Daily News

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

Source2 revenue up 44%

August 12, 2010

Source2, an Orlando FL-based firm that provides RPO, staffing and other services, reported second-quarter revenue rose 44.4% on a year-over-year basis to $3.9 million.

Second-quarter gross margin rose to 27.6% from 23.8% in the same period last year. The company reported that the second quarter marked...

Jobless claims rise by 2,000

August 12, 2010

U.S. initial claims for unemployment insurance rose by 2,000, or 0.4%, to 484,000 in the week ended Aug. 7, according to seasonally adjusted numbers released today by the U.S. Department of Labor.

The four-week moving average of claims for the week ended Aug. 7 rose by 14,250, or 3.1%, to 473,500 from...

ZeroChaos must provide $61,191 in back pay

August 12, 2010

ZeroChaos agreed to pay $61,191 in back wages to 81 employees, the U.S. Department of Labor's Wage and Hour Division reported Wednesday, although the company said it did not agree with the division's assessment of the workers' status.
The company erroneously classified several employees as exempt,...

P2P says revenue to rise approximately 54%

August 12, 2010

P2P Staffing Corp., a privately held professional staffing firm based in Fort Lauderdale FL, forecasts 2010 revenue of between $40 million and $45 million, equating to a year-over-year increase in the range of 54%.

The company reported second-quarter revenue was up 77% compared with the same period...

Largest global firms list, other research online

August 11, 2010

The 2010 list of largest global staffing firms is now available to corporate members of Staffing Industry Analysts. Other new research includes an Insight on compensation of internal employees and an update on U.S. economic indicators.

INSIGHT - 2010 list of largest global staffing firms
*84 firms...

RCM revenue edges up 1%

August 11, 2010

RCM Technologies Inc. (NASD: RCMT) reported second-quarter revenue edged up 1.1% to $46.9 million from $46.4 million in the year-ago quarter.

Second-quarter gross margin at the Pennsauken NJ-based staffing provider rose to 27.5% from 25.1% in the second quarter of last year.

RCM reported net income...

Staffing industry's most powerful people

August 11, 2010

Who are the 25 most powerful people in staffing? Some of them might surprise you.

For SI Review's first-ever list, click here.

Adecco revenue rises 29%

August 11, 2010

Adecco SA, the world's largest staffing firm, announced second-quarter revenue rose 29% from the year-ago quarter to euro4.65 billion (US$5.67 billion) as business conditions continued to improve.

Second-quarter revenue was still up 13% on an organic basis -- excluding the effects of currency and acquisitions,...

Job openings and hires fall, separations rise

August 11, 2010

U.S. job openings slipped by 0.1% in June from May, but the number of openings was still up 16.6% from a year ago, according to data released today by the U.S. Bureau of Labor Statistics. The job openings rate -- a measure of job openings compared with total employment -- was 2.2% in June, unchanged...

Kelly Services revenue up 18%

August 11, 2010

Second-quarter revenue at Kelly Services Inc. (NASD: KELYA) rose 17.5% to $1.21 billion from $1.03 billion in the second quarter of last year with President and CEO Carl Camden noting that labor markets are "slowly strengthening around the world."

Kelly's second-quarter U.S. revenue rose 21.7% on a...