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Canadian staffing revenue up 1% in 2008

March 31, 2010

Operating revenue in for the employment services industry in Canada rose by 1.0% in 2008 to C$9.2 billion, according to information released today by Statistics Canada.

The year-over-year increase is smaller than the 10.9% growth in 2007, 11.0% growth in 2006 and 18.1% growth in 2005.

Ontario generated...

Medical Connections revenue falls 13%

March 31, 2010

Medical Connection Holdings Inc. (OTCBB: MCTH.OB), a Boca Raton FL-based healthcare staffing firm, reported full-year 2009 revenue fell 13.2% to $6.1 million from $7.1 million in 2008.

Gross margin fell to 27.2% from 39.7%.

Medical Connections' net loss increased to $7.7 million in 2009 from $7.5 million...

People: Stafflogix, Arcus, EmploymentGroup

March 30, 2010

Stafflogix, a Naperville IL-based staffing firm, appointed Amy Teague as director of national accounts and Eric Licht as director of program operations. Teague has more than 10 years' experience in the staffing industry. Licht has more than 12 years' experience. Both will report to Kathy Greco, chief...

Blog: What I learned at Executive Forum

March 30, 2010

Praise effort and reward success -- that was just one of the lessons from the Staffing Industry Executive Forum. Hinda Chalew, senior VP of marketing and interactive services at Staffing Industry Analysts, writes more on the forum in The Contingent Blog. For the full blog, click here.

Wanted forecasts rise in U.S. job losses

March 30, 2010

The U.S. lost 52,000 nonfarm jobs in March, according to an estimate released today by Wanted Technologies. In comparison, 36,000 jobs were lost in February, according to the U.S. Bureau of Labor Statistics.

Wanted said it projects a greater decrease in jobs for March because of rising unemployment...

TechTeam revenue falls 22%

March 30, 2010

TechTeam Global Inc. (NASD: TEAM), a Southfield MI-based firm that provides information technology solutions as well as some staffing, reported that fourth-quarter revenue fell 21.7% to $48.5 million from $61.9 million in the fourth quarter of the previous year.

Fourth-quarter gross margin narrowed...

InVentiv may be acquired

March 29, 2010

InVentiv Health Inc. (NASD: VTIV), a clinical services and staffing firm, announced Friday the investors have come forward with an interest in buying the company. InVentiv's board formed a special committee to consider a possible sale, and hired Goldman, Sachs & Co. as a financial advisor.

The company...

Survey: 62% of firms hiring full-time workers

March 29, 2010

Sixty-two percent of human resources professionals from eight selected industries said they are hiring full-time staff, according to a survey by the Society for Human Resource Management.

Healthcare topped the list of industries surveyed with 84% of healthcare human resources professionals saying their...

Commercial staffing to grow 11%

March 29, 2010

Revenue in the commercial staffing segment is forecast to grow 11% in 2010. New research available to Staffing Industry Analysts corporate members takes a close look at that growth.

INSIGHT - Commercial staffing growth update
*Industrial is the star of 2010, but what about 2020?
*Margins under pressure,...

Temp staffing shows improvement

March 29, 2010

Temporary staffing showed widespread improvement in February as did temp-to-hire and direct hire, according to the Staffing Industry Monthly Pulse Survey conducted by Staffing Industry Analysts.

Retained search posted mild improvement. The professional employer organization segment was flat; and outplacement...