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U.S. service sector's expansion slows

November 4, 2009

Economic activity in the U.S. service sector expanded in October for the second month in a row, but the rate of expansion slowed from September's pace, according to the Institute for Supply Management's nonmanufacturing index released today. The index's October reading was 50.6, down from 50.9 i...


Kforce third-quarter revenue dips 9%

November 4, 2009

Kforce Inc. (NASD: KFRC), a Tampa FL-based professional staffing firm, reported third-quarter revenue fell 9.0% to $228.3 million from $250.9 million in the third quarter of 2008. However, third-quarter revenue rose 1.0% from the second quarter. Third-quarter revenue in the company's largest div...


TeamStaff CEO to leave

November 4, 2009

TeamStaff Inc. (NASD: TSTF) announced CEO Rick Filippelli will step down at the end of January. The company said it and Filippelli reached a mutual agreement over his departure after a review found shareholders would best be served by the company focusing on its government staffing subsidiary, T...


People: CHG Healthcare Services

November 4, 2009

CHG Healthcare Services promoted Mike DePaolis to VP of Weatherby Locums, which specializes in the placement of temporary physicians. DePaolis will be based at Weatherby's Cary NC office, and he will have responsibility for directing and managing the operations of the division's sales support or...


PEO revenue at ADP rises 6%

November 4, 2009

Professional employer organization revenue at Automatic Data Processing Inc. (NASD: ADP) rose 6.1% on a year-over-year basis to $293.9 million in the company's fiscal first quarter ended Sept. 30. The increase was brought by higher benefits pass-through revenue from increases in benefit rates an...


Firm estimates U.S. job loss of 224,000

November 3, 2009

Wanted Technologies estimates the U.S. Bureau of Labor Statistics will announce a loss of 224,000 jobs for October when it releases U.S. nonfarm payrolls on Friday. Nonfarm payrolls had fallen by 263,000 in September, according to the BLS. Although claims for unemployment insurance have decrease...


Cross Country revenue down 27%

November 3, 2009

Third-quarter revenue fell 27.2% at Cross Country Healthcare Inc. (NASD: CCRN) to $129.6 million from $178.1 million in the third quarter of 2008. Third-quarter nurse and allied staffing revenue at the Boca Raton FL-based healthcare staffing firm fell 50.3% to $64.1 million from $128.9 million i...


Commission sues Administaff, client

November 3, 2009

The U.S. Equal Employment Opportunity Commission announced a lawsuit against Administaff Inc. (NYSE: ASF), a Texas-based professional employer organization, and Conn-X LLC, a cable service provider in the Baltimore area, alleging religious discrimination. While working for Conn-X, Scott Jacobson...


Research from Staffing Industry Analysts

November 3, 2009

Here is the latest research from Staffing Industry Analysts. To access the research, please go to www.staffingindustry.com. BRIEFING - Staffing Industry Stock Index analysis *SISI down 6.2% for the month, 8 gainers, 12 decliners *MPS highest percentage-gainer of month, driven by Adecco acquisiti...


On Assignment revenue falls, gross margin up

November 3, 2009

On Assignment Inc. (NASD: ASGN) reported third-quarter revenue fell 39.5% to $98.1 million from $161.9 million in the same period last year. Gross margin improved. Third-quarter physician staffing revenue fell just 4.3% on a year-over-year basis to $22.6 million, the Calabasas CA-based healthcar...