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Washington area posts lowest jobless rate

July 30, 2008

The Washington DC metropolitan area registered the lowest jobless rate in June, 3.9%, among U.S. metropolitan areas with populations of 1 million or more, the U.S. Bureau of Labor Statistics reported today. Detroit posted the highest jobless rate among large metropolitan areas in June at 9.7%. Si...


Volt sells telephone directory business

July 30, 2008

Volt Information Sciences Inc. (NYSE: VOL) struck a deal to sell its telephone directory publishing business to the Yellow Page Group for $178 million in cash. The sale is set to close in September. Included are the Volt Directory Systems and Services, which provides telephone directory database...


Kforce revenue up, divisions sold

July 30, 2008

Kforce Inc. (NASD: KFRC) reported a 4.8% increase in second-quarter revenue to $255.1 million, and said it completed the sales of its scientific and per diem nurse staffing divisions during the quarter. The Tampa FL-based staffing firm sold its scientific staffing division to Aerotek Inc., part o...


Buys boost Spherion in tough quarter

July 29, 2008

Spherion Corp.'s (NYSE: SFN) acquisitions last year of Technisource and Todays Staffing Inc. helped push forward second-quarter revenue. The Fort Lauderdale FL-based staffing company said second-quarter revenue rose 17.7% year-over-year to $563.0 million. However, it fell 5.2% excluding acquisiti...


Gevity revenue falls 13.9%

July 29, 2008

Second-quarter revenue fell 13.9% at Gevity HR Inc. (NASD: GVHR) to $128.7 million from $149.5 million in the same period last year. Gross margin at the Bradenton FL-based professional employer organization slipped to 29.5% from 31.2%. Net income fell 96.0% to $188,000 in the second quarter from...


Healthcare staffing - a diamond in the rough?

July 29, 2008

Despite a slower economy, at least one measure shows that healthcare staffing remains healthy. Staffing Industry Analysts Executive VP and Chief Analyst Barry Asin writes on healthcare staffing and the Healthcare Staffing Summit in The Contingent Blog. For more, click here.


General Employment hit by slow economy

July 29, 2008

General Employment Enterprises Inc. (AMEX: JOB) reported a 25.5% year-over-year decrease in revenue to $3.6 million in its fiscal third quarter ended June 30. "The depressed economy had a significant impact on our revenues and operating results this quarter," said Chairman and CEO Herbert Imhoff...


Analysts International revenue slips

July 29, 2008

Second-quarter revenue fell 8.1% to $82.0 million at Analysts International Corp. (NASD: ANLY). The Minneapolis-based information technology staffing and services company said the decrease came amid lower headcount in its staffing business and a decline in product sales as it moves to providing h...


Consumer confidence holds steady

July 29, 2008

The Conference Board Consumer Confidence Index held steady in July. The index now stands at 51.9 (1985=100), up slightly from 51.0 in June. "Looking ahead, while consumers remain extremely grim about short-term prospects, the modest improvement in expectations, often a harbinger of economic times...


People

July 28, 2008

WillStaff Worldwide named Ron Villareal as senior VP of operations. Villareal has more than 17 years of experience. WillStaff is a Monroe LA-based staffing company with more than 90 offices across the U.S. Heidrick & Struggles International Inc. (NASD: HSII) named Todd Monti as head of its privat...