What the press says about NEMIKU
Since it's inception, NEMIKU CORP's strong performance record has attracted the attention of clients, products and the media. We have been featured in a range of press articles with positive reviews on the company's trajectory. Here you can read what the media has been saying about us.
The Wall Street Journal reports that temporary employment agencies are the second fastest growing industry in the U.S.
One in eight professionals in the labor force today is a temp according to the Bureau of Labor Statistics. The Wall Street Journal reports that temporary employment agencies are the second fastest growing industry in the U.S. with 2.2 million people being employed by staffing companies each day. This relatively new industry is booming and workers need to know how to navigate the temporary employment system to take advantage of the benefits and lifestyle temping can offer.
Vice Chairman Roger Ferguson said on Wednesday the U.S. economic outlook had "brightened"
"These developments are encouraging signs, but they are no guarantee that a sustained solid expansion of final demand has gained traction, and we will be monitoring economic developments closely in coming months," he added. Ferguson described the current federal funds rate of 1.75 percent -- a 40-year low for the bellwether rate after 11 interest rate cuts in 2001 -- as "accommodative" and said that monetary policy had "substantially cushioned" the blows that hit the economy last year. Fed policymakers hold their next scheduled meeting on May 7 amid wide expectations they will leave borrowing costs untouched. Ferguson noted the economic downturn had made conditions tougher for small businesses but said they do not yet face a situation akin to the 1990s, when credit was all but choked off.
Top securities regulators launch formal investigation
The SEC said it is conducting the probe with the help of the New York Stock Exchange, the National Association of Securities Dealers, Spitzer and state securities regulators. "The SEC has commenced a formal inquiry into market practices concerning research analysts and the potential conflicts that can arise from the relationship between research and investment banking," the SEC said in a statement, notable for its rarity. The SEC's practice generally is to not confirm an investigation is under way. "The recent disclosures that resulted from the investigation by the New York State Attorney General, as well as the practices uncovered by the staff of the SEC, the NYSE and NASD, reinforced the commission's conclusion that further inquiry is warranted," the SEC's statement said. Pitt, the SEC chairman, called the probe "the next step -- and a critical one -- in the commission's year-long review of analyst practices," according to the statement.
U.S. Leading Economic Index Increases 0.1 Percent
The Conference Board announced today that the U.S. leading index increased by 0.1 percent, the coincident index increased by 0.2 percent, and the lagging index decreased by 0.4 percent in March. The leading index has been posting strong gains, growing by 2.9 percent from September 2001 to March 2002, and by 2.2 percent for each of the six-month periods ending January and February 2002. The gains would have been more robust had it not been for the weakness in building permits and claims for unemployment insurance. Gains in industrial production in the last three months, coupled with a recovery in employment, have helped push the coincident index up. Negative trends in these indicators were largely responsible for the decline in the coincident index last year. US economic recovery appears to be underway. The combination of rising energy prices, the current global instability, and the more cautious consumer and business sectors, however, might slow the pace of economic growth in the near term.
Labor Department reports four-week average of unemployment claims rose by 13,750 to 448,750 claims, the highest reading since November.
The figures are distorted by unemployed workers re-filing for extended benefits. Since the federal law extending benefits was enacted in mid-March, average claims have risen from about 395,000 to nearly 450,000. However, for March: Both payroll employment and the unemployment rate reflected little change in the economic climate. Manufacturing and construction each lost nearly 40,000 jobs, but services employment grew substantially. Both the manufacturing workweek and overtime hours rose over the month.
Energy Bill Sails Though Senate
The Senate approved the energy pac kage 88-11. The vote sets up a showdown with the House, which last year passed an energy bill that focuses more on helping energy companies boost production, including drilling in the Alaska refuge. This legislation "should increase our energy independence," said Majority Leader Tom Daschle, D-S.D. He called it "a far more responsible, progressive, consumer-friendly energy policy" than that outlined by the administration and passed by the House last August.
Workers' Wages Rise 0.8 Percent, points to mild inflation risk
U.S. workers' wages and benefits rose in the first quarter at the slowest pace in three years as the spotty economic recovery translated into less generous compensation packages. The first-quarter increase in compensation was the smallest since a 0.4 percent gain posted in the first quarter of 1999. The wages and salaries component of the index, viewed by economists as the best measure of changes in workers' compensation, grew 0.8 percent in the first quarter, slightly slower than the 0.9 percent rise recorded in the fourth quarter.
One in eight professionals in the labor force today is a temp according to the Bureau of Labor Statistics. The Wall Street Journal reports that temporary employment agencies are the second fastest growing industry in the U.S. with 2.2 million people being employed by staffing companies each day. This relatively new industry is booming and workers need to know how to navigate the temporary employment system to take advantage of the benefits and lifestyle temping can offer.
Vice Chairman Roger Ferguson said on Wednesday the U.S. economic outlook had "brightened"
"These developments are encouraging signs, but they are no guarantee that a sustained solid expansion of final demand has gained traction, and we will be monitoring economic developments closely in coming months," he added. Ferguson described the current federal funds rate of 1.75 percent -- a 40-year low for the bellwether rate after 11 interest rate cuts in 2001 -- as "accommodative" and said that monetary policy had "substantially cushioned" the blows that hit the economy last year. Fed policymakers hold their next scheduled meeting on May 7 amid wide expectations they will leave borrowing costs untouched. Ferguson noted the economic downturn had made conditions tougher for small businesses but said they do not yet face a situation akin to the 1990s, when credit was all but choked off.
Top securities regulators launch formal investigation
The SEC said it is conducting the probe with the help of the New York Stock Exchange, the National Association of Securities Dealers, Spitzer and state securities regulators. "The SEC has commenced a formal inquiry into market practices concerning research analysts and the potential conflicts that can arise from the relationship between research and investment banking," the SEC said in a statement, notable for its rarity. The SEC's practice generally is to not confirm an investigation is under way. "The recent disclosures that resulted from the investigation by the New York State Attorney General, as well as the practices uncovered by the staff of the SEC, the NYSE and NASD, reinforced the commission's conclusion that further inquiry is warranted," the SEC's statement said. Pitt, the SEC chairman, called the probe "the next step -- and a critical one -- in the commission's year-long review of analyst practices," according to the statement.
U.S. Leading Economic Index Increases 0.1 Percent
The Conference Board announced today that the U.S. leading index increased by 0.1 percent, the coincident index increased by 0.2 percent, and the lagging index decreased by 0.4 percent in March. The leading index has been posting strong gains, growing by 2.9 percent from September 2001 to March 2002, and by 2.2 percent for each of the six-month periods ending January and February 2002. The gains would have been more robust had it not been for the weakness in building permits and claims for unemployment insurance. Gains in industrial production in the last three months, coupled with a recovery in employment, have helped push the coincident index up. Negative trends in these indicators were largely responsible for the decline in the coincident index last year. US economic recovery appears to be underway. The combination of rising energy prices, the current global instability, and the more cautious consumer and business sectors, however, might slow the pace of economic growth in the near term.
Labor Department reports four-week average of unemployment claims rose by 13,750 to 448,750 claims, the highest reading since November.
The figures are distorted by unemployed workers re-filing for extended benefits. Since the federal law extending benefits was enacted in mid-March, average claims have risen from about 395,000 to nearly 450,000. However, for March: Both payroll employment and the unemployment rate reflected little change in the economic climate. Manufacturing and construction each lost nearly 40,000 jobs, but services employment grew substantially. Both the manufacturing workweek and overtime hours rose over the month.
Energy Bill Sails Though Senate
The Senate approved the energy pac kage 88-11. The vote sets up a showdown with the House, which last year passed an energy bill that focuses more on helping energy companies boost production, including drilling in the Alaska refuge. This legislation "should increase our energy independence," said Majority Leader Tom Daschle, D-S.D. He called it "a far more responsible, progressive, consumer-friendly energy policy" than that outlined by the administration and passed by the House last August.
Workers' Wages Rise 0.8 Percent, points to mild inflation risk
U.S. workers' wages and benefits rose in the first quarter at the slowest pace in three years as the spotty economic recovery translated into less generous compensation packages. The first-quarter increase in compensation was the smallest since a 0.4 percent gain posted in the first quarter of 1999. The wages and salaries component of the index, viewed by economists as the best measure of changes in workers' compensation, grew 0.8 percent in the first quarter, slightly slower than the 0.9 percent rise recorded in the fourth quarter.