Daily News

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

On Assignment revenue up 14% on pro forma basis

July 27, 2016

On Assignment Inc. (NYSE: ASGN) reported second-quarter revenue rose 13.7% on a pro forma basis, which assumes the acquisitions of marketing/creative staffing firm Creative Circle and a small life sciences business in Europe — both acquired in the second quarter of 2015 — occurred at the beginning...


HourlyNerd rebrands as Catalant

July 27, 2016

HourlyNerd, a Boston-based online staffing platform, rebranded as Catalant, effective July 26. The new name is a combination of catalyst, brilliant and talent, according to the company.

Catalant Technologies, the newly formed parent company, will serve both large enterprises and small businesses. The...


CTG revenue falls 12%

July 26, 2016

Second-quarter revenue fell 11.9% year over year to $83.5 million at Computer Task Group Inc. (NASD: CTG). Revenue at the Buffalo, NY-based IT staffing provider primarily reflects a decrease in staffing revenue at significant staffing customers and the continued trail-off of legacy electronic medical...


Elwood Staffing acquires Pennsylvania-based staffing firm

July 26, 2016

Columbus, Ind.-based Elwood Staffing acquired Berks & Beyond Employment Services Inc., a firm serving the Pennsylvania market.

The acquisition includes 15 Berks & Beyond branch offices located throughout southeastern Pennsylvania. Terms of the transaction were not disclosed.

The acquired company...


Consumer confidence holds steady in July, labor market outlook edges up

July 26, 2016

The Conference Board’s consumer confidence index for the US was relatively unchanged in July following an increase in June, The Conference Board announced today. The index edged down to a reading of 97.3 (1985=100) from a reading of 97.4 in June.

“Consumer confidence held steady in July, after improving...


Some jobs still tough to find despite ongoing recovery (U.S. News & World Report)

July 26, 2016

The jobs recovery has been skewed mostly toward the lowest- and highest-paying positions, according to a U.S. News & World Report article. For the millions of Americans whose skill sets float somewhere in the middle, it’s deceptively tricky to find a decent job for which they’re qualified. Although...


Randstad Q2 revenue up 3% on organic basis

July 26, 2016

Second-quarter revenue at Randstad Holding NV rose 3% on an organic basis, which excludes the impact of currency, acquisitions and divestitures and also adjusts for working days. Gross margin improved to 18.9% from 18.7% in the same quarter of the prior year.

Revenue was flat on an organic basis in North...


Heidrick revenue up 12%

July 26, 2016

Second-quarter net revenue rose 11.9% at Heidrick & Struggles International Inc. (NASD: HSII). The increase was 12.2% in constant currency at the Chicago-based executive search and leadership consulting firm and within forecasted guidance.

Both business lines — executive search and leadership consulting,...


Brexit could mean more people driving for Uber — Staffing quote of the week

July 26, 2016

“The way we think of work and jobs will change a bit,” Aneesh Varma, founder and CEO of credit scoring startup Aire, told Business Insider when asked about the impact of the UK’s decision to leave the European Union on competitiveness. “There will be some sectors that take a little pinch. I personally...


List ranks largest US finance/accounting staffing firms

July 25, 2016

Robert Half International remains the largest supplier of finance/accounting temporary staffing in the US in terms of revenue with one-quarter of the market, according to a new report released by Staffing Industry Analysts. The annual list of largest US finance/accounting firms includes companies with...