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Decton acquires Rainmaker Staffing

February 19, 2010

Decton Inc., a California staffing firm, announced it acquired Rainmaker Staffing Inc. with the acquisition closing on Feb. 8.

Rainmaker has offices in Santa Ana CA and Irvine CA, and provides office/clerical and light industrial staffing. It will keep the Rainmaker brand and operate as Rainmaker, a...

Annual staffing firm survey opens

February 19, 2010

The annual survey of staffing firms by Staffing Industry Analysts is now open. The survey aims to deliver a better understanding of staffing strategies, trends and practices. The survey closes at 10 a.m. Pacific time on Feb. 25. To go to the survey, please click here.

Staffmark announces new president

February 19, 2010

Staffmark, a Cincinnati-based staffing firm, named Lesa Francis as president.

Francis joined Staffmark in 2006 as chief operating officer, and will hold that title as well as president.

Francis served as senior VP of business development and operations at Spherion Corp. (NYSE:SFN). She has more than...

On Assignment revenue slips 32%

February 19, 2010

On Assignment Inc. (NASD: ASGN) said fourth-quarter revenue fell 32.3% on a year-over-year basis, but gross margin improved.

The Calabasas CA-based staffing firm reported fourth-quarter revenue of $99.9 million, down from $147.6 million in the fourth quarter of 2008.

Fourth-quarter gross margin, however,...

Research from Staffing Industry Analysts

February 18, 2010

The Daily News represents a small portion of the information and research Staffing Industry Analysts provides. The latest research for corporate members includes a webinar on staffing industry trends and an update on U.S. economic indicators.

WEBINAR - Staffing Industry Report - February 2010

Jobless claims jump by 7%

February 18, 2010

The number of U.S. initial claims for unemployment insurance for the week ended Feb. 13 rose by 31,000, or 7.0%, to 473,000 from the previous week's revised number of 442,000. The Associated Press reported economists had expected claims to fall.

The four-week moving average of claims for the week ended...

Blog: What's next for healthcare reform?

February 18, 2010

Healthcare reform legislation stalled after Democrats lost their supermajority in the Senate, but the concept remains. Craig Johnson, senior editor of Staffing Industry Report, writes about this in The Contingent Blog. For the full blog, click here.

U.S. leading index rises 0.3%

February 18, 2010

The Conference Board's U.S. leading economic index released today rose 0.3% in January from December's reading. It now stands at 107.4 (2004=100).

"The cumulative change in the U.S. [leading economic index] over the past six months has been a strong 9.8 percent, annualized," said Ken Goldstein, economist...

Comsys revenue down 2%

February 18, 2010

Comsys IT Partners Inc. (NASD: CITP), now being acquired by Manpower Inc. (NYSE: MAN), said Wednesday fourth-quarter revenue fell 2.0% on a year-over-year basis to $172.5 million.

The Houston-based information technology staffing firm had given fourth-quarter revenue guidance of between $170 million...

Latest Staffing Industry Report available

February 18, 2010

The February issue of the Staffing Industry Report is now available.

Staffing Industry Report, Feb. 2010, Vol. XXI, No. 2 Full PDF
*Temps save buyers median 9% of expense
*Fourth quarter includes 15 staffing acquisitions
*U.S. temp help revenue could rise to $163.9 billion in 2018
*Buyers doubt independent...