Kelly Services Offers Advanced Commentary on the Unemployment Rate for June
Kelly Services Offers Advanced Commentary on the Unemployment Rate for June
July 5, 2006
WHAT: Advance comment on the unemployment rate announcement provided by
global staffing solutions provider, Kelly Services.
WHO: Carl Camden, president and chief executive officer, Kelly
Services.
DETAILS: The following commentary is offered in advance of the June
unemployment rate announcement due Friday from the U.S. Department
of Labor:
"Following a month where weaker numbers were produced, we expect
to see modest acceleration in job creation for June. Record low
unemployment rates are evident across the country, including the
Midwest.
"Due to unyielding gas and commodity prices, inflation continues.
Wage increases are moderate, and the bargaining power remains in
the hands of highly credentialed and experienced professionals.
Technical sectors including engineering and information technology
are experiencing growth, while manufacturing continues to lag.
"The first half of the year proved to be positive with the economy
producing good, solid numbers. Heading into the third quarter, the
employment picture should remain one of steady, moderate growth."
WHEN: Carl Camden is available Friday, July 7 for media interviews
through the contact information listed above.
About Kelly Services
Kelly Services, Inc. (NASDAQ: KELYA) (NASDAQ: 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 operates in 30 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 2005 was $5.3 billion. Visit www.kellyservices.com.
Media Contact:
Amy Grundman
Kelly Services, Inc.
(248) 244-5630
SOURCE: Kelly Services, Inc.