Hudson Q1 revenue falls 14% in constant currency, net loss narrows

Hudson Global Inc. (NASD: HSON) reported first-quarter revenue fell 14.4% in constant currency to $101.2 million. However, revenue edged up 0.4% on a constant-currency basis when excluding the Americas IT business, which it sold it to Mastech Holdings Inc. (NYSE MKT: MHH) last June; its Netherlands business,...

ADP reports PEO revenue up 16%

PEO revenue rose 16% at ADP (NASD: ADP) in the company’s 2016 fiscal third quarter ended March 31. Average worksite employees paid by PEO services rose 14% for the quarter to approximately 422,000.

The PEO services segment’s margin increased approximately 50 basis points over last year’s third quarter,...

Labor SMART adjusted, comparable revenue up in Q1

Labor Smart (OTCBB: LTNC), an industrial staffing provider serving primarily the southeastern US, reported first-quarter organic revenue rose 10% year over year to $3.28 million based on adjusted comparable revenue.

However, system-wide unadjusted non-comparable revenue fell to $3.33 million from $4.71...

GDP edges up 0.5% in Q1, lowest rate in two years

US real gross domestic product increased at an annual rate of 0.5% in the first quarter, the slowest rate since the first quarter of 2014, according to an “advance” estimate issued today by the US Bureau of Economic Analysis.

Real GDP increased 1.4% in the fourth quarter of 2015.

Slow growth last quarter...

Jobless claims average falls 4,750 to lowest level since 1973

The US four-week moving average of initial claims for unemployment insurance fell to 256,000 last week, down 4,750 from the previous week’s average, according to seasonally adjusted numbers released today by the US Department of Labor. This is the lowest level for this average since Dec. 8, 1973 when...

Exploring direct sourcing? Understand the talent pool — CWS 3.0

Self-sourcing of contingent talent is gaining traction. In a new CWS 3.0 newsletter article, Staffing Industry Analysts’ Adrianne Nelson, CCWP, director of global services, discusses what you need to know before taking that step.

Today is Administrative Professionals Day

Administrative Professionals Day is today, according to card company Hallmark. The day celebrates the work of secretaries, administrative assistants and other office professionals.

And this week, April 24 to April 30 is Administrative Professionals Week. The week is informally recognized, but Virginia...

Maxim Healthcare appoints new CEO

Maxim Healthcare Services Inc., the fifth-largest US healthcare staffing firm, appointed William “Bill” Butz as CEO. He replaces outgoing CEO W. Bradley Bennett, who served in that role since 2009.

Butz most recently served as president and COO at Maxim before taking on the CEO role; he had joined...

Robert Half’s first-quarter revenue rises 8%

Low US unemployment in numerous professional occupations and stronger labor markets in key international locations boosted first-quarter results, Robert Half International Inc. (NYSE: RHI) reported. The Menlo Park, Calif.-based professional staffing firm announced net service revenue rose 8.1% $1.30...

Mastech Q1 revenue up 17%

First-quarter revenue rose 17.2% at IT staffing provider Mastech Holdings Inc. (NYSE MKT: MHH) to $31.7 million. The increase reflects Mastech’s acquisition of Hudson IT in June 2015.

The Pittsburgh-based IT staffing firm reported solid demand for staffing services as new assignments improved by 21%...