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Randstad revenue down 28%, U.S. decline steadies

April 24, 2009

Randstad Holding NV, one of the world's largest staffing firms, announced first-quarter revenue fell 28% year-over-year to euro3.06 billion (US$4.04 billion) on a pro forma basis. First-quarter revenue declined in all the company's geographic regions, but Randstad reported the rate of decline s...


New employee verification bill introduced

April 24, 2009

New legislation, "The New Employee Verification Act," aims to create a new electronic system for checking whether workers are legally eligible to work in the U.S. The bill is backed by the Society for Human Resource Management, and was introduced in the U.S. House of Representatives on Wednesday....


New employee verification bill introduced

April 24, 2009

New legislation, "The New Employee Verification Act," aims to create a new electronic system for checking whether workers are legally eligible to work in the U.S. The bill is backed by the Society for Human Resource Management, and was introduced in the U.S. House of Representatives on Wednesda...


Spring Group fee income down 12%

April 24, 2009

Spring Group PLC, a London-based staffing firm with operations in the U.S., announced today that net fee income was down 12% year-over-year in the first quarter citing a difficult economic environment.


Spring Group fee income down 12%

April 24, 2009

Spring Group PLC, a London-based staffing firm with operations in the U.S., announced today that net fee income was down 12% year-over-year in the first quarter citing a difficult economic environment.


IT workers' confidence hits new low

April 24, 2009

Information technology workers' confidence fell in the first quarter, according to the IT employee confidence index released by Technisource, a division of Spherion Corp. (NYSE: SFN). The gauge fell to a reading of 39.7 in the first quarter, the lowest reading since tracking began in the fourth...


Randstad revenue down 28%, U.S. decline steadies

April 24, 2009

Randstad Holding NV, one of the world's largest staffing firms, announced first-quarter revenue fell 28% year-over-year to euro3.06 billion (US$4.04 billion) on a pro forma basis. First-quarter revenue declined in all the company's geographic regions, but Randstad reported the rate of decline sta...


IT workers' confidence hits new low

April 24, 2009

Information technology workers' confidence fell in the first quarter, according to the IT employee confidence index released by Technisource, a division of Spherion Corp. (NYSE: SFN). The gauge fell to a reading of 39.7 in the first quarter, the lowest reading since tracking began in the fourth q...


TrueBlue revenue down 30.7%, scaling back

April 23, 2009

TrueBlue Inc. (NYSE: TBI) reported Wednesday that first-quarter revenue fell 30.7% year-over-year, and the Tacoma WA-based industrial staffing firm said it's scaling back costs to match demand. TrueBlue reported it closed 40 branches in the first quarter, leaving it with 810. The company also r...


Jobless claims rise 4%

April 23, 2009

The number of U.S. initial claims for unemployment benefits rose 4.4% to 640,000 in the week ended April 18 from the previous week's revised number of 613,000, the U.S. Department of Labor reported today. The four-week moving average of claims fell 0.7% to 646,750 from the previous week's unrev...