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TeamStaff government earnings 'solid'

August 14, 2008

TeamStaff Inc. (NASD: TSTF) posted a 7.1% increase in revenue in its fiscal third quarter ended June 30, 2008. The Somerset NJ-based company reported third-quarter revenue of $17.8 million compared with $16.6 million in the third quarter of the previous year. "Our government staffing division, Te...

Contract Watch - MDI Group, Westaff

August 13, 2008

MDI Group, an Atlanta-based staffing firm, said it was chosen by the BNSF Railway Company to administer and manage its contract worker program at all its locations in the U.S. MDI Group will serve as the managed service provider, while Fieldglass InSite will provide the vendor management system....

Orion ICG acquires Therapy Staff Inc.

August 13, 2008

Orion ICG LLC, a Raleigh-based staffing firm, acquired Therapy Staff Inc. (TSI), an allied healthcare staffing firm. TSI supplies physical therapists, occupational therapists and speech language pathologists primarily in Michigan and Illinois. TSI founder Dan Diamond and Paul Glomski, its preside...

Job openings fall

August 13, 2008

The number of U.S. job openings fell by approximately 640,000 year-over-year in June to a total of more than 3.6 million, the U.S. Bureau of Labor Statistics (BLS) reported Tuesday. There were almost 4.3 million job openings in June 2007. The job openings rate was 2.6% in June compared with 3.0%...

Heidrick buys Boston search firm

August 13, 2008

Heidrick & Struggles International Inc. (NASD: HSII) completed its acquisition of 75 Search Partners LLC, a Boston-based executive search firm that recruits senior investment professionals globally. Terms of the deal were not announced. The founders of 75 Search Partners, Lisa DeConto and Scott V...

Adecco revenue slips 1%

August 12, 2008

Second-quarter revenue fell 1% at Adecco SA, the world's largest staffing firm, to euro5.20 billion (US$8.22 billion), compared with euro5.28 billion in the second quarter of last year. And the company said it expects more challenges in the second half of 2008. Adecco's second-quarter U.S. and Ca...

Webinar slated for corporate members

August 12, 2008

A free webinar for corporate members covering trends and the outlook for the staffing industry is scheduled for 10 a.m. Pacific time on Thursday. The event will be presented by Staffing Industry Analysts' Executive VP and Chief Analyst Barry Asin and Director of Research and Analysis Jon Osborne....

Firm to sell largest VMS

August 12, 2008

The owner of vendor management system Click Commerce on Monday announced plans to sell. Staffing Industry Analysts ranked Click Commerce as the largest VMS with total spend under management of $4.64 billion. Illinois Tool Works Inc., the owner, said it acquired Click Commerce in October 2006, and...

Economists cut growth forecast

August 12, 2008

Economists projected only 1.2% growth in U.S. real gross domestic product in the third quarter, down from an estimate of 1.7% made three months ago, according to the latest Survey of Professional Forecasters released today by the Federal Reserve Bank of Philadelphia. In the fourth quarter, econom...

Analysts names new CFO

August 12, 2008

Analysts International Corp. (NASD: ANLY) named Randy Strobel as CFO. Strobel had been serving as senior VP of finance and controller at Ceridian Corp. He begins on Aug. 25. Analysts International's interim CFO, Walter Michels, will remain with the company as its controller and assistant treasurer.