Adecco's 'Where-the-Jobs-Are' Report Shows Increased Hiring in San Diego.SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. -- In advance of the California state unemployment report, Adecco (NYSE NYSE See: New York Stock Exchange :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 manufacturing and pharmaceutical industries. San Diego 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. Jody Mohammed, Adecco area vice president for the San Diego area, says, "The trend over the past several years has been for the local economy to show strong activity toward the end of the third quarter, just a few months from now. We have, however, been pleasantly surprised to see our customers doing very well over the summer as goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. are more in demand than expected." Adecco is seeing demand for a wide spectrum of jobs in manufacturing, including assembly-line workers, quality assurance inspectors, accountants, field technicians and management positions. While the assembly line and quality inspector jobs are seasonal or temporary positions, many of the accounting, managerial and technical positions are being hired on a temp-to-hire or direct-hire basis. As Mohammed says, "While manufacturing is showing a mix of temporary and direct-hire positions, pharmaceutical companies need candidates who can commit to long-term temporary projects. Pharmacists and pharmacy technicians for fulfillment and customer service are in strong demand in this capacity." Mohammed notes, "Our clients are committing extra capital toward securing top employees as the job market gets more competitive and the economy picks up momentum. It's an ideal time to evaluate your current employment situation as everything is indicating that the rest of 2005 will be great for the San Diego economy." 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 GDP (guanosine diphosphate): see guanine. 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 An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. and remaining regulatory inquiries relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the 2003 financial reporting delay; and any adverse developments in existing commercial relationships, disputes or legal proceedings All actions that are authorized or sanctioned by law and instituted in a court or a tribunal for the acquisition of rights or the enforcement of remedies. . 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 United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. 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 LHH League for the Hard of Hearing LHH Laguna Honda Hospital (San Francisco, California) LHH L-Band HH LHH Lutheran Hospice of Hope 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 out·place·ment n. The process of facilitating a terminated employee's search for a new job by provision of professional services, such as counseling, paid for by the former employer. 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 The American Staffing Association was founded in 1966 to be the "voice" of the staffing industry in the United States. Its members operate more than 15,000 staffing offices nationwide and account for more than 85% of staffing industry sales. , an organization that promotes legal, ethical, and professional practices for the staffing industry. Adecco S.A. is registered in Switzerland (ISIN Isin (ĭs`ĭn), capital of an ancient Semitic kingdom of N Babylonia. The city became important after the third dynasty of Ur fell to the Elamites and the Amorites (c.2025 B.C.). The phase from c.2025–c.1763 B.C. : CH0012138605) and listed on the Swiss Stock Exchange with trading on Virt-x (SWX/VIRT-X:ADEN), the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. (NYSE:ADO) and Euronext Paris Euronext Paris is France's securities market, formerly known as the Paris Bourse, which merged with the Amsterdam and Brussels exchanges in September 2000 to form Euronext NV, which is the second largest exchange in Europe behind the London Stock Exchange. - Premier Marche (EURONEXT: ADE). Additional information is available at www.adeccousa.com. |
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