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Source2 fourth-quarter revenue up 13%

February 5, 2010

Source2, an Orlando FL-based staffing firm, reported fourth-quarter revenue rose 12.7% to $2.9 million on a year-over-year basis. Fourth-quarter gross margin improved to 21.2% from 20.3% in the year-ago quarter. The company posted a net loss of $5,542 in the fourth quarter compared with a net lo...


TrueBlue revenue falls 13%, same-store growth returns

February 4, 2010

Fourth-quarter revenue fell 13.1% on a year-over-year basis at TrueBlue Inc. (NYSE: TBI), but it reported year-over-year growth in same-branch revenue returned in December. The Tacoma WA-based industrial staffing firm reported fourth-quarter revenue of $262.2 million compared with $301.6 million...


Spherion revenue down 10%

February 4, 2010

Spherion Corp. (NYSE: SFN) reported Wednesday that fourth-quarter revenue fell 10.2% to $455.6 million from $507.5 million in the same period in the previous year. Office/clerical revenue fell 4.9% in the fourth quarter on a year-over-year basis to $175.3 million. Spherion's light industrial sta...


Calian revenue up in staffing division

February 4, 2010

Calian Technologies Ltd. (TSX: CTY) announced revenue rose 4.9% to C$37.1 million (US$35.4 million) in its business and technology services division -- which provides staffing as well as long-term management of projects, facilities and customer business processes -- in the company's fiscal first...


Monster buying HotJobs from Yahoo

February 4, 2010

Monster Worldwide Inc. struck a deal to buy Yahoo HotJobs from Yahoo for $225.0 million in cash. The companies also announced a commercial traffic agreement in which Monster will serve as Yahoo's provider of career and job on content on its home page in the U.S. and Canada. The transaction is se...


Almost a third of nurses to leave jobs this year

February 3, 2010

Almost a third of nurses surveyed in January said they won't be working in their current jobs a year from now, according to a report from AMN Healthcare Services Inc. (NYSE: AHS). And half said they plan to get out of nursing entirely or cut their contribution to direct patient care by working f...


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...