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Barrett's top line up 13%

July 30, 2008

Second-quarter revenue rose 13.0% at Barrett Business Services Inc. (NASD: BBSI) to $72.2 million. Staffing services revenue at the Vancouver WA-based company increased 36.5% to $40.6 million. However, Barrett's professional employer organization net revenue fell 7.5% to $31.6 million. Gross marg...


CDI buys engineering services firm

July 30, 2008

CDI Corp. (NYSE: CDI) acquired TK Engineering Associates, a 300-person engineering services firm based in Cincinnati. Terms of the deal were not announced. TK Engineering specializes in engineering services for gas turbine engines for use in aviation and power generation as well as turbines for u...


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...