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Contract Watch - Headway, CDI, Westaff

August 8, 2008

Headway Corporate Resources said it will provide more than 3,700 workers to national retailer Hickory Farms for the upcoming holiday season through its Adaptive RPO program. Headway's program uses its national recruitment center and the company will provide sourcing of workers, screening, hiring...


Economic index hits five-year low

August 8, 2008

The Economic Cycle Research Institute's weekly leading index measuring the U.S. economy hit a five-year low. The leading index level fell to 127.5 in the week ended Aug. 1, and its growth rate contracted 8.9%. The growth rate is derived from a four-week moving average of the level and compared ag...


RCM revenue slips 3.2%

August 7, 2008

Second-quarter revenue fell 3.2% at RCM Technologies Inc. (NASD: RCMT) to $55.0 million from $56.8 million in the same period last year. Gross margin at the Pennsauken NJ-based staffing firm, however, improved to 27.5% from 24.6%. The company said the gain in gross margin came, in part, because o...


Buy, allied boost Medical Staffing Network

August 7, 2008

Second-quarter revenue at Medical Staffing Network Holdings Inc. (NYSE: MRN) rose 52.2% to $143.0 million, compared with $94.0 million in the second quarter of last year. Chairman and CEO Robert Adamson said the company felt economic headwinds. But its allied health staffing division posted doubl...


Financials - TSR Inc.

August 7, 2008

TSR Inc. (NASD: TSRI) For the fourth quarter ended May 31, 2008, compared with the same period in the previous year. Revenue: $12.5 million, -2.9% Net income: $236,000, -29.6% For the full-year ended May 31, 2008, compared with the previous year. Revenue: $51.7 million, +4.1% Net income: $1.3 mil...


Ex-Spherion CEO takes Reliant post

August 7, 2008

Ray Marcy will serve as executive chairman at Reliant Healthcare Professionals Inc., which operates as FASTAFF Travel Nursing and U.S. Nursing Corp. Marcy was formerly CEO at Spherion Corp. (NYSE: SFN), and most recently served as executive chairman of Nursefinders Inc. Marcy joined Nursefinders...


Research from Staffing Industry Analysts

August 7, 2008

Here is the latest research from Staffing Industry Analysts. INSIGHT - The largest U.S. PEOs *25 largest PEOs ranked by 2007 net revenue *Median 2007 growth of top three PEOs is 20% *But size matters - smallest PEOs in dead stall For more, click here. BRIEFING - Analysis of Spherion 2Q08 earnings...


Comforce revenue up 2%

August 7, 2008

Comforce Corp. (AMEX: CFS) posted a 2.0% increase in second-quarter revenue to $152.8 million from $149.7 million in the year-ago quarter. The company said growth was primarily in its human capital management services segment, which includes its PRO Unlimited managed services provider business. P...


Pomeroy says technical staffing consistent

August 7, 2008

Pomeroy IT Solutions Inc. (NASD: PMRY) described its technical staffing business in the second quarter as consistent. The Hebron KY-based company said second-quarter technical staffing revenue rose 67.2% to $31.6 million from $18.9 million in the second quarter of last year. However, it said the...


PeopleScout says sequential revenue up

August 7, 2008

PeopleScout, a provider of recruitment process outsourcing, said its sequential growth in the second quarter was in the double digits. Although the firm did not release revenue figures, it also reported several new multi-million dollar clients. "We've seen a significant uptick over the last 60 da...