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Women and the path to staffing’s highest ranks — Staffing Stream

April 30, 2015

Well over one-third of the 27 North America-based public staffing firms included in Staffing Industry Analysts’ Q3 2014 financial results report have no women listed on their executive boards as of their most recent Definitive Proxy, according to Leah McKelvey senior director, marketing and partn...


Kforce revenue rises 11%

April 29, 2015

Kforce Inc. (NASD: KFRC) reported first-quarter revenue rose 10.8% year over year to $312.6 million. Gross margin also improved to 30.3% from 29.6% in the year-ago quarter.However, net income at the Tampa, Fla.-based professional staffing provider fell 7.4% year over year to $5.8 million.Kforce r...


Barrett Q1 revenue up 23% but net loss widens

April 29, 2015

Barrett Business Services Inc. (NASD: BBSI) reported net revenue rose 23.5% year over year in the first quarter with increases in both PEO and temporary staffing revenue.However, gross margin narrowed and net loss widened at the Vancouver, Wash.-based company, which historically incurs losses in...


US GDP growth hits the brakes in Q1

April 29, 2015

US real gross domestic product edged up at an annual rate of only 0.2% in the first quarter, according to the “advance” estimate released today by the US Bureau of Economic Analysis. It increased by 2.2% in the fourth quarter.Positive contributions from personal consumption expenditures and priva...


OSHA cites soap manufacturer, staffing provider

April 29, 2015

The US Department of Labor’s Occupational Safety and Health Administration cited Marietta Corp., a soap and shampoo manufacturer, for exposing employees to chemical and fire hazards. Select Staffing, which provided the manufacturer with temporary employees, was also cited for chemical-related haz...


Las Vegas metro area posts highest jobless rate in March

April 29, 2015

The Las Vegas metropolitan area posted the highest unemployment rate in March, 7.2%, 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 March was found in the Austin-R...


Canadian consumer confidence falls in April, pessimistic outlook on future job prospects

April 29, 2015

The Conference Board of Canada’s consumer confidence index fell 13.6 points to 94.7 in April (2014 = 100), following a rebound in March.“Relative to last month, Canadians were more pessimistic about their current and future finances, their willingness to make a major purchase, and future job pros...


Correction

April 29, 2015

The “acquisition price” of ¥4.8 billion as disclosed by Recruit Co. Ltd. in the acquisition of Atterro represents the equity value of Atterro shares, according to Michael Manser of Advantage Resourcing America Inc., the Recruit division that is acquiring the firm. However, the total acquisition p...


Advantage to acquire Atterro

April 28, 2015

Advantage Resourcing America Inc., a division of Recruit Co. Ltd., announced plans to acquire Minneapolis-based provider Atterro Inc.An acquisition price of ¥4.8 billion as disclosed by Recruit, the world’s fifth-largest staffing firm and the largest staffing firm in Japan, represents t...


Heidrick exec search revenue rises in Americas, Asia Pacific

April 28, 2015

Executive search firm Heidrick & Struggles International Inc. (NASD: HSII) reported net revenue rose 3.6% in the first quarter to $115.2 million. Executive search and leadership consulting revenue rose 12.0% in the Americas and 10.1% in Asia Pacific, but fell 25.0% in Europe. In constant curr...