Daily News

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

Acquisitions push Skilled revenue up

August 21, 2009

Skilled Group Limited, the largest Australian staffing firm, reported revenue rose 0.7% to AUS$1.94 billion (US$1.56 million) in its fiscal year ended June 30. Excluding acquisitions, however, revenue fell 8.8%, according to the company. Full-year net income fell 28.2% to AUS$28.3 million (US$22...


Jobless rates exceed 10% in 15 states

August 21, 2009

July unemployment rates exceeded 10% in 15 states, the U.S. Bureau of Labor Statistics reported today. Michigan reported the highest jobless rate among all states in July at 15.0%. Other states with unemployment rates of more than 10.0% were Rhode Island, 12.7%; Nevada,12.5%; California and Oreg...


July mass layoffs up 41% over year

August 21, 2009

The number of U.S. mass layoffs rose 40.5% in July compared with the same month last year, and the initial claims for unemployment insurance related to mass layoffs rose 35.6%, the U.S. Bureau of Labor Statistics reported today. In July, there were 2,157 mass layoff actions compared with 1,535 i...


Accountabilities revenue falls 15%

August 20, 2009

Accountabilities Inc. (OTCBB: ACBT.OB), a Manalapan NJ-based staffing firm, reported revenue fell 15.3% to $12.9 million in its fiscal third quarter ended June 30 compared with the year-ago period, according to a filing with the U.S. Securities and Exchange Commission. Gross margin narrowed to 1...


Oasis buys National HR Advantage

August 20, 2009

Oasis Outsourcing Holdings Inc. acquired National HR Advantage Inc., a Palm Beach Gardens FL-based firm that provides professional employer organization and other services to small- and mid-size employers. Terms of the deal were not announced. National HR Advantage's primary office in Palm Beach...


U.S. leading index edges up 0.6%

August 20, 2009

The Conference Board's U.S. leading index of economic indicators released today rose 0.6% in July. The index now stands at 101.6 (2004 = 100).


Weekly jobless claims rise

August 20, 2009

The number of U.S. initial claims for unemployment insurance rose 2.7% to 576,000 in the week ended Aug. 15 from the previous week's revised number of 561,000, the U.S. Department of Labor reported today. The four-week moving average of claims rose 0.8% to 570,000 from the previous week's revise...


Weekly jobless claims rise

August 20, 2009

The number of U.S. initial claims for unemployment insurance rose 2.7% to 576,000 in the week ended Aug. 15 from the previous week's revised number of 561,000, the U.S. Department of Labor reported today. The four-week moving average of claims rose 0.8% to 570,000 from the previous week's revise...


U.S. leading index edges up 0.6%

August 20, 2009

The Conference Board's U.S. leading index of economic indicators released today rose 0.6% in July. The index now stands at 101.6 (2004 = 100).


Accountabilities revenue falls 15%

August 20, 2009

Accountabilities Inc. (OTCBB: ACBT.OB), a Manalapan NJ-based staffing firm, reported revenue fell 15.3% to $12.9 million in its fiscal third quarter ended June 30 compared with the year-ago period, according to a filing with the U.S. Securities and Exchange Commission. Gross margin narrowed to 1...