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Kelly’s Q4 revenue rises 7.3% in constant currency

February 1, 2018

Kelly Services Inc.’s (NASD: KELYA) fourth-quarter revenue rose 7.3% on a constant currency basis. Growth was fastest in the Asia Pacific region, where revenue rose 13.0% in constant currency.

(US$ millions) Q4 2017  Q4 2016 % change % constant currency
Revenue $1,422.3 ...


Synergie revenue rises 20% in fourth quarter

February 1, 2018

Synergie SA, a Paris-based staffing firm, reported fourth-quarter revenue rose 19.7% to €627.3 million (US$751.4 million). International revenue — which includes its operations outside France, including Canada —  rose 28.2% to €327.6 million (US$392.4 million).

For the full year 2017, revenue...


Staffing Pulse report: Temp revenue grows median 4% in December, down from 5%

February 1, 2018

US temporary staffing revenue rose a median 4% year over year in December — a slight deceleration from November’s 5% rate — among staffing firms taking part in Staffing Industry Analysts’ monthly Pulse survey.

“Most temporary staffing segments reported deceleration in median revenue growth rates...


Monster to sell Asia Pacific operations to India-based Quess Corp

February 1, 2018

Job board Monster Worldwide agreed to sell its Asia Pacific business in order to “double down” its focus on North America and Europe. The company plans to sell its business in India, South East Asia and the Middle East to India-based staffing firm Quess Corp Ltd. The deal values Monster’s Asia...


ISM report: US manufacturing activity still strong in January despite deceleration

February 1, 2018

Economic activity in the manufacturing sector expanded in January but at a slightly slower pace than December, according to the Institute for Supply Management’s purchasing managers index for US manufacturing. January’s index reading was 59.1, down 0.2 of a percentage point from December’s reading...


Jobless claims average falls by 5,000

February 1, 2018

The US four-week moving average of initial claims for unemployment insurance fell to 234,500 last week, down 5,000 from the previous week’s average, the US Department of Labor reported. The previous week’s average was also revised downward by 500.

The four-week moving average decreases the volatility...


Can you handle the truth from your suppliers? (CWS 3.0)

February 1, 2018

Hearing from stakeholders on what is working well and what changes or improvements can be made is critical, writes Dawn McCartney in a new CWS 3.0 article. McCartney, CCWP and senior director of contingent workforce strategies and research for SIA, discusses how to gather feedback from three important...


On Assignment to pay $775 million for federal contractor; changing name to ASGN

January 31, 2018

Professional staffing firm On Assignment Inc. (NYSE ASGN) struck a deal to acquire government services contractor ECS Federal LLC for $775 million. On Assignment also announced it will change its name to ASGN.

On Assignment signed a definitive agreement to acquire ECS from Roy Kapani, the company’s...


ADP reports PEO revenue up 15% in quarter

January 31, 2018

PEO revenue rose 15% at ADP (NASD: ADP) in the company’s fiscal second quarter ended Dec. 31, driven primarily by a 10% increase in average worksite employees for the quarter and higher than expected growth in pass-through revenues. The Roseland, NJ-based firm provides other services, including paycheck...


Groupe Crit, French staffing provider with US operations, reports Q4 revenue up 11%

January 31, 2018

Groupe Crit, a French-based staffing firm with operations in the US, reported fourth-quarter revenue rose 10.8% to €615.9 million (US$737.8 million); the increase was 7.5% on a like-for-like and constant currency basis.

Full-year revenue rose 12.7% to €2.42 billion (US$2.90 billion); the increase...