Daily News
Jobless claims average falls to 44-year low
November 2, 2017The US four-week moving average of initial claims for unemployment insurance fell to 232,500 last week, down 7,250 from the previous week’s revised average, according to seasonally adjusted numbers released today by the US Department of Labor. This is the lowest level for this average since April 7,...
RCM Technologies Q3 revenue up 10%, gross margin rises
November 2, 2017Third-quarter revenue rose 10.4% at RCM Technologies Inc. (NASD GM: RCMT), a Pennsauken, NJ-based staffing provider. Gross margin improved.
(US$ thousands) | Q3 2017 | Q3 2016 | % growth |
Revenue | $43,827 | $39,695 | 10.4% |
Gross profit | $11,718 | $10,144 | 15.5% |
Gross... |
Hudson Q3 revenue rises 6.5% in constant currency
November 2, 2017Hudson Global Inc. (NASD: HSON) reported third-quarter revenue rose 6.5% in constant currency — the increase was 9.2% on a reported basis. Net loss was $848,000 compared to a net loss of almost $1.9 million in the year-ago quarter at the New York-based staffing, consulting and recruitment process outsourcing...
ADP reports PEO revenue up 14% in quarter
November 2, 2017PEO revenue rose 14% at ADP (NASD: ADP) in the company’s 2018 fiscal first quarter ended Sept. 30. The Roseland, NJ-based firm provides other services, including paycheck processing. Total revenue rose 6% to $3.08 billion in the first quarter.
(US$ millions) | Q1 2018 | Q1 2017 | % change ... |
Upwork ranks robotics, blockchain and bitcoin as fastest-growing skills
November 2, 2017Robotics topped online staffing provider Upwork’s third-quarter list of 20 fastest-growing skills for freelancers. It was followed by blockchain and bitcoin skills in the No. 2 and No. 3 slots.
It was the first time robotics ranked as the fastest-growing skill, and it was the first time blockchain and...
Temp revenue growth decelerates to median 3% in September, Pulse finds
November 1, 2017US temporary staffing revenue rose a median 3% year over year in September — a deceleration from 6% in August — among staffing firms taking part in Staffing Industry Analysts’ monthly Pulse survey.
“Median year-over-year revenue growth rates were slower in office/clerical and industrial staffing...
PEO Insperity reports Q3 revenue up 13%
November 1, 2017Third-quarter revenue rose 13.2% at professional employer organization Insperity Inc. (NYSE: NSP) amid a 10.5% increase in the average number of worksite employees paid per month, the Houston-based company reported.
(US$ thousands) | Q3 2017 | Q3 2016 | % change |
Revenue | $795,513 | $702,538 ... |
Mastech Digital revenue rises 15% in Q3; adds data and analytics services revenue
November 1, 2017IT staffing provider Mastech Digital Inc. (NYSE MKT: MHH) reported revenue rose 14.5% in the third quarter to $39.2 million.
(US$ thousands) | Q3 2017 | Q3 2016 | % change |
Revenue | $39,228 | $34,263 | 14.5% |
Gross profit | $8,818 | $6,897 | 27.9% |
Gross margin | ... |
Online job ads rise in October, but measure still under review
November 1, 2017US online job ads rose by 81,500 in October to more than 4.56 million, according to The Conference Board’s report on online job ads released today.
The organization has noted a declining trend in the number of online job ads that may not reflect the broader trend in the US labor market. “Based on...
Kforce third-quarter revenue edges up; flex revenue up 1.7%
November 1, 2017Kforce Inc. (NASD: KFRC) reported third-quarter revenue rose 1.4%, within the firm’s guidance. Flex revenue rose 1.7% in the third quarter at the Tampa, Fla.-based professional staffing provider, but direct-hire revenue fell 6.4%.
(US$ thousands) | Q3 2017 | Q3 2016 | % change |
Revenue ... |