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Kelly names COO

November 18, 2008

Kelly Services Inc. (NASD: KELYA) promoted George Corona to executive VP and chief operating officer effective Jan. 1. Corona will have responsibility for all of Kelly's regions and operating units. He will also oversee global sales, account management, service and marketing. Corona joined Kelly...


TriNet says revenue up 21%

November 17, 2008

TriNet, a San Leandro CA-based professional employer organization, said third-quarter net revenue rose 21% compared with the same period in 2007. The company also reported it remains on track for net revenue of $100 million for the full-year 2008. TriNet reported it added 133 new customers in the...


Survey of forecasters says recession

November 17, 2008

Economists unanimously reported the U.S. has either entered a recession or soon will, according to the Survey of Professional Forecasters released today by the Federal Reserve Bank of Philadelphia. The consensus was that the recession began in April 2008 and will last 14 months. Economists projec...


Research from Staffing Industry Analysts

November 17, 2008

Here is the latest research from Staffing Industry Analysts. INSIGHT - Healthcare staffing growth update *Spotty demand for nurse staffing, Florida weakest*-3.0% GDP growth projected for Q4, will test healthcare cyclicality*Sub-segment reports to be released over next few weeks For the full Insig...


ClearPoint revenue falls after restructuring

November 17, 2008

ClearPoint Business Resources Inc. (OTCBB: CPBR.OB) reported a 93.9% decline in third-quarter revenue to $3.2 million from $52.4 million in the same period last year, according to a filing with the U.S. Securities and Exchange Commission. The decrease came after the company shifted its business m...


Global Employment revenue slips, margin up

November 14, 2008

Global Employment Holdings Inc. (OTCBB: GEYH.OB) posted an 11.3% decrease in third-quarter revenue to $41.6 million from $46.9 million in the same period last year, according to a 10-Q filing with the U.S. Securities and Exchange Commission. Still, third-quarter gross margin rose to 26.7% from 25...


Staffing firm fined in death of worker

November 14, 2008

A Canadian court fined a staffing firm C$40,000 (US$34,608) and an automotive stamping company C$120,000 (US$103,824) on Nov. 6 in a case involving the death of a worker, the Ontario Ministry of Labour reported. Toronto Personnel Inc., doing business as Winters Technical Staffing, and Cam Tool an...


Awards

November 14, 2008

The Bartech Group, a Livonia MI-based staffing firm, received the Class IV National Minority Supplier of the Year award from the National Minority Supplier Development council. The award is the highest honor given to U.S.-based minority-owned companies. Manpower Inc. (NYSE: MAN) was slated to rin...


Medical Connections' revenue and loss increase

November 14, 2008

Medical Connections Holdings Inc. (OTCBB: MCTH.OB), a Boca Raton FL-based healthcare staffing firm, reported a 57.7% increase in third-quarter revenue to $1.9 million. However, the company said its net loss rose to $2.0 million in the third quarter from $1.8 million in the same period last year....


Jobless claims highest since September 2001

November 13, 2008

Jobless claims rose to their highest level since September 2001, and the four-week moving average of jobless claims also increased. The four-week moving average of seasonally adjusted initial jobless claims rose 2.8% to 491,000 in the week ended Nov. 8 from the previous week's revised average of...