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Medical staffing revenue falls 36% at Arcadia

February 8, 2010

Arcadia Resources Inc. (AMEX: KAD) reported Friday its medical staffing revenue fell 35.7% to $4.5 million in its fiscal third quarter ended Dec. 31, 2009, compared with $7.0 million in the third quarter of the previous year. The Indianapolis-based Arcadia also reported third-quarter revenue in...


Employment trends index edges up

February 8, 2010

The Conference Board's U.S. employment trends index rose to a reading of 93.2 in January from 92.3 in December, the organization announced today. It's the fifth consecutive month of increases. "The continued rise in the [employment trends index] makes us more optimistic that job growth will resu...


Updates: Staff Management, Q Analysts

February 8, 2010

Staff Management -- a high-volume, vendor-on-premise and managed services staffing provider -- said it ended 2009 with several new client acquisitions. Among them: * A confectionary manufacturer replaced its incumbent contingent workforce management provider with Staff Management to manage its...


Spherion employee confidence index rises

February 8, 2010

The Spherion Corp. (NYSE: SFN) employee confidence index rose one point in January to a reading of 50.1 as more workers were optimistic about the strength of the economy and job availability. "I am pleased with the slight uptick in worker confidence this month," Spherion President and CEO Roy Kr...


U.S. economic growth may decelerate

February 5, 2010

The Economic Cycle Research Institute's weekly leading index measuring the U.S. economy eased. "While a 'double dip' is nowhere in sight, the continued easing in [weekly leading index] growth indicates that U.S. economic growth will start decelerating in the coming months," said Lakshman Achutha...


Kelly Services revenue falls 7%

February 5, 2010

Kelly Services Inc. (NASD: KELYA) reported fourth-quarter revenue fell 6.6% on a year-over-year basis, but rose 13.8% compared with the third quarter. "For our industry and for Kelly, improvements didn't really begin to show up until the third quarter with more pronounced progress in the fourth,...


Canada adds 43,000 jobs

February 5, 2010

Canada gained 43,000 jobs in January for total employment of more than 16.9 million, and the jobless rate fell to 8.3% in January from 8.4% in December, according to seasonally adjusted numbers released today by Statistics Canada. Most of the job gains were in part-time employment. Canada added...


Temp payrolls rise again, jobs fall overall

February 5, 2010

U.S. temporary help payrolls rose by 52,000 jobs in January, a slightly smaller gain than in December, according to seasonally adjusted numbers released today by the U.S. Bureau of Labor Statistics. The U.S. unemployment rate also fell to 9.7% in January from 10.0% in December. However, the U.S....


Source2 fourth-quarter revenue up 13%

February 5, 2010

Source2, an Orlando FL-based staffing firm, reported fourth-quarter revenue rose 12.7% to $2.9 million on a year-over-year basis. Fourth-quarter gross margin improved to 21.2% from 20.3% in the year-ago quarter. The company posted a net loss of $5,542 in the fourth quarter compared with a net lo...


TrueBlue revenue falls 13%, same-store growth returns

February 4, 2010

Fourth-quarter revenue fell 13.1% on a year-over-year basis at TrueBlue Inc. (NYSE: TBI), but it reported year-over-year growth in same-branch revenue returned in December. The Tacoma WA-based industrial staffing firm reported fourth-quarter revenue of $262.2 million compared with $301.6 million...