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November 4, 2008

In a Daily News item on Oct. 29, the growth rate for Kforce Inc.'s (NASD: KFRC) government solutions business was stated incorrectly. The company's government solutions business was up 17% on a year-over-year basis.

PEO revenue at ADP rises 18.4%

November 4, 2008

Professional employer organization revenue at Automatic Data Processing Inc. (NYSE: ADP) rose 18.4% to $277.1 million in its fiscal first quarter ended Sept. 30. The Roseland NJ-based company said the average number of worksite employees rose by 15.5% to approximately 190,000 compared with the sa...

Crain acquires Staffing Industry Analysts

November 4, 2008

Staffing Industry Analysts Inc. was acquired Monday by Crain Communications Inc., one of the largest privately held publishers in the U.S., with operations in North America, Europe and Asia. "We're excited because this gives us more resources to draw on to serve our clients, and because we're joi...

Number of online job ads unchanged

November 4, 2008

The number of U.S. jobs posted online in October was essentially unchanged, up by just 20,800, or 0.4%, from September to more than 4.4 million, according to seasonally adjusted numbers from The Conference Board's measure of online help-wanted ads. The number of new ads, those listed for the firs...

Adecco revenue slips, sees difficult environment

November 4, 2008

Adecco SA, the world's largest staffing firm, reported today third-quarter revenue fell 6% to euro5.10 billion (US$7.37 billion). And the company sees more challenging times ahead. "We anticipate a progressively more difficult environment in terms of revenue development," CEO Dieter Scheiff said....

Select eyes Westaff buy

November 3, 2008

Koosharem Corp., which does business as the Select Family of Companies, expressed interest in purchasing Walnut Creek CA-based Westaff Inc. (NASD: WSTF), according to a filing with the U.S. Securities and Exchange Commission. Koosharem made three previous offers to buy Westaff, according to the f...

U.S. manufacturing at lowest level since 1982

November 3, 2008

Economic activity in the U.S. manufacturing sector in October slid to its lowest level since September 1982, the Institute for Supply Management (ISM) reported. The ISM's key purchasing managers' index for manufacturing, released today, had a reading of 38.9 in October, down from 43.5 in Septembe...

Administaff revenue rises 10.1%

November 3, 2008

Administaff Inc. (NYSE: ASF) reported a 10.1% increase in third-quarter revenue to $421.9 million from $383.4 million in the same period last year. The Houston-based professional employer organization posted a 6.1% increase in the average number of worksite employees paid per month and a 3.7% inc...

Cross Country revenue falls

November 3, 2008

Cross Country Healthcare Inc. (NASD: CCRN) reported a 4% decline in third-quarter revenue to $178.1 million compared with the same period a year ago. The Boca Raton FL-based healthcare staffing firm said nurse and allied healthcare staffing revenue fell as did clinical trials services revenue. On...

Medical Staffing Network is restructuring

October 31, 2008

Medical Staffing Network Holdings Inc. (NYSE: MRN) announced Thursday that it is realigning its per diem branch network. The company will increasingly focus on expanding its local contract business, which now amounts to 25% of its per diem division's revenue. In addition, with six new vendor man...