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AMN revenue up 7% in Q3, but locum tenens revenue falls

November 1, 2018

AMN Healthcare Services (NYSE: AMN) reported third-quarter revenue rose 6.6% with growth coming in its nurse and allied business as well as its “other workforce solutions” business. Third-quarter revenue fell 9.3% in its locum tenens solutions business.

The San Diego-based company ranks as the largest...


PEO Insperity’s Q3 revenue rises on increase in worksite employees

November 1, 2018

Professional employer organization Insperity Inc. (NYSE: NSP) reported third-quarter revenue rose 16.3%. The company reported growth was driven by a 15% increase in the average number of worksite employees paid per month.

An acceleration of worksite employee growth throughout 2018 has been the result...


Nurse staffing platform IntelyCare announces $10.8 million funding round

November 1, 2018

IntelyCare, a nurse staffing platform for post-acute healthcare facilities, raised $10.8 million in a Series A funding round. This investment brings the Massachusetts-based firm’s total funding to $14 million.

IntelyCare uses artificial intelligence and a mobile app to place nursing professionals. The...


ISM manufacturing index falls to six-month low in October

November 1, 2018

Economic activity in the manufacturing sector expanded in October at a slower pace than in September, according to the Institute for Supply Management’s purchasing managers index for US manufacturing. September’s index reading registered 57.7, down from August’s reading of 59.8.

Any reading above...


Hudson reports revenue up in Q3, but loss of large contract still hinders growth in Americas and Europe

November 1, 2018

RPO provider Hudson Global Inc. (NASD: HSON) reported third-quarter revenue rose 11.6%. The New York-based firm reported the Asia Pacific region produced the strongest growth while the Americas and Europe continued to be affected by a large global contract that ended in the third...


Number of US freelancers rise, earn more and log 1 billion hours per week: Upwork

October 31, 2018

More people in the US are turning to freelance work, in a movement led by two groups: younger workers and those choosing to freelance on a full-time basis. Freelancing is growing faster than the traditional workforce, and freelancers are seeing their earnings rise.

That’s according to the fifth annual...


Kforce revenue rises 4% in third quarter, technology temp staffing revenue up

October 31, 2018

Technology temporary staffing helped fuel growth at Kforce Inc. (NASD: KFRC). Third-quarter revenue at the Tampa, Fla.-based professional staffing firm rose 4.2% year over year. Revenue came in below guidance; it had risen 5.4% in the second quarter.

(US$ thousands) Q3 2018 Q3 2017 % change ...


Mastech revenue up 13% in Q3 with boost from acquisition

October 31, 2018

Mastech Digital Inc. (NYSE MKT: MHH) reported third-quarter revenue rose 12.9%. The Pittsburgh-based provider of IT staffing provider also reported its July 2017 acquisition of InfoTrellis Inc. contributed $5.8 million to revenue in the quarter.

(US$ thousands) Q3 2018 Q3 2017 % change ...


PEO revenue rises 10% at ADP in fiscal Q1

October 31, 2018

PEO revenue rose 10% at ADP (NASD: ADP) in its fiscal first quarter ended Sept. 30. Total revenue was up 8%, or 7% when adjusted for constant currency and organic growth. The Roseland, NJ-based firm provide PEO and other services such as payroll processing.

(US$ millions) Q1 2019 Q1 2018 % change ...


US private-sector job growth bounces back in October, adds 227,000 positions: ADP

October 31, 2018

The US private sector added 227,000 jobs in October, according to the ADP National Employment Report. That’s up from 218,000 in September and 162,000 in August.

“The job market bounced back strongly last month despite being hit by back-to-back hurricanes,” Mark Zandi, chief economist of Moody’s...