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SThree revenue rises 20.8%

February 4, 2009

SThree PLC, a London-based staffing firm, said revenue rose 20.8% to GBP631.5 million (US$971.1 million) in its fiscal year ended Nov. 30. The company said permanent placements rose by 7.0% to 10,236, and the number of active contractors rose by 1.5% to 5,745. In addition, the company opened five...


SThree revenue rises 20.8%

February 4, 2009

SThree PLC, a London-based staffing firm, said revenue rose 20.8% to GBP631.5 million (US$971.1 million) in its fiscal year ended Nov. 30. The company said permanent placements rose by 7.0% to 10,236, and the number of active contractors rose by 1.5% to 5,745. In addition, the company opened fi...


Synergie says revenue up 1%

February 4, 2009

Synergie SA, a Paris-based staffing firm with operations in Europe and Canada, said revenue rose 1% to euro1.2 billion (US$1.69 billion) in 2008. The increase was 2.5% in constant currency. Synergie said its outplacement division's revenue rose 39.5% in 2008. It also acquired Dutch staffing firm...


Radia Holdings CEO steps down

February 4, 2009

Radia Holdings Inc., a Tokyo-based firm that provides staffing and other services, said its representative director and CEO Takeo Isaji has resigned for personal reasons. Charles Abadie, representative director and chairman, will take on the CEO role as well. Abadie is the former president and...


ADP report - U.S. loses 522,000 jobs

February 4, 2009

The U.S. lost 522,000 private-sector nonfarm jobs from December to January on a seasonally adjusted basis, according to the national employment report released today by Automatic Data Processing Inc. (NYSE: ADP). It also revised upward the number of jobs lost between November and December by 34...


Westaff expects full-year decrease of 26.2%

February 4, 2009

Westaff Inc. (NASD: WSTF) expects to post revenue of $324.5 million for fiscal year 2008, a decrease of approximately 26.2% from fiscal year 2007, according to a filing with the U.S. Securities and Exchange Commission. It also said it expects to post a net loss of approximately $46.3 million fo...


Westaff expects full-year decrease of 26.2%

February 4, 2009

Westaff Inc. (NASD: WSTF) expects to post revenue of $324.5 million for fiscal year 2008, a decrease of approximately 26.2% from fiscal year 2007, according to a filing with the U.S. Securities and Exchange Commission. It also said it expects to post a net loss of approximately $46.3 million for...


Workway buys healthcare staffing firm

February 4, 2009

Workway, a Burbank CA-based staffing firm, said it acquired Outsource Medical Inc., of El Segundo CA, effective Tuesday. Outsource Medical provides travel and per diem nursing and allied healthcare staffing; its clients include several Southern California hospitals. Terms of the deal were not ann...


Oklahoma City posts lowest jobless rate

February 4, 2009

Oklahoma City OK reported the lowest jobless rate, 4.6%, among large metropolitan areas with populations of 1 million or more, the U.S. Bureau of Labor Statistics reported today. It was followed by the Washington DC area at 4.7%. The Detroit area posted the highest jobless rate in December at 1...


Service sector's contraction slows in January

February 4, 2009

Economic activity in the U.S. service sector contracted in January, but at a slower rate than in December, according to the Institute for Supply Management's nonmanufacturing index released today. The index rose to 42.9 in January from 40.1 in December. Index readings above 50 indicate expansio...