Daily News

Daily News-Staffing Industry Analysts RSS Feed Get the RSS Feed

Adecco global revenue up 4% organically as North America revenue falls

August 10, 2016

Adecco, the world’s largest staffing firm, reported revenue rose 4% on an organic basis, which excludes the impact of currencies, acquisitions and divestitures. When also adjusting for the number of business days in the quarter, revenue rose 3%.

Permanent placement revenue rose 9% on an organic basis....


Kelly revenue falls 0.7% in Q2, demand softens in Americas

August 10, 2016

Kelly Services Inc. (NASD: KELYA) revenue fell 0.7% in the second quarter, but was up 0.6% in constant currency. Americas revenue fell 0.1% in constant currency.

Gross margin improved to 16.8% from 16.1%

(US$ millions) Q2 2016  Q2 2015 % change % constant currency
Revenue $1,375.5 ...


Barrett’s PEO revenue rises in Q2, but temp staffing revenue falls

August 10, 2016

Barrett Business Services Inc. (NASD: BBSI) reported revenue rose 11.8% in the second quarter amid growth in client count and same-store sales growth that was partially offset by an 11.1% decline in staffing services revenue. Net professional employer organization revenue rose 18.7%.

The Vancouver, Wash.-based...


US job openings rise 2% in June, hiring also up

August 10, 2016

The number of US job openings in June rose 2.0% from May to 5.6 million, according to seasonally adjusted numbers released today by the US Bureau of Labor Statistics. The number of hires also edged up 1.7% from May.

The number of job openings was essentially unchanged for total nonfarm, total private...


Driving recruitment industry dealmaking (TheStreet)

August 10, 2016

M&A appetite has never been stronger in the global recruitment sector, with Japan’s Recruit Holdings and private equity buyers expected to lead the charge, and markets like the UK still highly fragmented and ripe for further consolidation, TheStreet reports.


Illegal kickbacks for foreign farm workers brings federal fraud conviction (StarTribune)

August 10, 2016

An Ohio woman has been convicted in a conspiracy that required foreign laborers at a Minnesota farm to pay illegal fees and kickbacks, the StarTribune reports. Sandra Lee Bart and a co-defendant recruited mostly agricultural employers — including for the Svihel Vegetable Farm in Foley, Minn. — to...


Randstad to acquire Monster Worldwide for $429 million

August 9, 2016

Global staffing provider Randstad Holding nv agreed to acquire Monster Worldwide Inc. (NYSE: MWW) for an enterprise value of approximately $429 million.

Under the terms of the merger agreement, Randstad agreed to commence a tender offer through a wholly-owned subsidiary to acquire all of the outstanding...


Recruit net sales rise 18%, Indeed up 64%

August 9, 2016

Recruit Holdings Co., one of the world’s largest staffing firms, reported net sales rose 18.4% to ¥407.5 billion (US$3.9 billion) in its fiscal first quarter ended June 30.

(¥millions) Q1 2016 Q1 2015 % change Q1 2016 (USD$millions)
Net sales ¥407,540 ¥344,185 18.4% ...


List ranks largest engineering staffing firms in US by revenue

August 9, 2016

Aerotek (Allegis Group) ranks as the largest supplier of engineering staffing in the US in terms of engineering temporary staffing revenue, according to a new report released by Staffing Industry Analysts. The annual list of largest US engineering staffing firms includes companies with at least $50 million...


Command Center Q2 revenue falls 5%, flat outside North Dakota

August 9, 2016

Command Center Inc. (OTC: CCNI) reported second-quarter revenue fell 4.9% year over year to $21.7 million, driven in large part by a $1.6 million decline, or 42%, at the industrial staffing provider’s branches in North Dakota, a state economically dependent on the health of the oil industry.

The industrial...