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Research from Staffing Industry Analysts

February 23, 2009

Here is the latest research from Staffing Industry Analysts. BRIEFING - Analysis of Comsys IT Partners 4Q08 earnings release *Pro-forma 4Q08 revenue down 8% year-over-year*Billable hours in January down 12% year-over-year*Areas of relative strength: healthcare, testing


Pomeroy gets third bid from founder

February 23, 2009

Pomeroy IT Solutions Inc. (NASD: PMRY) said Friday its founder and largest shareholder, David Pomeroy, made a third bid to acquire the firm. The bid offers $4.50 for all shares not already owned by Pomeroy. The company said it formed a special board committee to review the proposal. "I firmly bel...


ASA says staffing employment slipped 19.5%

February 23, 2009

The number of U.S. temporary workers plunged 19.5% in the fourth quarter of 2008 from the year-ago period, according to the American Staffing Association's quarterly staffing employment survey. The decline exceeded the 18.4% year-over-year decrease measured in the third quarter of 2001. Staffin...


Staffing strategies, trends survey opens

February 23, 2009

Staffing Industry Analysts is currently surveying staffing firm executives to learn their opinions on staffing strategies, trends and practices. The results will help our readers better understand key industry issues and trends. Participants will be entered into random drawings for prizes (total...


Office openings - Veredus, The Judge Group

February 20, 2009

Veredus Corp., a Tampa FL-based information technology staffing firm, and The Judge Group, a Philadelphia-based staffing firm, announced new office openings. Veredus will open its fourth national office in Raleigh NC on March 2. The opening is part of plans to eventually expand to 10 more markets...


More sensationalistic headlines on economy

February 20, 2009

The Federal Reserve's gross domestic product projections caught the media's eye on Feb. 18, but do the numbers justify the hyped headlines? Staffing Industry Analysts Senior Research Analyst Tony Gregoire offers his analysis in The Contingent Blog. For the blog, click here.


On Assignment revenue falls 2.9%

February 20, 2009

Fourth-quarter revenue at On Assignment Inc. (NASD: ASGN) fell 2.9% year-over-year to $147.6 million. However, gross margin and physician staffing revenue rose. Fourth-quarter gross margin increased to 32.9% from 31.8% a year ago. In addition, On Assignment's fourth-quarter physician staffing r...


Proffice revenue rises 12.5%

February 20, 2009

Stockholm, Sweden-based staffing firm Proffice AB said full-year 2008 revenue rose 12.5% to 4.27 billion Swedish kroner (US$550.0 million). Full-year profit fell 27.6% to 71 million Swedish kroner (US$9.2 million). The company said revenue rose by 20% in Sweden and 9.6% in Norway. However, reve...


Office openings - Veredus, The Judge Group

February 20, 2009

Veredus Corp., a Tampa FL-based information technology staffing firm, and The Judge Group, a Philadelphia-based staffing firm, announced new office openings. Veredus will open its fourth national office in Raleigh NC on March 2. The opening is part of plans to eventually expand to 10 more marke...


Radia revenue falls 43.5%

February 20, 2009

Radia Holdings Inc., a Tokyo-based company that provides staffing and other services, announced Feb. 13 that revenue fell 43.5% to 188.42 billion yen (US$2.09 billion) year-over-year Dec. 31, the end of the first six months of its fiscal year. Radia got out of the day labor business on July 31 af...