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Fortune Industries revenue falls 0.8%

May 17, 2010

Fortune Industries Inc. (AMEX: FFA), an Indianapolis-based provider of professional employer organization services, reported revenue fell 0.8% to $15.3 million in its fiscal third quarter ended March 31, 2010, compared with $15.4 million in the same period in the previous year. "In January, we e...


Financials: Source2, Search Path HCS

May 17, 2010

Source2 reported revenue rose 41.1%. Search Path HCS Inc. (OTCBB: SRCP.PK) reported revenue rose 20.5%. Source2, an Orlando FL-based provider of staffing, recruitment process outsourcing and other services, reported earnings for the first quarter ended March 31, 2010, compared with the same peri...


TeamStaff revenue falls 15%

May 17, 2010

TeamStaff Inc. (NASD: TSTF), a provider of healthcare and logistics staffing to the federal government, reported revenue fell 14.6% on a year-over-year basis to $9.8 million in its fiscal second quarter ended March 31, 2010. "Our results this quarter continue to reflect our substantial transform...


Medical Connections revenue falls 7%

May 14, 2010

Medical Connections Holdings Inc., a Boca Raton FL-based healthcare staffing firm, reported first-quarter revenue fell 6.6% to $1.4 million from $1.5 million in the same period last year, according to a filing with the U.S. Securities and Exchange Commission. First-quarter gross margin narrowed...


CIOs gain influence, but 43% to seek new jobs

May 14, 2010

Chief information officers gained influence during the Great Recession but, globally, 43% plan to be in new jobs in the next 24 months, according to a survey by Harvey Nash, an information technology services and staffing firm. More than half of CIOs sit on operational boards at their companies,...


Report: U.S. jobless rate high, but declining

May 14, 2010

The U.S. unemployment rate will steadily decrease from around 9.8% in the current quarter to 9.1% in the second quarter of 2011, according to the second quarter Survey of Professional Forecasters released today by the Federal Reserve Bank of Philadelphia. The unemployment rate will lower to 7.1%...


People: Kelly, Jackson & Coker, Fortune

May 14, 2010

Kelly Services Inc. (NASD: KELYA) announced that Verne Istock has retired from its board after almost two decades of service. Toshio Saburi, executive director of Temp Holdings Company, was elected to the board at the company's annual meeting on May 12. In addition, the following people were ele...


Survey: 33% of workers to seek new jobs

May 13, 2010

Thirty-three percent of workers said they will likely look for a new job when the economy picks up, according to a survey by CareerBuilder. And almost 32% of employers are concerned about losing high performing workers in the second quarter. The survey found that 32% of workers were dissatisfied...


Contract Watch: Manpower, Technisource

May 13, 2010

Manpower Vietnam, a division of Manpower Inc. (NYSE: MAN) announced it expanded its agreement with Techcombank, a Vietnamese bank, to provide recruitment process outsourcing. Manpower's two-year contract includes managing Techcombank's recruiting and hiring processes from job profiling to onboar...


Staffing firm people announcements

May 13, 2010

Adecco SA, the world's largest staffing firm announced Alexander Gut was elected to its board of directors at the company's annual meeting on May 11. Gut is a Swiss certified accountant and founder and managing partner of Gut Corporate Finance AG, a corporate finance advisory firm. Gut has also...