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Corporate Resource Services weighs possible sale after PEO files for bankruptcy

February 4, 2015

Leadership at staffing provider Corporate Resource Services Inc. (NASD: CRRS) is weighing a possible sale of some or all of the company, according to a filing with the US Securities and Exchange Commission. The move comes after its PEO service provider filed for Chapter 11 bankruptcy protection M...


Barrett Q4 staffing, PEO revenue up

February 4, 2015

Both PEO and temporary staffing revenue rose at Barrett Business Services Inc. (NASD: BBSI) in the fourth quarter, and net income rose.However, the Vancouver, Wash.-based company posted a loss for full-year 2014 that came as a result of an increase in workers’ compensation reserves during th...


ADP reports PEO revenue up 18%

February 4, 2015

PEO revenue rose 18% at ADP (NASD: ADP) in the company’s fiscal second quarter ended Dec. 31. Average PEO worksite employees rose 15% in the second quarter to approximately 354,000.The Roseland, N.J.-based company provides other services, including paycheck processing. Total revenue rose 7%. (US...


On Assignment completes sale of physician staffing unit

February 4, 2015

On Assignment Inc. (NYSE: ASGN) closed on the sale of its physician staffing segment, Vista Staffing Solutions Inc., to Envision Healthcare (NYSE: EVHC), the company announced today. On Assignment announced the $123.0 million deal last month.The closing of the sale was effective Feb. 1.Vista prov...


US gains 213,000 jobs in January, growth pace slows

February 4, 2015

US private sector employment rose by approximately 213,000 jobs in January when compared to December, according to the ADP national employment report produced by Automatic Data Processing Inc. (NASD: ADP) in collaboration with Moody’s Analytics.Small businesses added 78,000 jobs in January, accor...


Online job ads rise in January

February 4, 2015

US online job ads rose by 150,414 in January to a total of more than 5.26 million, according to The Conference Board’s report on online jobs ads released today. The increase follows a loss of 117,779 job ads in December. January’s data incorporates the report’s annual revision.“Online labor deman...


Memphis area posts highest jobless rate

February 4, 2015

The Memphis, Tenn., metropolitan area posted the highest unemployment rate in December, 7.6%, among all large metropolitan areas with populations of 1 million or more, the US Bureau of Labor Statistics reported today.The lowest jobless rate among large metropolitan areas in December was found in...


Non-manufacturing economic index rises, but employment portion falls

February 4, 2015

Economic activity in the US non-manufacturing sector picked up speed in January but employment growth decelerated, according to the Institute for Supply Management’s non-manufacturing index released today.ISM’s non-manufacturing index edged up in January to a reading of 56.7 from December’s readi...


Protecting your staffing firm from liability claims — Staffing Stream

February 4, 2015

New laws and an increasingly vigilant EEOC have made it more difficult — yet more important — than ever to protect your organization, writes Tammi Heaton in The Staffing Stream. Heaton, COO of PrideStaff, discusses some of the biggest issues faced by the staffing industry. To read the post, click...


Declining prices has some oil and gas execs planning to decrease ‘buying’ of talent

February 3, 2015

A survey of North American oil and gas industry HR leaders by Mercer regarding the dramatic decline in oil prices found 32% felt it was too early to tell what the human capital strategy impact will be. However, it also found 32% plan to decrease “buying” talent from outside their organization — d...