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Adecco Group North America

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

Published in Lab Law Weekly, November 21st, 2008

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

"Today the Bureau of Labor Statistics reported our 10th straight month of job losses as well as a 0.4% increase to the unemployment rate. Throughout 2008 we've seen national unemployment and job losses corresponding directly with increasing market turmoil, decreasing consumer confidence and the continuing credit crisis.

"While the job market has felt the impact of these broader economic trends, it is important to put today's results into perspective. October's unemployment rate rose to...

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