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Adecco Group North America



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



December 26th, 2008

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

"While we've experienced heightened levels of uncertainty and volatility throughout 2008, one clear trend has unfortunately been the continued weakening of the U.S. job market. With unemployment reaching 6.7% and job losses totaling 533,000 in November, the jobs pendulum is continuing to swing in the wrong direction. Following this week's official declaration of a national recession, it is important to note the job losses in 2008 have been more gradual than during previous down cycles, indicating an...


Source: Health Business Week (2008-12-26)

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