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Jobless claims average unchanged

February 27, 2014

The U.S. four-week moving average of initial claims for unemployment insurance in the week ended Feb. 22 was unchanged from the previous week’s revised figure of 338,250, according to seasonally adjusted numbers released today by the U.S. Department of Labor.The four-week moving average decreases...


CDI revenue rises 2%

February 26, 2014

Revenue at CDI Corp. (NYSE: CDI), a Philadelphia-based engineering and technology staffing and solutions provider, rose 2.4 percent in the fourth quarter to of $277.1 million from the same period last year. Gross margin slipped to 18.9 percent from 19.8 percent in the year-ago quarter.Shares were...


Consumer confidence falls in February

February 26, 2014

The Conference Board’s U.S. consumer confidence index fell moderately in February after increasing in January and December. The index now stands at a reading of 78.1 (1985=100).“Consumer confidence declined moderately in February on concern over the short-term outlook for business conditions, job...


Alten Canada acquires Québec firm

February 26, 2014

Alten Canada, a subsidiary of the European technology consulting and engineering firm Alten Group, acquired Consultem, a Québec-based IT consulting and staffing firm. The acquisition strengthens Alten Canada’s presence in the Quebec market, which it recently entered in 2013.“We wanted to buy...


IT workers confidence remains at all-time high

February 26, 2014

The Randstad Technologies Employee Confidence Index held steady in the fourth quarter at a reading of 60.4, its highest level since the survey began in 2005. The index measures workers’ confidence in their personal employment situation and optimism in the economic environment."Technology pro...


Staffing Stream: Six trends for 2014

February 26, 2014

Is your staffing firm keeping pace with today’s pioneers and pacesetters? Simply Hired invited influential leaders and executives from across the staffing industry to explain the critical trends shaping their 2014 strategies. Beth Prunier, senior vice president of sales for Simply Hired, discusse...


IT staffing research analyst sought: Become an industry expert

February 26, 2014

Do you have a need to get to the bottom of things? Enjoy becoming an expert whose opinions are highly sought after? Want to work with sharp people from some of the world’s top schools?If so, we have a unique opportunity for an outstanding analyst and writer to step in and make an immediate impact...


Paragraph in ACA final rules raises questions

February 25, 2014

A paragraph in the final employer mandate regulations of the Affordable Care Act released earlier this month raised questions by some over whether staffing firms are common law employers under the ACA. The paragraph also indicates staffing buyers would have to pay more for temporary workers if th...


Canadian staffing index down over year

February 25, 2014

The Canadian staffing index, a measure of staffing activity in Canada, fell to a reading of 104 in January, down 2 percent from a reading of 106 in January a year ago. On a sequential basis, the index value rose 3 percent in January from the December index value of 101.“The January value of 104 i...


US - CTG revenue falls 5%

February 25, 2014

CTG (NASD: CTG), a Buffalo, N.Y.-based information technology services company, reported fourth-quarter revenue fell 4.8 percent year over year to $102.7 million. Staffing revenue edged down 0.5 percent to $62.3 million in the fourth quarter, while solutions revenue fell 10.7 percent to $40.4 mil...