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Comsys acquires Argus IT contractors

October 26, 2007

Comsys IT Partners Inc. (NASD: CITP) said it reached a referral agreement with Argus Connection Inc. of Grand Prairie TX that allowed it to sign employment agreements with more than 30 Argus contractors. Argus ceased its staffing operations on Oct. 19 and the deal will allow the former Argus contractors...


Tech workers' pay on the rise

October 26, 2007

Hourly pay for tech workers continued rose in the third quarter compared with the same period last year, according to the Yoh index of technology wages. The index reached a high of 113.60 in the third quarter, up 5.79% from the third quarter of 2006.

The third-quarter increase follows a 4.64% year-over-year...


Manufacturers slow hiring, services increase

October 26, 2007

Fewer manufacturers plan to increase hiring in November compared with the same time last year, but more service sector companies plan to boost hiring, according to the leading indicator of national employment index (LINE) report from the Society for Human Resource Management and Rutgers University.

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INfe buys South African IT staffing company

October 26, 2007

New York-based INfe Human Resources Inc. (OTCBB: IFHR) said it signed a deal to acquire Time Quantum, a South African information technology staffing company. Terms of the deal have not yet been announced. Time Quantum had revenue of $21 million in 2006, while INfe had revenue of $6.3 million for the...


Expansions - Reutax, Strategic Staffing Solutions, AVID, Aerotek

October 26, 2007

Reutax Corp., a Heidelberg, Germany-based information technology staffing and consulting services company, announced the opening of its first North American office in Los Angeles. The company works to help clients develop and maintain SAP systems. 

Strategic Staffing Solutions, a Detroit-based information...


Barrett's 3Q income jumps 12.9%

October 25, 2007

Barrett Business Services Inc. (NASD: BBSI) reported net income of $6.3 million for the third quarter ended Sept. 30, an improvement of 12.9% over net income of $5.6 million for the third quarter of 2006. Revenue for the third quarter totaled $82.9 million, up 19.5% over the $69.4 million for the same...


Hudson 3Q income slips 9.3%

October 25, 2007

Hudson Highland Group Inc. (NASD: HHGP) reported net income of $3.9 million for its third quarter ended Sept. 30. This is down 9.3% from the $4.3 million posted in the same quarter in 2006. Revenue for the quarter was $341.3 million, a decrease of 0.1% from $341.5 million for the third quarter of 2006....


Unemployment claims fall 8,000

October 25, 2007

In the week ended Oct. 20, the advance figure for seasonally adjusted initial unemployment claims was 331,000, a decrease of 8,000, or 2.4%, from the previous week's revised figure of 339,000. The four-week moving average was 324,750, an increase of 7,750 from the previous week's revised average of 317,000....


Monster back in the black in 3Q

October 25, 2007

Monster Worldwide Inc. (NASD: MNST) swung to profitability in the third quarter ended Sept. 30 with net income of $33.3 million. This is up from the net loss of $83.8 million posted in the same quarter in 2006.

Total revenue grew 18% to $337 million in the third quarter from $286 million in the comparable...


MPS revenue increases 15.2%

October 25, 2007

Revenue at Jacksonville FL-based MPS Group Inc. (NYSE: MPS) rose 15.2% to $556.6 million in the third quarter from $483.1 million in the third quarter of 2006, beating analysts' revenue estimates of $550.7 million.

The company said revenue would have risen 7% year-over-year excluding the impact of foreign...