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MPS revenue rises 10%

July 30, 2008

Second-quarter revenue rose 10% at MPS Group Inc. (NYSE: MPS) to $589.5 million from $535.2 million in the same period last year. Excluding the impact of acquisitions and foreign currency exchange rates, revenue increased 5%. "Despite the general negativity of the current economic environment, we...

Staffing index slips four points

July 30, 2008

The American Staffing Association's (ASA) index measuring temporary employment fell four points in July to 95. The ASA said staffing firms reported strong demand for higher skilled workers, but some staffing sectors have seen decreased demand. As a result, the index has been relatively flat since...

ADP job numbers edge up

July 30, 2008

The U.S. gained 9,000 private-sector nonfarm jobs in July, on a seasonally adjusted basis, according to the national employment report released today by Automatic Data Processing Inc. (NYSE: ADP). In addition, the report revised down its count of jobs lost in June to 77,000 from the original coun...

Your secret recruiting advantage

July 30, 2008

A full 40% of temporary office/clerical workers ultimately convert to full-time status, according to the latest research from Staffing Industry Analysts. Senior Research Analyst Noël Calvi discusses temp-to-hire in The Contingent Blog. For more, click here.

Barrett's top line up 13%

July 30, 2008

Second-quarter revenue rose 13.0% at Barrett Business Services Inc. (NASD: BBSI) to $72.2 million. Staffing services revenue at the Vancouver WA-based company increased 36.5% to $40.6 million. However, Barrett's professional employer organization net revenue fell 7.5% to $31.6 million. Gross marg...

CDI buys engineering services firm

July 30, 2008

CDI Corp. (NYSE: CDI) acquired TK Engineering Associates, a 300-person engineering services firm based in Cincinnati. Terms of the deal were not announced. TK Engineering specializes in engineering services for gas turbine engines for use in aviation and power generation as well as turbines for u...

Washington area posts lowest jobless rate

July 30, 2008

The Washington DC metropolitan area registered the lowest jobless rate in June, 3.9%, among U.S. metropolitan areas with populations of 1 million or more, the U.S. Bureau of Labor Statistics reported today. Detroit posted the highest jobless rate among large metropolitan areas in June at 9.7%. Si...

Volt sells telephone directory business

July 30, 2008

Volt Information Sciences Inc. (NYSE: VOL) struck a deal to sell its telephone directory publishing business to the Yellow Page Group for $178 million in cash. The sale is set to close in September. Included are the Volt Directory Systems and Services, which provides telephone directory database...

Kforce revenue up, divisions sold

July 30, 2008

Kforce Inc. (NASD: KFRC) reported a 4.8% increase in second-quarter revenue to $255.1 million, and said it completed the sales of its scientific and per diem nurse staffing divisions during the quarter. The Tampa FL-based staffing firm sold its scientific staffing division to Aerotek Inc., part o...

Buys boost Spherion in tough quarter

July 29, 2008

Spherion Corp.'s (NYSE: SFN) acquisitions last year of Technisource and Todays Staffing Inc. helped push forward second-quarter revenue. The Fort Lauderdale FL-based staffing company said second-quarter revenue rose 17.7% year-over-year to $563.0 million. However, it fell 5.2% excluding acquisiti...