October 6, 2005

Advance Comment on the Unemployment Rate Announcement Provided by Global Staffing Company Kelly Services

TROY, Mich., Oct. 6 --

WHAT: Advance comment on the unemployment rate announcement provided by global staffing company Kelly Services.

WHO: Carl Camden, president and chief operating officer, Kelly Services.

DETAILS: The following commentary is offered in advance of the September unemployment rate announcement due Friday from the U.S. Department of Labor:

"For the month of September, we expect to see significant job losses due to the effects of Hurricanes Katrina and Rita. While the numbers will likely be skewed given the data was collected in the midst of hurricane activity, we anticipate there will be an overall decline in net jobs. However, we believe that these occurrences will have a short-term impact and job creation will rebound over the medium term.

"We're seeing an increased demand for engineers, scientists, and technology professionals surrounding the rebuilding efforts along the Gulf Coast. Overall, the temporary employment sector also accounts for a good portion of the jobs being created, which indicates continuing stability for the employment picture overall.

"Heading into the fourth quarter, we believe the economy and job market are gaining strength, and that any economic fluctuation caused by the hurricanes will be temporary."

WHEN: Friday, Oct. 7, 2005

About Kelly Services

Kelly Services, Inc. (Nasdaq: KELYA, KELYB) is a Fortune 500 company headquartered in Troy, Mich., offering staffing solutions that include temporary staffing services, staff leasing, outsourcing, vendor on-site and full-time placement. Kelly owns and operates nearly 2,600 offices in 29 countries and territories. Kelly provides employment to more than 700,000 employees annually, with skills including office services, accounting, engineering, information technology, law, science, marketing, light industrial, education, health care and home care. Revenue in 2004 was $4.98 billion. Visit http://www.kellyservices.com .

(Logo: http://www.newscom.com/cgi-bin/prnh/19991208/KELLYLOGO )

SOURCE Kelly Services, Inc.

NOTE TO EDITORS: Carl Camden is also available for media interviews through the contact information.
CONTACT: Amy Grundman of Kelly Services, Inc., +1-248-244-5630, grundab@kellyservices.com


Close window | Back to top

Copyright 2014 Kelly Services Inc.