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MPS profit rises 9%

April 30, 2008

First-quarter net income rose 9.0% at MPS Group Inc. (NYSE: MPS) to $19.1 million from $17.5 million in the same period last year. Management said the current economic downturn does not look like the recession earlier in this decade. "In early 2001, there was a sharp drop in demand for profession...


American Staffing Association index is flat

April 30, 2008

The American Staffing Association's (ASA) index measuring temporary employment was at 100 in April, unchanged from March. The ASA said demand for staffing employees has been relatively flat since mid-January. The index measures changes in the number of temporary and contract employees both weekly...


Online job ads fall 16.4%

April 30, 2008

The number of U.S. jobs posted online fell 16.4% year-over-year in April, according to The Conference Board's online help-wanted advertising survey. The number of jobs was also down month-over-month. There were 3.6 million online jobs ads in April, down 2% from March. "The weakness in online adv...


GDP rises only 0.6%

April 30, 2008

U.S. real gross domestic product (GDP) increased at an annual rate of only 0.6% in the first-quarter, according to an advance estimate released today by the U.S. Department of Commerce. Real GDP had increased 0.6% in the fourth quarter as well. Economists polled in the most recent Survey of Profe...


Kforce profit falls, sells scientific division

April 30, 2008

Kforce Inc. (NASD: KFRC) reported Tuesday that first-quarter net income fell 18.4% year-over-year to $7.2 million. The Tampa FL-based professional staffing company also said it sold its scientific staffing division and that it's looking at selling its nurse staffing division. First-quarter revenu...


Report says U.S. added 10,000 jobs

April 30, 2008

The United States added 10,000 private-sector nonfarm jobs in April, on a seasonally adjusted basis, according to the national employment report released today by Automatic Data Processing Inc. (NYSE: ADP). The report, however, revised down its count of jobs gained in March to 3,000 from 8,000. E...


National Technical staffing revenue down

April 30, 2008

National Technical Systems Inc.'s (NASD: NTSC) fourth-quarter revenue rose 4.3% to $30.5 million in its fourth-quarter ended Jan. 31 from $29.3 million in the fourth quarter of the previous year. However, the Calabasas CA-based company said revenue in its technical solutions division, which provi...


CDI revenue flat, net income down

April 30, 2008

First-quarter revenue was flat at CDI Corp. (NYSE: CDI). The Philadelphia-based staffing and engineering services company posted revenue of $293.9 million in the first quarter. CDI's first-quarter net income fell 6.4% to $7.9 million from $8.5 million in the first quarter of last year. Gross marg...


Oklahoma City posts lowest jobless rate

April 29, 2008

Oklahoma City reported the lowest jobless rate in March, 3.3%, among U.S. metropolitan areas with populations of 1 million or more, the U.S. Bureau of Labor Statistics reported today. The Detroit area again posted the highest unemployment rate among large areas at 8.1%. Among metropolitan areas o...


Heidrick profit slips as Americas revenue falls

April 29, 2008

First-quarter net income fell 29.9% at Heidrick & Struggles International Inc. (NASD: HSII). The Chicago-based executive search firm said profit fell amid a decrease in operating income in its Americas region, driven by a decline in revenue from the financial services industry. Investment in its...