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Hudson Q4 revenue down, but focus is now on core businesses

March 3, 2016

Fourth-quarter revenue fell 14.3% in constant currency at Hudson Global Inc. (NASD: HSON). However, it rose 0.9% on a constant-currency basis when excluding the Americas IT and its Netherlands business. Hudson sold its Americas IT staffing business to Mastech Inc. last June and sold its Netherland business...


Impellam full-year revenue rises

March 3, 2016

Impellam Group plc, one of the world’s largest staffing firms, reported revenue rose 34.3% in full-year 2015 to £1.78 billion (US$2.63 billion).

(£millions) Full-year 2015 Full-year 2014 % change Full-year 2015 (USD$millions)
Revenue £1,777.3 £1,323.4 34.3% ...


Comrise names new US president

March 3, 2016

Comrise Inc., a staffing and consulting company serving clients in the US and greater China, named Shelly Carolan as the organization’s new US president, effective Feb. 29. She replaces Sincia Liu, who steps up to become the president of Comrise Holding Inc.    

Carolan most recently...


Beige Book: Modest growth in labor markets

March 3, 2016

Labor market conditions continued to improve, with modest growth in the labor market from early January to late February, according to the Federal Reserve’s Beige Book report released Wednesday.

The Beige Book, a collection of observations from the 12 federal regional banks, provides a snapshot of current...


US nonmanufacturing index decelerates, employment contracts for first time in two years

March 3, 2016

Economic activity in the US nonmanufacturing sector increased in February but at a slower pace than January. The Institute for Supply Management’s nonmanufacturing composite index fell to a reading of 53.4 from January’s reading of 53.5.

A reading above 50 indicates expansion in the sector.

The employment...


Jobless claims average falls to lowest level since November

March 3, 2016

The US four-week moving average of initial claims for unemployment insurance was 270,250 last week, down 1,750 from the previous week’s unrevised average, according to seasonally adjusted numbers released today by the US Department of Labor.

The four-week moving average decreases the volatility of the...


Specialize to adapt in the staffing industry

March 3, 2016

“Two decades ago, a people person who could draw others out to talk about their work challenges made for a great salesperson in the staffing industry,” Kersten Buck writes in the latest issue of Staffing Industry Review. “Today the industry asks for tech savvy subject-matter experts who understand...


Oregon governor signs highest minimum wage in nation — Web

March 3, 2016

Oregonlive.com reports Oregon Gov. Kate Brown signed a new minimum wage law that will increase the minimum wage to $14.75 per hour in some parts of the state by 2022.


RCM revenue falls 4%

March 2, 2016

RCM Technologies Inc. (NASD GM: RCMT) — a provider of engineering, IT and healthcare staffing — reported revenue fell 3.9% in its fourth quarter ended Jan. 2.

(US$ thousands) Q4 2015 Q4 2014 % growth
Revenue $47,407 $49,310 -3.9%
Gross profit $13,690 $13,320 ...


Canadian GDP up 0.8% in Q4

March 2, 2016

Canadian real gross domestic product rose at an annualized rate of 0.8% in the fourth quarter following a gain of 2.4% in the third quarter, Statistics Canada reported. By comparison, real GDP in the US rose at an annualized rate of 1.0% in the fourth quarter.

When not expressed at an annualized rate,...