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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.


CBS revenue falls, excluding acquisition

August 11, 2008

Second-quarter revenue at CBS Personnel Holdings Inc. would have fallen 10% excluding the company's purchase of Staffmark Investment LLC in January, according to a 10-Q filing with the U.S. Securities and Exchange Commission by its parent company, Compass Diversified Holdings (NASD: CODI). "The r...


Research from Staffing Industry Analysts

August 11, 2008

Here is the latest research from Staffing Industry Analysts. BRIEFING - Temporary staffing taking the brunt of economic slowdown *Of nonfarm jobs lost year-to-date, 41% have been temp *Temp losses at recession-level proportions *Traditional non-temp jobs see only 0.2% decline For the Briefing, c...


Research from Staffing Industry Analysts

August 11, 2008

Here is the latest research from Staffing Industry Analysts. BRIEFING - Economic indicators July 2008 *ECRI weekly leading index contracts further *Jobless claims up, but new program may play role in increase *Services sector better than expected, but still no growth For the Briefing, click here.


Arcadia staffing revenue slips 3.2%

August 11, 2008

Arcadia Resources Inc (AMEX: KAD) reported a 3.2% decline in revenue in its services segment, which includes the firm's staffing operations, to $30.2 million in its first fiscal quarter ended June 30. An increase in revenue from home-care services was offset by weakness in Arcadia's medical staff...


MSX buys Japanese operations

August 11, 2008

MSX International Inc. said last week that it acquired the Japanese training operations of Carter and Carter Group PLC. Terms of the deal were not announced. "This acquisition accelerates our expansion into the Japanese automotive market, and provides us with an immediate presence in this high-gr...


What's in store for healthcare staffing?

August 8, 2008

Healthcare staffing's outlook as well as challenges and opportunities facing firms in the space will be detailed by Staffing Industry Analysts Executive VP and Chief Analyst Barry Asin at the 2008 Healthcare Staffing Summit. The annual Healthcare Summit brings together CEOs of healthcare staffing...


Spring Group revenue rises 31.4%

August 8, 2008

Spring Group PLC, a London-based staffing firm with operations in the United States, posted a 31.4% increase in revenue to GBP250.5 million (US$499.8 million) in the first six months of the year. The company reported revenue of GBP190.5 million in the same period last year. Gross margin improved...