June's Bureau of Labor Statistics Jobs Report



July 18th, 2008

The following is a statement by Tig Gilliam, CEO of Adecco Group North America (www.adeccousa.com), on June's Bureau of Labor Statistics jobs report which was released at 8:30 AM ET.

Today's report stated the unemployment rate remained steady at 5.5% in June. This indicates that while employers continue to be cautious, they're still hiring as needed and are resisting widespread cuts to their workforce. Job losses were mainly in manufacturing, construction and employment services. Job gains continue in healthcare and grew in mining as well.

Gas and food prices as well as the mortgage and credit crises have all cast a shadow on the economy, but recent...


Source: Health Business Week (2008-07-18)

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