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Barrett Q3 revenue up 3% but staffing revenue falls

November 7, 2018

Barrett Business Services Inc. (NASD: BBSI) revenue rose 3.0% in the third quarter with the growth coming from its PEO division. However, staffing services revenue fell at the Vancouver, Wash.-based company.

Gross margin improved to 24.1%, and net income increased.

(US$ thousands) Q3 2018 Q3...


Healthcare staffing to grow 4% in 2019, but question remains about recession in 2020 — Healthcare Staffing Summit

November 6, 2018

From consolidation in the hospital industry to Medicaid expansion under the Affordable Care Act (on the ballot today in four states), SIA Research Director Tony Gregoire delivered a keynote speech on the environment for healthcare and healthcare staffing.

The speech came at today’s start of Staffing...


Adecco’s revenue growth slows to 2% on organic basis

November 6, 2018

The Adecco Group, the world’s largest staffing provider, reported third-quarter revenue rose 2% on an organic basis, which excludes the effect of currency as well as acquisitions and divestitures. Organic growth decelerated from the 5% pace achieved in the second quarter, primarily due to lower growth...


Healthcare staffing firm’s nonsolicitation agreements violate California law, appeals court rules

November 6, 2018

A California Court of Appeal on Thursday affirmed a trial court's ruling that nonsolicitation agreements signed by nurse recruiters working for AMN Healthcare (NYSE: AMN) violated state law by limiting the recruiting work they could do for up to 18 months.

The lawsuit was first filed in 2015 in San Diego...


TrueBlue revenue up 3%, strength noted in industrial staffing division

November 6, 2018

TrueBlue Inc. (NYSE: TBI) reported revenue rose 3.0% in the third quarter. Organic revenue edged up by 0.7% when excluding the divested PlaneTechs business, which TrueBlue sold in March to Launch Technical Workforce Solutions for $11.4 million.

(US$ thousands) Q3 2018 Q3 2017 ...


Job openings fall from record high; still exceed number of unemployed workers

November 6, 2018

The number of US job openings fell in September from a record-high set in August, and the number of hires and separations were both little changed, according to data released today by the US Bureau of Labor Statistics.

There were 7.0 million job openings in September, up 12.5% year over year but down...


Minneapolis area posts lowest jobless rate in September among large US metros

November 6, 2018

The Minneapolis-St. Paul-Bloomington area in Minnesota and Wisconsin posted the lowest unemployment rate among all large, US metropolitan areas in September at 2.2%, the US Bureau of Labor Statistics announced today.

The New Orleans-Metairie area in Louisiana posted the highest jobless rate among large...


Word of the month: Master service agreement

November 6, 2018

Master service agreement” is defined by Staffing Industry Analysts’ online Lexicon of workforce solutions ecosystem terms as a contract reached between parties in which the parties agree to most of the terms that will govern future transactions or future agreements. Often companies...


Amazon to hire thousands of seasonal delivery drivers for last-mile shipping program (Business Insider)

November 6, 2018

Business Insider reports Amazon plans to hire and manage thousands of seasonal, full-time drivers to transport packages to customers from Amazon delivery outposts across the US. The online retail giant will manage these drivers directly, meaning the company will set their wages, provide them delivery...


New private equity firm acquires IT staffing provider Eliassen Group

November 5, 2018

Funds managed by Stone Point Capital LLC, a private equity firm based in Greenwich, Conn., acquired Eliassen Group. The IT and life sciences staffing firm was previously a portfolio company of Riverside Partners. 

The transaction closed today. Eliassen Group’s current executives will remain...