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House health bill requires 8% payroll fee

November 9, 2009

The U.S. House of Representatives approved a healthcare reform measure Saturday that includes a requirement that companies not providing health insurance for their workers pay 8% of their annual payroll to an insurance exchange. "It would have a horrific effect on employers," said Ed Lenz, senio...


House health bill requires 8% payroll fee

November 9, 2009

The U.S. House of Representatives approved a healthcare reform measure Saturday that includes a requirement that companies not providing health insurance for their workers pay 8% of their annual payroll to an insurance exchange. "It would have a horrific effect on employers," said Ed Lenz, senio...


Arcadia announces share sale for $11.1 million

November 9, 2009

Arcadia Resources Inc. (AMEX: KAD), an Indianapolis-based firm that provides healthcare staffing, home care and pharmacy services, is selling approximately 15.9 million shares of new stock along with options to acquire further shares for approximately $11.1 million. The deal calls for Arcadia to...


Employment trends index rises

November 9, 2009

The Conference Board's U.S. employment trends index has risen 0.3% from its revised August reading and now stands at 88.5, The Conference Board announced today. "The employment trends index has likely turned a corner in September, and the historical relationship between the index and employment...


Spherion index edges down

November 9, 2009

Spherion Corp.'s (NYSE: SFN) employee confidence index edged down in October -- falling one point to a reading of 48.4. According to the index's survey, the percentage of U.S. workers who believe the economy is getting stronger fell to 23% in October, down four percentage points from September....


Employment trends index rises

November 9, 2009

The Conference Board's U.S. employment trends index has risen 0.3% from its revised August reading and now stands at 88.5, The Conference Board announced today. "The employment trends index has likely turned a corner in September, and the historical relationship between the index and employment...


Spherion index edges down

November 9, 2009

Spherion Corp.'s (NYSE: SFN) employee confidence index edged down in October -- falling one point to a reading of 48.4. According to the index's survey, the percentage of U.S. workers who believe the economy is getting stronger fell to 23% in October, down four percentage points from September....


Arcadia announces share sale for $11.1 million

November 9, 2009

Arcadia Resources Inc. (AMEX: KAD), an Indianapolis-based firm that provides healthcare staffing, home care and pharmacy services, is selling approximately 15.9 million shares of new stock along with options to acquire further shares for approximately $11.1 million. The deal calls for Arcadia to...


Medical Staffing Network revenue slips 42%

November 6, 2009

Medical Staffing Network Holdings Inc. (OTCBB: MNSW.PK), a Boca Raton FL-based healthcare staffing firm, reported third-quarter revenue fell 41.9% to $78.9 million from $135.8 million in the same period last year. Third-quarter gross margin, however, improved to 27.7% from 25.3% in the year-ago...


Kelly revenue falls 25%

November 6, 2009

Third-quarter revenue fell 24.9% at Kelly Services Inc. (NASD: KELYA) to $1.05 billion on a year-over-year basis. A decrease in hours worked of 21.6% and a decline in average hourly bill rates of 5.1% helped pull down third-quarter revenue, the company said in its 10-Q filing with the U.S. Secur...