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Blog: What is the U.S. Census Bureau smoking?

December 29, 2009

The U.S. Census Bureau reports third-quarter revenue in the U.S. employment services industry fell just 7% on a year-over-year basis. However, that number seems awfully low. Jon Osborne, director of research and analysis at Staffing Industry Analysts, writes about this in The Contingent Blog. Fo...


Accountabilities revenue falls 10%

December 29, 2009

Accountabilities Inc. (OTCBB: ACBT.OB), a New York-based staffing firm, reported revenue fell 9.7% to $57.0 million in its fiscal year ending Sept. 30, 2009, according to a filing with the U.S. Securities and Exchange Commission. The company cited the overall economic decline as the main reason...


Accountabilities revenue falls 10%

December 29, 2009

Accountabilities Inc. (OTCBB: ACBT.OB), a New York-based staffing firm, reported revenue fell 9.7% to $57.0 million in its fiscal year ending Sept. 30, 2009, according to a filing with the U.S. Securities and Exchange Commission. The company cited the overall economic decline as the main reason...


TeamStaff selling healthcare division

December 29, 2009

TeamStaff Inc. (NASD: TSTF) is selling its TeamStaff Rx travel nurse and allied healthcare staffing division to Advantage RN LLC. The all-cash deal is expected to close around Jan. 4, according to TeamStaff. The effective transfer date for the employees was Dec. 28. Other terms were not released...


TeamStaff selling healthcare division

December 29, 2009

TeamStaff Inc. (NASD: TSTF) is selling its TeamStaff Rx travel nurse and allied healthcare staffing division to Advantage RN LLC. The all-cash deal is expected to close around Jan. 4, according to TeamStaff. The effective transfer date for the employees was Dec. 28. Other terms were not released...


Blog: What is the U.S. Census Bureau smoking?

December 29, 2009

The U.S. Census Bureau reports third-quarter revenue in the U.S. employment services industry fell just 7% on a year-over-year basis. However, that number seems awfully low. Jon Osborne, director of research and analysis at Staffing Industry Analysts, writes about this in The Contingent Blog. Fo...


Consumer confidence rises in December

December 29, 2009

The Conference Board's consumer confidence index rose to a reading of 52.9 in December (1985=100) from 50.6 in November. "Consumer confidence posted yet another moderate gain in December as expectations for the short-term future increased to the highest level in two years," Lynn Franco, director...


Consumer confidence rises in December

December 29, 2009

The Conference Board's consumer confidence index rose to a reading of 52.9 in December (1985=100) from 50.6 in November. "Consumer confidence posted yet another moderate gain in December as expectations for the short-term future increased to the highest level in two years," Lynn Franco, director...


Ex-staffing execs agree to settle SEC suit

December 28, 2009

Former executives from defunct healthcare staffing firm World Health Alternatives have agreed to settle a lawsuit by the U.S. Securities and Exchange Commission, the agency announced on Wednesday. World Health Alternatives was based in Pittsburgh. It filed for bankruptcy in early 2006 and sold i...


Jobless claims fall 5.8%

December 28, 2009

The number of U.S. initial claims for unemployment insurance for the week ended Dec. 19 fell by 28,000, or 5.8%, to 452,000 from the previous week's number of 480,000, the U.S. Department of Labor reported Thursday. The four-week moving average of claims for the week ended Dec. 19 fell by 2,750,...