-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 QwsF5bLlWYrtNSYqneZQUn+pOoC0bZY+kBepw4ZIZNhJtptIZGk61WMY6XciXGB5
 Hi9LW+AfVWerKm4TCPgplA==

<SEC-DOCUMENT>0000040570-06-000009.txt : 20060728
<SEC-HEADER>0000040570-06-000009.hdr.sgml : 20060728
<ACCEPTANCE-DATETIME>20060728104807
ACCESSION NUMBER:		0000040570-06-000009
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20060727
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20060728
DATE AS OF CHANGE:		20060728

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:		06986333

	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-060727.txt
<DESCRIPTION>FORM 8-K
<TEXT>
                           UNITED STATES
                 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):  July 27, 2006


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

           Illinois                  1-05707           36-6097429
(State or other jurisdiction of   (Commission       (I.R.S. Employer
incorporation or organization)    File Number)   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


Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities
    Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
    (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
    Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
    Exchange Act (17 CFR 240.13e-4(c))

















Item 2.02, Results of Operations and Financial Condition.

On July 27, 2006, General Employment Enterprises, Inc. issued a press
release containing information regarding its results of operations and
financial condition for the quarter ended June 30, 2006.  A copy of
the press release is furnished as an exhibit to this 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 July 27, 2006.










































                            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:  July 28, 2006               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-060727ex9901.txt
<DESCRIPTION>NEWS RELEASE
<TEXT>
                           Exhibit 99.01

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


FOR IMMEDIATE RELEASE                                   July 27, 2006

COMPANY:   General Employment Enterprises, Inc.

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



         General Employment Reports Third Quarter Results -
                   54% Increase in Net Income


OAKBROOK TERRACE, IL - General Employment Enterprises, Inc. (AMEX: JOB)
reported net income of $400,000, or $.08 per share, for the quarter
ended June 30, 2006, compared with net income of $259,000, or $.05
per share, for the same quarter last year.

The Company's consolidated net revenues for the quarter were
$5,321,000, about even with $5,319,000 for the same quarter last year.
Placement service revenues of $2,755,000 were up 19%, while contract
service revenues of $2,566,000 decreased 15%.

Commenting on the Company's performance for the quarter,
Herbert F. Imhoff, Jr., board chairman and CEO, said, "I am pleased
with the growth that the Company achieved in placement service revenues
and earnings.  Due to a growing demand for placement services, our
net income increased 54% over the third quarter of last year,
and we had our most profitable quarter since the 2001 recession began."

Mr. Imhoff went on to say, "The improvement in placement service
revenues resulted from a 20% increase in the number of placements
and the downturn in contract service revenues reflects a 16% decrease
in billable contract hours.  Our average placement fees and hourly
billing rates were about the same as last year.  Because of the
stronger demand for placement services, the Company focused its efforts
on that business and therefore experienced a lower level of contract
business during the quarter."


                          Nine Month Results

For the nine months ended June 30, 2006, the Company had net income
of $703,000, or $.13 per share (diluted), compared with net income
of $399,000, or $.07 per share (diluted), for the same period last year.
Consolidated net revenues for the nine-month period were $15,034,000,
up 1% compared with $14,953,000 last year.

There was no provision for income taxes in either year, because of the
availability of losses carried forward from prior years.



                     Business Information

General Employment provides professional staffing services through
a network of 20 branch offices located in 10 states, and specializes
in information technology, accounting and engineering placements.

The Company's business is highly dependent on national employment
trends in general and on the demand for professional staff in
particular.  The Company's past revenues and revenue patterns are not
necessarily indicative of future performance.  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 qualified personnel for
regular full-time placement and contract assignments, and the
ability of the Company to attract and retain qualified corporate
and branch management.



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

                                    Three Months          Nine Months
                                    Ended June 30        Ended June 30
                                   2006      2005       2006      2005

Net revenues:
  Contract services              $ 2,566   $ 3,011    $ 7,889   $ 8,741
  Placement services               2,755     2,308      7,145     6,212
  Net revenues                     5,321     5,319     15,034    14,953

Operating expenses:
  Cost of contract services        1,848     2,133      5,606     6,193
  Selling                          1,664     1,403      4,354     3,814
  General and administrative       1,453     1,548      4,509     4,604
  Total operating expenses         4,965     5,084     14,469    14,611

Income from operations               356       235        565       342
Investment income                     44        24        138        57

Net income (1)                   $   400   $   259    $   703   $   399

Average number of shares:
  Basic                            5,148     5,141      5,148     5,140
  Diluted                          5,313     5,383      5,340     5,361

Net income per share:
  Basic                          $   .08   $   .05    $   .14    $  .08
  Diluted                        $   .08   $   .05    $   .13    $  .07

  __________________________________________________
(1) There was no provision for income taxes in either year, because
of the availability of losses carried forward from prior years.



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


                                                   June 30    September 30
                                                     2006         2005

Assets:
  Cash and cash equivalents                        $ 5,544      $ 5,236
  Accounts receivable, net, and
        other current assets                         2,633        2,496

     Total current assets                            8,177        7,732
  Property and equipment, net                          735          632

     Total assets                                  $ 8,912      $ 8,364


Liabilities and shareholders' equity:
  Current liabilities                              $ 2,359      $ 2,514
  Shareholders' equity                               6,553        5,850

     Total liabilities and shareholders' equity    $ 8,912      $ 8,364



</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
