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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...


Job openings fall year over year

November 13, 2008

The number of U.S. job openings dropped by approximately 826,000 year over year in September to 3.25 million, the U.S. Bureau of Labor Statistics reported today. There were 4.08 million job openings in September 2007. The job openings rate was 2.3% in September compared with 2.9% in September 200...


RCM Technologies revenue falls 4.6%

November 13, 2008

Third-quarter revenue slipped 4.6% at RCM Technologies Inc. (NASD: RCMT) to $51.6 million from $54.1 million in the same period last year. "The financial results for the third quarter fell short of expectations and were impacted by the softness and uncertainty of the global economy, a temporary s...


ResCare buys special needs staffing firm

November 12, 2008

ResCare Inc. (NASD: RSCR), a provider of in-home care to the elderly and those with disabilities, announced it acquired Care Resources, a Baltimore-based staffing firm with $13 million in annual revenue. Care Resources provides special education teachers and aides, therapists, psychologists, soci...


Medicare changes could boost nurses' status

November 12, 2008

Medicare changes will make hospital revenue more dependent on nurses than in the past, according to a survey of 305 hospital chief nursing officers by AMN Healthcare Services Inc. (NYSE: AHS). Sixty-two percent of chief nursing officers said an ongoing Medicare effort to tie hospital reimbursemen...