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Medical Connections revenue falls 15%

August 17, 2009

Medical Connections Holdings Inc. (OTCBB: MCTH.OB), a Boca Raton FL-based healthcare staffing firm, reported second-quarter revenue fell 14.7% to $1.6 million from $1.8 million in the same period last year. Permanent placement revenue fell 54.8% year over year to $225,168, according to the compa...


General Employment eyes acquisition

August 17, 2009

General Employment Enterprises Inc. (AMEX: JOB) reported it signed a letter of intent to acquire On-Site Services Inc., a temporary staffing firm and payroll services company with $10 million in annual revenue, from WTS Acquisition Corp. CEO Ronald Heineman said General Employment hopes to close...


General Employment eyes acquisition

August 17, 2009

General Employment Enterprises Inc. (AMEX: JOB) reported it signed a letter of intent to acquire On-Site Services Inc., a temporary staffing firm and payroll services company with $10 million in annual revenue, from WTS Acquisition Corp. CEO Ronald Heineman said General Employment hopes to close...


Research from Staffing Industry Analysts

August 14, 2009

Here is the latest research from Staffing Industry Analysts: Staffing Industry Report, Aug. 2009, Vol. XX, No. 8 Full PDF *List of largest staffing firms by segment, including IT, industrial, office/clerical, finance/accounting and legal *Survey tracks industry growth in real-time *Healthcare re...


TeamStaff revenue falls 26%

August 14, 2009

TeamStaff Inc. (NASD: TSTF), a Somerset NJ-based healthcare and administrative staffing firm, reported revenue fell 26.2% to $13.1 million in its fiscal third quarter ended June 30 compared to the same period in the previous year. Third-quarter gross margin slipped to 16.0% from 18.6% in the yea...


Pulse survey opens

August 14, 2009

Staffing Industry Analysts recently opened its latest Staffing Industry Monthly Pulse Survey, a brief questionnaire intended to provide real-time information on U.S. staffing revenue growth trends, by sector, by segment and by industry. The deadline to participate is noon Pacific Time on Thursda...


TeamStaff revenue falls 26%

August 14, 2009

TeamStaff Inc. (NASD: TSTF), a Somerset NJ-based healthcare and administrative staffing firm, reported revenue fell 26.2% to $13.1 million in its fiscal third quarter ended June 30 compared to the same period in the previous year. Third-quarter gross margin slipped to 16.0% from 18.6% in the yea...


GDP to improve, jobless rate to rise

August 14, 2009

Economists upgraded their growth estimates for U.S. real gross domestic product, according to the latest Survey of Professional Forecasters released today by the Federal Reserve Bank of Philadelphia. But they estimate unemployment will reach 9.9% in the fourth quarter, and remain there until the...


TSR revenue declines 25%

August 14, 2009

Revenue fell 25.4% year over year to $9.4 million at TSR Inc. (NASD: TSRI), a Hauppauge NY-based information technology staffing firm, in the company's fiscal fourth quarter ended May 31. Fourth-quarter net income fell 60.6% to $93,000 from $236,000 in the year-ago quarter. For the full fiscal y...


TSR revenue declines 25%

August 14, 2009

Revenue fell 25.4% year over year to $9.4 million at TSR Inc. (NASD: TSRI), a Hauppauge NY-based information technology staffing firm, in the company's fiscal fourth quarter ended May 31. Fourth-quarter net income fell 60.6% to $93,000 from $236,000 in the year-ago quarter. For the full fiscal y...