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Latest Staffing Industry Report released
November 16, 2007Gevity names interim CEO
November 16, 2007Gevity selected Lavington as its top executive...
Physician executive compensation up 7.5%
November 16, 2007Among organizations with more than 100 survey respondents, doctors working in health system...
Unemployment claims jump 20,000
November 15, 2007In the week ended Nov. 10, the advance figure for seasonally adjusted initial unemployment claims was 339,000, an increase of 20,000, or 6.3%, from the previous week's revised figure of 319,000. The four-week moving average was 330,000, unchanged from the previous week's revised average of 330,000.
In...
Financials - Monarch Staffing Inc.
November 15, 2007Monarch Staffing Inc. (OTCBB: MSTF.OB)
For the quarter ended Sept. 30, 2007, compared with the same period in the prior year.
Revenue: $1.8 million, -9.8%
Net loss: $368,090 vs. net income of $248,268
Spherion to pay $140 million for Technisource
November 15, 2007Spherion Corp. (NYSE: SFN) struck a deal to buy Technisource Inc., a Little Rock AR-based information technology staffing and solutions company. Spherion will pay $140 million, including $120 million in cash and a $20 million note. The news comes less than two months after Spherion said it was buying...
Real weekly earnings dip
November 15, 2007Real average weekly earnings fell 0.2% in October from September, according to preliminary, seasonally adjusted data released today by the U.S. Bureau of Labor Statistics. Earnings were hit by a 0.3% increase in the consumer price index for urban wage earners and clerical workers partially offset by...
Labor Ready turns TrueBlue
November 15, 2007Labor Ready Inc. (NYSE: LRW) announced it will rename itself TrueBlue Inc. effective Dec. 18. The company's new ticker symbol will be TBI.
"Each of our brands, Labor Ready, Spartan Staffing, and CLP Resources, will continue to operate under their brand name, providing our customers with specialized services...
Stratum Holdings posts loss
November 14, 2007Stratum Holdings Inc. (OTCBB: STTH.OB) posted a third-quarter loss of $4.3 million compared with net income of $1,047 in the same period last year. However, third-quarter revenue rose 40.2% to $17.4 million at the Houston-based provider of petroleum engineering staffing and oil and gas production. The...
Clearpoint swings to loss
November 14, 2007ClearPoint Business Resources Inc. (NASD: CPBR) posted a third-quarter loss of $158,204 compared with net income of $377,030 in the same period last year.
The Chalfont PA-based company, which provides staffing and VMS services, said third-quarter revenue rose 79.2% to $52.4 million from $29.3 million...