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Research from Staffing Industry Analysts

February 3, 2010

The Daily News represents a small portion of the information and research Staffing Industry Analysts provides. The latest research out today for corporate members includes an Insight on 2018 employment projections and their impact on staffing. INSIGHT - 2018 employment projections: impact on sta...


TeamStaff solves Nasdaq notice

February 3, 2010

TeamStaff Inc. (NASD: TSTF) announced it's back in compliance with a Nasdaq Capital Market listing requirements that mandate a $1 per share minimum closing bid price. The company had received a delisting notice in December because it had not maintained a minimum bid price of $1 per share over a...


ADP report: U.S. lost 22,000 jobs in January

February 3, 2010

The U.S. lost an estimated 22,000 private-sector nonfarm jobs in January on a seasonally adjusted basis, according to Automatic Data Processing Inc.'s (NYSE: ADP) monthly national employment report released Wednesday. ADP's report says the service sector gained 38,000 jobs in January, but the go...


Service sector posts growth in January

February 3, 2010

Economic activity in the U.S. service sector increased in January after contracting in December, according to the Institute for Supply Management's nonmanufacturing index released Wednesday. The readings include updated information from the U.S. Department of Commerce which is used to calculate...


Survey taking pulse of staffing industry

February 3, 2010

Want a current snapshot of revenue trends in the U.S. staffing industry? Participate in Staffing Industry Analysts' short Pulse survey to receive a 30-page report on the current pulse of staffing and a chance at a $100 Amazon gift certificate. Your individual results are confidential. The deadl...


Obama budget takes aim at misclassification

February 3, 2010

President Barack Obama's budget outline introduced earlier this week includes language aimed at employers who misclassify workers as independent contractors as well as $25 million for enforcement and anti-misclassification activities for states. The Departments of Labor and Treasury are pursuing...


Mastech revenue slips, gross margin up

February 3, 2010

Mastech Holdings Inc. (AMEX: MHH) reported a 32.5% year-over-year decline in fourth-quarter revenue, but cited an improving economic environment and an increase in gross margin. Fourth-quarter revenue at the Pittsburgh-based information technology staffing firm fell to $15.6 million from $23.1 m...


Staffing firm owner pleads guilty in tax case

February 3, 2010

The former owner of a Texas staffing firm pleaded guilty to tax evasion in not paying more than $1 million in employment taxes, according to the U.S. Attorney's Office for the Southern District of Texas. Priscilla Ann Clues, former owner of Exclusive Temporaries Inc. in Houston, did not pay empl...


Spherion pays $46 million for Tatum

February 2, 2010

Spherion Corp. (NYSE: SFN) announced Monday it acquired Tatum LLC, an Atlanta-based firm that provides chief financial officer staffing as well as CFO-related services and consulting, for $46 million. Professional services will account for 44% of Spherion's total revenue after the deal, accordin...


PEO revenue rises 9% at ADP

February 2, 2010

Professional employer organization revenue at Automatic Data Processing Inc. (NASD: ADP) rose 9.0% to $311.2 million in its fiscal second quarter ended Dec. 31, 2009, compared with $285.4 million in the same period last year. ADP reports PEO revenue net of direct pass-through costs such as wages...