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Arcadia staffing revenue down 4.8%

November 6, 2008

Staffing revenue fell 4.8% to $29.7 million at Arcadia Resources Inc. (AMEX: KAD) in its fiscal second quarter ended Sept. 30. The Indianapolis-based staffing, pharmacy and medical equipment firm includes in-home healthcare, medical staffing and non-medical staffing in its staffing revenue. It sa...


Yoh index finds drop in tech wages

November 6, 2008

Wages for technology professionals fell 6.21% year over year by the end of the third quarter, according to the Yoh index of technology wages. Tech wages were up 1.86% year over year at the start of the quarter, but fell over time. Now they are at the lowest level since the beginning of 2006. "It...


Research from Staffing Industry Analysts

November 6, 2008

Here is the latest research from Staffing Industry Analysts. BRIEFING - Analysis of MPS Group 3Q08 earnings release *Organic worldwide revenue up 1.9%*Direct hire down 14% YOY, but some EU units and North AM IT doing OK*Company projects 9% to 12% 4Q drop, mostly due to currency effects For the fu...


Monster employment index falls 10 points

November 6, 2008

The Monster Worldwide Inc. (NASD: MNST) employment index fell 10 points to a reading of 150 in October from September. The index was also down 20% from its October 2007 reading of 188. "The sharp decline in the Monster Employment Index in October suggests that U.S. businesses are scaling back the...


Staffing payment index rises sharply

November 5, 2008

The speed at which buyers of staffing services pay staffing firms accelerated sharply in October, according to the Capital TempFunds credit index. The index rose to a reading of 116 in October, up nine points from September's reading of 105. "As the Capital TempFunds Credit Index shows with its u...


Comsys revenue slips 1.9%

November 5, 2008

Third-quarter revenue fell 1.9% at Comsys IT Partners Inc. (NASD: CITP) to $183.7 million from $187.2 million in the same period last year. The Houston-based information technology staffing firm said revenue fell 7.1% excluding acquisitions. The company reported permanent placement revenue fell 3...


Gevity revenue down 14%

November 5, 2008

Third-quarter revenue fell 14.0% at Gevity HR Inc. (NASD: GVHR) to $125.1 million from $145.5 million in the third quarter of 2007. The Bradenton FL-based professional employer organization reported third-quarter professional service fee revenue fell 21.1% to $27.9 million from $35.3 million in t...


Report - U.S. loses 157,000 private-sector jobs

November 5, 2008

The U.S. lost 157,000 private-sector nonfarm jobs in October on a seasonally adjusted basis, according to the national employment report released today by Automatic Data Processing Inc. (NYSE: ADP). The goods-producing sector shed 126,000 jobs in October. In addition, the service sector lost 31,0...


Research from Staffing Industry Analysts

November 5, 2008

Here is the latest research from Staffing Industry Analysts. BRIEFING - Analysis of Spherion 3Q08 earnings release *Revenue down 11.4% on organic basis*Commercial direct-hire plummets 45.5%; professional off 22.6%*Company abstains from 4Q08 guidance citing limited visibility For the full Briefing...


Index - Staffing records moderate decline

November 5, 2008

The American Staffing Association's index measuring temporary employment fell in October to a reading of 94 from September's reading of 97 — a moderate decline. The index is down 15 points from its year-ago reading of 109. The index measures changes in the number of temporary and contract employe...