CDI revenue falls in Q1, but cites strength in North American staffing

CDI Corp. (NYSE: CDI), a Philadelphia-based provider of IT and engineering staffing, reported revenue fell 19.7% year over year in the first quarter. The decline was 10.9% when adjusted for the sale of its UK-based subsidiary, CDI AndersElite Ltd., which the company sold to the Anders management team...

Calian reports revenue edged down in fiscal second quarter

Calian Group Ltd. (TSX: CGY) reported revenue fell 1.5% to C$67.1 million (US$50.3 million) in its fiscal second quarter ended March 31. Revenue rose 0.7% in the company’s “business and technology services” segment, which includes staffing. However, revenue fell 7.9% in the company’s “systems...

RecruitIQ Staffing’s parent company acquires General Healthcare Resources

GHR Acquisition, the parent company of Houston-based healthcare firm RecruitIQ Staffing, acquired General Healthcare Resources, a midmarket healthcare staffing company with offices in Pennsylvania, New Jersey, Delaware and Florida. 

“This is really just the beginning,” RecruitIQ President and...

Jobless claims average edges up, but initial claims at lowest level in 28 years

The US four-week moving average of initial claims for unemployment insurance rose to 243,500 last week, up 500 from the previous week’s unrevised average, according to seasonally adjusted numbers released today by the US Department of Labor.

The four-week moving average decreases the volatility of the...

American Staffing Association to be partner in OSHA safety week

The US Occupational Safety and Health Administration’s Safe + Sound Week will take place June 12 to June 18, and the American Staffing Association is a partner.

Safe + Sound Week is a nationwide effort to raise awareness and understanding of the value of safety and health programs that include management...

Full-time jobs are easier to get (USA Today)

Many firms are upgrading their part-time workers to full-time status, or turning part-time jobs into full-time positions to attract more applicants, USA Today reports. Full-time positions typically include benefits such as paid time off and 401(k) retirement plans. “There simply aren’t enough”...

Private equity recapitalizes PRO Unlimited

PRO Unlimited was recapitalized by private equity firm Harvest Partners, which acquired a stake in the VMS and MSP provider. Citizens Bank announced Tuesday it closed a $450 million asset-based revolver loan to support the recapitalization.

Financial terms of the transaction were not disclosed. However,...

Judge approves FedEx’s $227 million settlement in IC misclassification cases

The Indianapolis Business Journal reported FedEx Corp. will pay more than $227 million to settle some of the long-running lawsuits in 19 states brought by drivers who claim they were undercompensated because the company classified them as independent contractors rather than full-time workers. The settlements...

DLH revenue rises 7% on organic basis

DLH Holdings Corp. (NASD: DLHC), a provider of healthcare and logistics staffing and solutions to the federal government, reported revenue rose 7% on an organic basis in its fiscal second quarter ended March 31. On a reported basis, revenue rose 76.6%; the company attributed the top-line growth primarily...

Average salaries for 2017 grads at all-time high

Average salaries for 2017 grads are at an all-time high, according to a study released by the Hay Group division of Korn Ferry International Inc. (NYSE: KFY).

Based on the 25 analyzed positions, 2017 college grads in the US will make on average $49,785 annually, up 3% from the 2016 average of $48,270....