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Index: Economy unlikely to dip again this year

May 7, 2010

There is little risk of another economic dip this year, according to the Economic Cycle Research Institute, which produces a weekly leading index of the U.S. economy.

"With the forward-looking [weekly leading index] rising to its best reading since January 2008, there is little risk of renewed recession...

Last chance for opportunity lists, annual rankings!

May 7, 2010

Our annual staffing firm list gathering process will close at 10:30 a.m. Pacific time on Monday, May 10. Almost every staffing firm qualifies for at least one of these lists, which are commonly used by buyers to shop for specific types of staffing services as well as by investors seeking potential acquisitions....

Cross Country first-quarter revenue falls 31%

May 6, 2010

Cross Country Healthcare Inc. (NASD: CCRN) reported first-quarter revenue fell 30.8% to $121.4 million from the year-ago quarter, but gross margin improved.

The Boca Raton FL-based healthcare staffing firm said the economic environment continued to cut demand for travel nurse and allied health staffing....

VMS opens escrow account to calm vendors

May 6, 2010

Medical Staffing Network Holdings Inc. (OTCBB: MNSW.PK), which earlier this year warned it may face bankruptcy, set up an escrow account to handle VMS payments, according to a filing with the U.S. Securities and Exchange Commission.

The Boca Raton FL-based healthcare staffing firm and vendor management...

Analysts International revenue falls 37%

May 6, 2010

Analysts International Corp. (NASD: ANLY) reported first-quarter revenue fell 37.0% to $28.5 million from $45.1 million in the first quarter of last year. Gross margin improved to 21.1% from 20.1% in the year-ago quarter.

The Minneapolis-based information technology services and staffing firm reported...

Adecco revenue up 7%, North America rises

May 6, 2010

Adecco SA, the world's largest staffing firm, reported first-quarter revenue rose 7% from the year-ago quarter to euro3.96 billion (US$5.33 billion) with growth returning in North America and France -- its two largest markets. However, the company said revenue fell 1% on an organic basis excluding the...

Calian Technologies revenue falls 11%

May 6, 2010

Calian Technologies Ltd. (TSX: CTY) reported revenue fell 11.3% on a year-over-year basis to C$53.1 million (US$52.1 million) in its fiscal second-quarter ended March 31.

Calian, based in Ottawa, provides information technology, healthcare and technical staffing and solutions.

Its business and technology...

Jobless claims fall by 7,000

May 6, 2010

The number of U.S. initial claims for unemployment insurance for the week ended May 1 fell by 7,000, or 1.6%, to 444,000 from the previous week's revised figure, the U.S. Department of Labor reported today.

Last week's number was revised up to 451,000 from 448,000.

The four-week moving average of claims...

Comforce revenue up 4%, PrO up 19%

May 6, 2010

Comforce Corp. (AMEX: CFS) reported first-quarter revenue rose 4.2% on a year-over-year basis, and revenue in its PrO Unlimited division rose 19.1%.

The Woodbury NY-based firm said first-quarter revenue rose to $143.8 million from $138.0 million in the same period last year.

Comforce reported its PrO...

Monster index's jump highest since July 2007

May 6, 2010

The Monster Worldwide Inc. employment index of online job demand in April posted its biggest increase since July 2007.

The index rose eight points in April from March to a reading of 133. The reading is 13 points above its year-ago level.

"The positive momentum in the index is consistent with other...