Daily News
Government funding deal excludes back pay for contractors (NBC News)
February 15, 2019President Donald Trump is blocking a measure to give back pay to federal contractors affected by last month’s government shutdown as part of a bipartisan agreement to avert another federal closure, Sen. Roy Blunt, R-Mo., told reporters Wednesday. NBC News reported hundreds of thousands...
Next Americas SIA Daily News is Tuesday
February 15, 2019The Americas Staffing Industry Daily News will not publish Monday because of the Presidents’ Day holiday. The next Staffing Industry Daily News will be on Tuesday, Feb. 19.
Persol Holdings net sales up 37% in fiscal Q3
February 14, 2019Persol Holdings Ltd., one of the largest staffing firms globally, reported net sales rose 36.8% in its fiscal third quarter ended Dec. 31. The Tokyo-based company operates a joint venture in Asia Pacific with Kelly Services Inc. (NASD: KELYA) called PersolKelly, and last year acquired...
ASGN revenue up 37% in Q4 with acquisition of ECS; rises 12% on pro forma basis
February 14, 2019Revenue at ASGN Inc. (NYSE: ASGN) jumped 36.9% in the fourth quarter with revenue growth across business lines. However, fourth-quarter revenue was up 11.8% on a pro forma basis — which treats revenue from ECS Federal LLC, a government services contractor the company acquired in April 2018, as if both...
GEE Group revenue falls 15% in fiscal Q1
February 14, 2019Revenue fell 14.8% at GEE Group (NYSE: JOB) in its fiscal first quarter ended Dec. 31. Contract staffing revenue fell 13.8% at the Jacksonville, Fla.-based staffing provider; direct-hire revenue fell 21.5%.
(US$ thousands) | Q1 2019 | Q1 2018 | % change |
Net revenue | $38,543 | $45,232 ... |
Human cloud firm Business Talent Group acquires UK-based Hillgate
February 14, 2019Business Talent Group, a business-focused human cloud platform for on-demand consultants, experts and executives, acquired Hillgate, a UK-based online talent marketplace. The transaction expands Los Angeles-based Business Talent Group’s international footprint and launches its BTG Europe brand.
“BTG...
Canadian employment services revenue rises 6.8% in 2017
February 14, 2019Operating revenue for Canada’s employment services industry group rose 6.8% year over year to C$14.5 billion (US$11.55 billion) in 2017, according to the latest data released today by Statistics Canada. The group includes employment placement agencies and executive search services; temporary help...
Jobless claims average posts highest reading in a year
February 14, 2019The US four-week moving average of initial claims for unemployment insurance rose to 231,750 last week, up 6,750 from the previous week’s average and the highest level for this average since Jan. 27, 2018, when it was 234,000, the US Department of Labor reported. The previous week’s average was revised...
Kelly Services Q4 revenue up 0.6% in constant currency; ‘challenging talent supply’ in US
February 13, 2019Fourth-quarter revenue at Kelly Services (NASD: KELYA) rose 0.6% on a constant currency basis. However, revenue was down 0.5% on a reported basis. The Troy, Mich.-based staffing firm reported a “challenging talent supply environment” in the US. The company noted Americas staffing revenue reflects...
Recruit Holdings revenue up 6%; HR tech segment leads growth
February 13, 2019Recruit Holdings Co. Ltd., one of the world’s largest staffing firms, reported revenue rose 6.0% in its fiscal third quarter ended Dec. 31. The fastest growth took place in the Tokyo-based company’s “HR Technology” segment, which includes job board Indeed and recently acquired Glassdoor. Revenue...