Daily News

Daily News-Staffing Industry Analysts RSS Feed Get the RSS Feed

TechTeam revenue falls 22%

March 30, 2010

TechTeam Global Inc. (NASD: TEAM), a Southfield MI-based firm that provides information technology solutions as well as some staffing, reported that fourth-quarter revenue fell 21.7% to $48.5 million from $61.9 million in the fourth quarter of the previous year. Fourth-quarter gross margin narro...


InVentiv may be acquired

March 29, 2010

InVentiv Health Inc. (NASD: VTIV), a clinical services and staffing firm, announced Friday the investors have come forward with an interest in buying the company. InVentiv's board formed a special committee to consider a possible sale, and hired Goldman, Sachs & Co. as a financial advisor. The c...


Survey: 62% of firms hiring full-time workers

March 29, 2010

Sixty-two percent of human resources professionals from eight selected industries said they are hiring full-time staff, according to a survey by the Society for Human Resource Management. Healthcare topped the list of industries surveyed with 84% of healthcare human resources professionals sayin...


Commercial staffing to grow 11%

March 29, 2010

Revenue in the commercial staffing segment is forecast to grow 11% in 2010. New research available to Staffing Industry Analysts corporate members takes a close look at that growth. INSIGHT - Commercial staffing growth update *Industrial is the star of 2010, but what about 2020? *Margins under...


Temp staffing shows improvement

March 29, 2010

Temporary staffing showed widespread improvement in February as did temp-to-hire and direct hire, according to the Staffing Industry Monthly Pulse Survey conducted by Staffing Industry Analysts. Retained search posted mild improvement. The professional employer organization segment was flat; and...


Arcus, Green Apple merge

March 29, 2010

Arcus, a Harrisburg PA-based staffing firm, announced that it and Green Apple Corp., a Philadelphia-based information technology staffing firm, have merged. The company will operate under the Arcus name. Green Apple founder Geoffrey Dreyer will serve as VP of staffing services. Arcus posted reve...


Commerce Department lowers GDP estimate

March 26, 2010

Real gross domestic product growth increased at an annual rate of 5.6% in the fourth quarter of 2009, according to a third estimate released today by the U.S. Commerce Department. The rate is down from an earlier estimate of 5.9% growth. GDP had grown by only 2.2% in the third quarter of 2009. I...


Medical Staffing Network revenue falls 34%

March 26, 2010

Fourth-quarter revenue fell 33.5% at Medical Staffing Network Holdings Inc. (OTCBB: MNSW.PK) to $75.7 million. The Boca Raton FL-based healthcare staffing firm and vendor management system operator, which reported earlier this week that it may consider seeking bankruptcy protection, also said it...


North Dakota, Michigan continue trend

March 26, 2010

North Dakota posted the lowest jobless rate among all states in February at 4.1%, and Michigan posted the highest at 14.1%, according to data released today by the U.S. Bureau of Labor Statistics. The rankings follow a trend from 2009. North Dakota posted the lowest annual average unemployment r...


General Employment deal called off

March 26, 2010

General Employment Enterprises Inc. (AMEX: JOB) said a previously announced acquisition effort did not go through, according to a filing with the U.S. Securities and Exchange Commission. General Employment had announced in December that it struck a deal to acquire a portion of GT Systems Inc., a...