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New Staffing Industry Analysts website now online
March 11, 2016We are excited to announce the launch of Staffing Industry Analysts new Web pages. We hope it provides you a rewarding experience. As a result of the launch, the Staffing Industry Daily News for North America could not go out at its usual time. We apologize for the inconvenience.
PageGroup revenue up 7% in constant currency for 2015
March 10, 2016Michael Page International plc, a London-based professional staffing firm with global operations, reported revenue rose 7.1% in constant currency in 2015.
| (£ millions) | 2015 | 2014 | % change | Constant currency % | 2015 (US$millions) |
| Revenue | £1,064.9 | £1,046.9 | 1.7% | ... |
Barrett terminates CFO, will restate some past earnings
March 10, 2016Barrett Business Services Inc. (NASD: BBSI) terminated CFO James Miller on March 3 after he informed the company’s audit and compliance committee that he made unsupported journal entries in the company’s financial records during each calendar quarter of 2013, the company announced. In addition, Barrett...
Cross Country revenue up 3%, nurse and allied revenue up 10%
March 10, 2016Revenue at Cross Country Healthcare Inc. (NASD: CCRN), the third-largest US healthcare staffing firm, rose 2.7% in the fourth quarter, and gross margin improved. Revenue of $193.1 million was at the low end of guidance of $193 million to $198 million.
The Boca Raton, Fla.-based firm reported nurse and...
Volt revenue falls in fiscal Q1
March 10, 2016Volt Information Sciences Inc. (NYSE MKT: VISI) reported net revenue fell 14.7% in its fiscal first quarter ended Jan. 31, but net loss narrowed.
The New York-based IT and engineering staffing and MSP provider also announced the sale of company-owned real estate in Orange and San Diego, Calif., generating...
The Delta Companies names chief operating officer
March 10, 2016The Delta Companies, one of the largest providers of healthcare staffing in the US, promoted Bill Tracewell to COO, effective Feb. 29. The role is a new position within the Dallas-based firm.
Tracewell most recently was the executive VP of Delta Healthcare Providers and Delta Physician Placement,...
Jobless claims average down 2,500, initial claims at five-month low
March 10, 2016The US four-week moving average of initial claims for unemployment insurance was 267,500 last week, down 2,500 from the previous week’s downwardly revised average, according to seasonally adjusted numbers released today by the US Department of Labor.
The four-week moving average decreases the volatility...
IT jobs rise 0.2% in February, growth rate trending slower
March 10, 2016The number of IT jobs in the US edged up 0.2% in February from January to almost 5.1 million, reported TechServe Alliance, an association of IT and engineering staffing companies. Year over year, IT employment in the US rose by 3.8% in February.
“During the first two months of 2016, IT job growth has...
US Chamber files suit, says Seattle could ‘Balkanize’ IC market — CWS 3.0
March 10, 2016The US Chamber of Commerce sued to stop a new Seattle ordinance that could pave the way for independent contractor drivers to unionize. The chamber warned in a court filing that the law could “Balkanize” the market for independent contractor services.
“Absent judicial intervention, the city of Seattle...
Korn Ferry fee revenue up in fiscal third quarter
March 9, 2016Executive search provider Korn Ferry International (NYSE: KFY) reported fee revenue rose 37.9% in its fiscal third quarter ended Jan. 31. The company closed on its acquisition of the Hay Group on Dec. 1; excluding legacy Hay Group, fee revenue was $272.3 million, an increase of 14.0% on a constant-currency...