Daily News

Daily News-Staffing Industry Analysts RSS Feed Get the RSS Feed

Hudson revenue edges up

July 31, 2008

The Hudson Highland Group Inc. (NASD: HHGP) posted a 3.0% increase in second-quarter revenue to $305.9 million from $297.0 million in the same period last year. "Second quarter operating results were led by our international operations and continuing improvement in North America," said Chairman a...


ADP's PEO revenue rises 16.5%

July 31, 2008

Professional employer organization revenue at Automatic Data Processing Inc. (NYSE: ADP) rose 16.5% in the fourth quarter ended June 30 to $272.2 million. The average number of worksite employees paid by its PEO division rose 17% in the fourth quarter to 187,000, the company reported. PEO revenue...


CDI revenue roughly flat

July 31, 2008

CDI Corp. (NYSE: CDI) posted a 2.2% decline in second-quarter revenue to $289.2 million from $295.7 million in the same period last year. The company said revenue was relatively flat when accounting for $300,000 in real estate exit costs in the second quarter and a $400,000 reduction in income ta...


Comsys revenue dips

July 31, 2008

Second-quarter revenue fell 1.4% at Comsys IT Partners (NASD: CITP) to $184.1 million from $186.6 million in the same period last year. However, the Houston-based information technology staffing firm said revenue fell 3.6% excluding acquisitions. Gross margin narrowed to 24.4% from 25.1%. Second-...


Research from Staffing Industry Analysts

July 31, 2008

Here is the latest research from Staffing Industry Analysts. INSIGHT - Survey of staffing firms: What's good for staffing? What's bad?*Most positive factor: the Internet *Most negative factors: VMS, offshoring, procurement, workers' comp *Wide variation of opinion by segment, industry, firm size...


GDP grows 1.9%, jobless claims rise

July 31, 2008

Real gross domestic product grew by 1.9% in the second quarter of this year, the U.S. Department of Commerce reported today. Meanwhile the U.S. Department of Labor said jobless claims rose in the past week. The Department of Commerce also revised past GDP numbers, and said the fourth quarter of 2...


MPS revenue rises 10%

July 30, 2008

Second-quarter revenue rose 10% at MPS Group Inc. (NYSE: MPS) to $589.5 million from $535.2 million in the same period last year. Excluding the impact of acquisitions and foreign currency exchange rates, revenue increased 5%. "Despite the general negativity of the current economic environment, we...


Staffing index slips four points

July 30, 2008

The American Staffing Association's (ASA) index measuring temporary employment fell four points in July to 95. The ASA said staffing firms reported strong demand for higher skilled workers, but some staffing sectors have seen decreased demand. As a result, the index has been relatively flat since...


ADP job numbers edge up

July 30, 2008

The U.S. gained 9,000 private-sector nonfarm jobs in July, on a seasonally adjusted basis, according to the national employment report released today by Automatic Data Processing Inc. (NYSE: ADP). In addition, the report revised down its count of jobs lost in June to 77,000 from the original coun...


Your secret recruiting advantage

July 30, 2008

A full 40% of temporary office/clerical workers ultimately convert to full-time status, according to the latest research from Staffing Industry Analysts. Senior Research Analyst Noël Calvi discusses temp-to-hire in The Contingent Blog. For more, click here.