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Tech workers don't mind the United Kingdom

February 13, 2008

A poll of U.S. information technology workers by Dice Holdings Inc. (NYSE: DHX) found that the United Kingdom was the top choice of global sites to which they would temporarily relocate. Twenty-one percent of IT workers chose the U.K., although 21% also said they would not relocate outside the Un...


Insurance firm acquires staffing company

February 13, 2008

Brown & Brown Inc., an insurance services and products company, announced earlier this month it acquired MEW Custom Staffing LLC of Tampa FL. MEW does business as Custom Outsourcing and operates as a human resource outsourcing and insurance agency serving clients throughout Florida. It had annual...


Openings, hires, separations fall

February 13, 2008

The number of job openings was 4.0 million on the last business day of December, down 362,000 year-over-year, the U.S. Bureau of Labor Statistics reported Monday. There were 4.4 million job openings in December 2006. The job openings rate was 2.8% in December compared with 3.1% in December 2006....


Spherion revenue beats estimates, profit down

February 12, 2008

Spherion Corp.'s (NYSE: SFN) fourth-quarter revenue rose 16.7% to $581.6 million, beating analysts' estimates of $576.7 million. Fourth-quarter net income, however, fell 75.5% to $9.8 million from $39.8 million in the fourth-quarter of 2006. The Fort Lauderdale FL-based staffing firm reported a l...


Monarch Staffing CEO resigns

February 12, 2008

Monarch Staffing Inc. (OTCBB: MSTF.OB) reported that CEO Quang Pham resigned, according to a filing with the U.S. Securities and Exchange Commission. Monarch, a San Juan Capistrano CA-based staffing firm, had revenue of $1.8 million in its third quarter ended Sept. 30 and a net loss of $368,090....


Index shows buyers taking longer to pay

February 12, 2008

The length of time staffing buyers take to pay staffing firms is increasing, according to the Capital TempFunds credit index. The index slipped to 98 in the fourth quarter of 2007 from 102 in the third and 104 in the second. The higher the number, the faster clients are paying. For the month of J...


Analysts International rebuffs Select offer

February 12, 2008

Analysts International Corp. (NASD: ANLY) rejected an offer to sell the firm to Koosharem Corp., the holding company of the Select Family of Staffing Companies, which includes SelectRemedy and Select Staffing. "Our board has carefully considered each expression of interest from Koosharem and dete...


Economists slash growth forecasts

February 12, 2008

Economists cut growth projections for the U.S. economy and raised forecast unemployment rates, according to the latest Survey of Professional Forecasters released today by the Federal Reserve Bank of Philadelphia. Real gross domestic product will grow only by an estimated 0.7% in the first quarte...


Arcadia net loss narrows

February 11, 2008

Arcadia Resources Inc. (AMEX: KAD) reported its third-quarter net loss edged down to $3.70 million in the quarter ended Dec. 31, 2007, from $3.71 million in the same period in the previous year. Third-quarter revenue rose 3.1% to $37.5 million from $36.4 million in the third quarter of the previo...


OnTargetjobs buys RegionalHelpWanted.com

February 11, 2008

OnTargetjobs said Friday it acquired RegionalHelpWanted.com, a network of more than 350 locally focused job boards. OnTargetjobs operates several career Web sites including BioSpace.com, Healthecareers.com, MedHunters.com, and others. "OnTargetjobs was the partner of choice for us as they underst...