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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000040570-05-000010.txt : 20051122
<SEC-HEADER>0000040570-05-000010.hdr.sgml : 20051122
<ACCEPTANCE-DATETIME>20051122105424
ACCESSION NUMBER:		0000040570-05-000010
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20051121
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20051122
DATE AS OF CHANGE:		20051122

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GENERAL EMPLOYMENT ENTERPRISES INC
		CENTRAL INDEX KEY:			0000040570
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-EMPLOYMENT AGENCIES [7361]
		IRS NUMBER:				366097429
		STATE OF INCORPORATION:			IL
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-05707
		FILM NUMBER:		051220166

	BUSINESS ADDRESS:	
		STREET 1:		ONE TOWER LANE
		STREET 2:		SUITE 2200
		CITY:			OAKBROOK TERRACE
		STATE:			IL
		ZIP:			60181
		BUSINESS PHONE:		630-954-0400

	MAIL ADDRESS:	
		STREET 1:		ONE TOWER LANE
		STREET 2:		SUITE 2200
		CITY:			OAKBROOK TERRACE
		STATE:			IL
		ZIP:			60181

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	OSHEA CHARLES M CORP
		DATE OF NAME CHANGE:	19670413
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8k-051121.txt
<DESCRIPTION>FORM 8-K
<TEXT>
                     SECURITIES AND EXCHANGE COMMISSION
                           WASHINGTON, DC 20549

                                 FORM 8-K

                              CURRENT REPORT

        Pursuant to Section 13 or 15(d) of the Securities Exchange
                                Act of 1934

    Date of Report (Date of earliest event reported):  November 21, 2005

                      Commission File Number 1-05707

                    GENERAL EMPLOYMENT ENTERPRISES, INC.
         (Exact name of registrant as specified in its charter)

           Illinois                                   36-6097429
(State or other jurisdiction of                    (I.R.S. Employer
incorporation or organization)                   Identification Number)

   One Tower Lane, Suite 2200, Oakbrook Terrace, Illinois      60181
       (Address of principal executive offices)              (Zip Code)

 Registrant's telephone number, including area code:  (630) 954-0400




Item 2.02, Results of Operations and Financial Condition.

On November 21, 2005, General Employment Enterprises, Inc.
issued a press release containing information regarding its
results of operations and financial condition for the fourth
quarter and fiscal year ended September 30, 2005.  A copy of
the press release is furnished as an exhibit to this Form 8-K
Current Report.


Item 9.01, Financial Statements and Exhibits.

The following exhibit is filed as a part of this report:

No.     Description of Exhibit

99.01   Press release issued by General Employment
        Enterprises, Inc., dated November 21, 2005.




                            SIGNATURES

Pursuant to the requirements of the Securities Exchange Act
of 1934, the Registrant has duly caused this report to be
signed on its behalf by the undersigned, thereunto duly
authorized.

                                   GENERAL EMPLOYMENT ENTERPRISES, INC.
                                              (Registrant)

Date:  November 22, 2005           By: /s/ Kent M. Yauch
                                   Kent M. Yauch
                                   Vice President, Chief Financial
                                   Officer and Treasurer



</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>form8k-051121ex9901.txt
<DESCRIPTION>PRESS RELEASE
<TEXT>
                            EXHIBIT 99.01


   General Employment News Release

   General Employment Enterprises, Inc.,  Oakbrook Terrace Tower,
   Suite 2200, Oakbrook Terrace, IL  60181, (630) 954-0400      AMEX: JOB

     FOR IMMEDIATE RELEASE                             November 21, 2005

     COMPANY:   General Employment Enterprises, Inc.

     CONTACTS:  Doris A. Bernar
                Communications Manager & Assistant Corporate Secretary
                Phone (630) 954-0495    (630) 954-0592 fax
                invest@genp.com    e-mail



          General Employment Reports Fourth Quarter Results


     OAKBROOK TERRACE, IL - General Employment Enterprises, Inc.
     (AMEX: JOB) reported income from continuing operations and
     net income of $272,000, or $.05 per share, for the quarter
     ended September 30, 2005, compared with income from
     continuing operations of $64,000, or $.01 per share, for the
     same quarter last year.

     For the quarter ended September 30, 2004, the Company had a
     net loss of $478,000, or $.09 per share, reflecting a loss
     from discontinued operations.

     The Company's consolidated net revenues for the 2005 quarter
     were $5,395,000, up 13% from $4,765,000 for the same quarter
     last year.  Contract service revenues of $3,013,000 were up
     5%, while placement service revenues of $2,382,000 increased 26%.

     Commenting on the Company's performance, Herbert F. Imhoff,
     Jr., board chairman and CEO said, "The demand for the
     Company's placement services has strengthened since the
     fourth quarter of last year.  The increase in placement
     service revenues for the quarter was achieved through a
     combination of a 17% increase in the number of placements and
     a 5% increase in the average placement fee.  Contract service
     revenues benefited from an 18% increase in the average
     billing rate, but also reflected a 10% decrease in billable hours."

     Mr. Imhoff added, "Continued improvement for the Company will
     depend on continued improvement in the demand for the
     Company's professional staffing services."


                         Fiscal Year Results

     For the fiscal year ended September 30, 2005, the Company had
     income from continuing operations and net income of $671,000,
     or $.13 per share, compared with a loss from continuing
     operations of $778,000, or $.15 per share, last year.

     For the year ended September 30, 2004, the Company had a net
     loss of $1,397,000, or $.27 per share, reflecting a loss from
     discontinued operations.

     There were no provisions or credits for income taxes
     reflected in the results for either year because of the
     presence of losses carried forward from prior years.

     Consolidated net revenues for the 2005 fiscal year were
     $20,348,000, up 13%, compared with $17,981,000 last year.

     Mr. Imhoff concluded his comments saying, "We made
     substantial progress this year.  We returned the Company to
     profitability, following a difficult four-year period for the
     U.S. jobs market.  The improvement this year was achieved
     through a 13% increase in consolidated net revenues, while
     general and administrative expenses were reduced by $322,000."


                        Business Information

     This news release contains forward-looking statements that
     are based on management's current expectations and are
     subject to risks and uncertainties. Some of the factors that
     could affect the Company's future performance include, but
     are not limited to, general business conditions, the demand
     for the Company's services, competitive market pressures, the
     ability of the Company to attract and retain qualified
     personnel for regular full-time placement and contract
     assignments, and the ability to attract and retain qualified
     corporate and branch management.

     General Employment provides professional staffing services
     through a network of 18 branch offices located in 10 states,
     and specializes in information technology, accounting and
     engineering placements.  The Company's shares are traded on
     the American Stock Exchange under the trading symbol JOB.




                       GENERAL EMPLOYMENT ENTERPRISES, INC.
                       CONSOLIDATED STATEMENT OF OPERATIONS
                          (In Thousands, Except Per Share)

                                        Three Months              Year
                                     Ended September 30    Ended September 30
                                       2005      2004        2005      2004

  Net revenues:
    Contract services               $ 3,013   $ 2,880     $11,754   $11,750
    Placement services                2,382     1,885       8,594     6,231
    Net revenues                      5,395     4,765      20,348    17,981

  Operating expenses:
    Cost of contract services         2,142     2,080       8,335     8,520
    Selling                           1,436     1,084       5,250     3,765
    General and administrative        1,582     1,540       6,186     6,508
    Total operating expenses          5,160     4,704      19,771    18,793

  Income (loss) from operations         235        61         577      (812)
  Investment income                      37         3          94        34

  Income (loss) from
     continuing operations              272        64         671      (778)
  Loss from discontinued operations(1)   --      (542)         --      (619)

  Net income (loss)(2)              $   272   $  (478)     $  671   $(1,397)

  Average number of shares:
    Basic                             5,147     5,136       5,142     5,131
    Diluted                           5,337     5,363       5,355     5,131

  Per share - basic and diluted:
    Income (loss) from
       continuing operations        $   .05   $   .01      $  .13   $  (.15)
    Loss from discontinued
       operations                        --      (.10)         --      (.12)

    Net income (loss)               $   .05   $  (.09)     $  .13   $  (.27)

  __________________________________________________
  (1) In September 2004, the Company completed a transaction to
  sell the assets and business operations of its Pittsburgh,
  Pennsylvania staffing business, which is reflected as
  discontinued operations.

  (2) There were no provisions for income taxes for the periods
  ended September 30, 2005, because of the utilization of losses
  carried forward from prior years.  There were no credits for
  income taxes as a result of the pretax losses for the periods
  ended September 30, 2004, because the losses were carried
  forward and there was not sufficient assurance that a future tax
  benefit would be realized.




                     GENERAL EMPLOYMENT ENTERPRISES, INC.
               SUMMARIZED CONSOLIDATED BALANCE SHEET INFORMATION
                                 (In Thousands)


                                                  September 30   September 30
                                                      2005           2004

  Assets:
    Cash and cash equivalents                       $ 5,236        $ 4,437
    Accounts receivable, net, and
          other current assets                        2,496          2,319

       Total current assets                           7,732          6,756
    Property and equipment, net                         632            538

       Total assets                                 $ 8,364        $ 7,294


  Liabilities and shareholders' equity:
    Current liabilities                             $ 2,514        $ 2,126
    Shareholders' equity                              5,850          5,168

       Total liabilities and shareholders' equity   $ 8,364        $ 7,294






</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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