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People - Strategic Staffing Solutions, ClearPoint

April 21, 2008

Strategic Staffing Solutions Inc., a Detroit-based information technology staffing firm, named Amy Vasquez as executive VP. She will have an office at the company's Detroit headquarters and in its Atlanta branch. Vasquez previously served as president of the IT services division of Management Dec...


U.S. workers earn median of $719 per week

April 21, 2008

Full-time workers in the United States had median weekly earnings of $719 in the first quarter of 2008, the U.S. Bureau of Labor Statistics reported, an increase of 3.8% from a year ago. Full-time workers over 25 years old without high school diplomas had median weekly earnings of $435, compared...


Volt buys South American firm

April 21, 2008

Volt Information Sciences Inc. (NYSE: VOL) acquired Advice Consulting, a Montevideo, Uruguay, company that does retained search and consulting. Terms of the deal were not announced. "Being a part of Volt will provide us with an important base of new corporate clients, more and better financial re...


Cascade buys travel nurse provider

April 18, 2008

Cascade Healthcare Services LLC announced that it acquired qShift Travel Nurses, a Colorado Springs CO-based, national provider of travel nurses. Terms of the deal were not announced. "Acquiring qShift fulfills our strategy to expand beyond our current offerings of per diem staffing, training, an...


Index remains in recession territory

April 18, 2008

The growth rate for the Economic Cycle Research Institute's forward-looking gauge of the U.S. economy for the week ended April 11 contracted 10.2%. ECRI's weekly leading index (WLI) level was 132.0, up from the prior period's reading of 131.9. The index and growth rate can move in opposite direct...


IGate profit up, staffing revenue down

April 18, 2008

First-quarter net income rose 71.2% at information technology services and staffing firm iGate Corp. (NASD: IGTE), the company reported today. However, revenue in its professional services division, which includes staffing firms iGate Mastech and RPOworldwide, fell 7.8%. Pittsburgh-based iGate sa...


Foreign operations fuel Manpower results

April 18, 2008

Growth in Europe and help from favorable foreign exchange rates boosted first-quarter earnings for Manpower Inc. (NYSE: MAN), the world's second-largest staffing company. Despite lower U.S. revenue, its earnings of 94 cents per diluted share beat analysts' estimate of 82 cents. "Operations like E...


South Dakota again posts lowest unemployment

April 18, 2008

South Dakota again recorded the lowest jobless rate among states in March with an unemployment rate of 2.5%, followed by Nebraska at 2.9%, the U.S. Bureau of Labor Statistics reported today. South Dakota's jobless rate has been the lowest among all states since January. It tied with Idaho for the...


Teamstaff releases preliminary results

April 18, 2008

TeamStaff Inc. (NASD: TSTF) said it today expects to report first-quarter revenue of $17.3 million in its fiscal second quarter ended March 31, 2008 and income from continuing operations of $100,000. That's up 1.8% from $17.0 million in the second quarter of the previous year and a loss from cont...


Commission clears Randstad, Vedior deal

April 17, 2008

Randstad Holding NV, the world's third-largest staffing firm, said it received clearance from the European Commission for its acquisition of Vedior NV, the fourth-largest firm. The combined company would rank as the second-largest staffing company in the world. Randstad said the approval marks an...