General Employment Enterprises Inc. announced its third fiscal quarter earnings results reporting a net loss of $2.295 million, or $0.44 per share, and consolidated net revenues of $2.52 million. These results were down sharply from the same quarter in 2008.

The company is in the midst of a strategic restructuring, and recorded a non-cash charge of $1.475 million in the quarter as part of this restructuring. Ronald E. Heineman, the CEO said, “This strategic restructuring will provide us with a stable platform for future growth.”

General Employment Enterprises Inc. is impacted greatly by the trends in national employment, and has seen a sharp drop in business due to the recession, and high unemployment rate. General Employment Enterprises Inc. recently raised capital through the issuance of 7.7 million shares of its common stock to PSQ, LLC for $1.925 million. The company received $1.432 million after fees.

General Employment Enterprises

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General Employment Enterprises, Inc. (NYSE Amex: JOB) reported consolidated net revenues for the quarter ended June 30, 2009 of $2,520,000, compared with consolidated net revenues of $3,622,000 reported for the same period last year. It was the third quarter of the Company’s 2009 fiscal year. Contract service revenues for the quarter were $1,490,000, down 17% from the same period last year. Placement service revenues of $1,030,000 decreased 43% from last year.

Noble Corporation (NYSE: NE) today reported that the Company’s Board has established the record date and payment date for a dividend in the form of a reduction of the