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Team Health Q4 net revenue rises 24% but posts net loss

February 23, 2016

Team Health Holdings Inc. (NYSE: TMH), a clinical outsourcing provider in healthcare, reported fourth-quarter net revenue rose 23.9% to $979.6 million. Team Health operates healthcare staffing firm D&Y among its other business operations.

Acquisitions contributed 19.5%, same contract revenue contributed...


ASA index dips over year

February 23, 2016

The American Staffing Association’s index measuring employment in the US staffing industry was 92.65 for the week of Feb. 8 to Feb. 14. Temporary and contract staffing employment decreased 0.76% from the prior week and was 3.31% lower than the same week last year — one of 19 consecutive record high...


Staffing’s inherent resilience — Staffing quote of the week

February 23, 2016

“The thing that I think has been least changed is the inherent resilience of the staffing industry,” said Jai Shekhawat, founder of VMS provider Fieldglass, during a session at the Staffing Industry Executive Forum. Shekhawat was responding to a question about what has changed in the staffing industry...


CTG’s fourth-quarter revenue falls 14%

February 23, 2016

Fourth-quarter revenue fell 14.3% to $84.2 million at Computer Task Group Inc. (NASD: CTG). Revenue at the Buffalo, NY-based IT staffing provider primarily reflects reduction in staffing headcount on both a sequential and year-over-year basis. Negative currency translation reduced revenue in the fourth...


Monster CFO steps down

February 23, 2016

Monster Worldwide Inc. (NYSE: MWW) Executive VP and CFO Michael McGuinness resigned from the company on Feb. 19 to pursue another career opportunity, according to a filing with the US Securities and Exchange Commission.

CEO Timothy Yates was appointed as the new CFO; he will also continue to serve in...


List of 100 most influential people in staffing now online — Executive Forum

February 22, 2016

The top 100 most influential people in the North American staffing market have been announced by Staffing Industry Analysts. The list, last produced in 2014, profiles the movers and shakers who have made a difference to the staffing industry.

Staffing industry insiders and observers nominate men and women...


Labor Smart sells one branch for $677,650

February 22, 2016

Labor Smart (OTCBB: LTNC), an industrial staffing provider, sold one branch location to an unrelated third party in a deal valued at $677,650.

The transaction closed Feb. 19. Labor Smart received $336,000 cash and retained open accounts receivable of $341,650 in the transaction.

“We received an official...


Job search activity up in Fortune 100, mid-market decreases

February 22, 2016

Overall Fortune 100 job search activity increased in the fourth quarter while middle-market activity decreased, according to Hudson’s Q4 2015 Job Seeker Pulse report, which analyzes the online job search activity of Fortune 100 and middle market company employees. However, middle market employees remained...


Lack of experienced engineers is top hiring concern, survey finds

February 22, 2016

As the demand for engineering talent continues to increase, employers struggle to find candidates with the work experience they need, according to the Engineering Talent Supply and Demand survey released today by Experis, a division of ManpowerGroup (NYSE: MAN).

The survey found 82% of engineering employers...


Uber driver may have picked up fares between shootings, report says

February 22, 2016

A man accused of killing six people and injuring two more in three separate shootings Saturday evening in Kalamazoo, Mich., was a driver for Uber and may have picked up a fare through the ride-sharing app in between shootings, according to media reports.

Jason Brian Dalton, 45, of Kalamazoo, first allegedly...