Daily News

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

Cross Country buying locum tenens firm

July 23, 2008

Cross Country Healthcare Inc. (NASD: CCRN) struck a deal to acquire Medical Doctor Associates for $112.3 million in cash plus earn-out payments in 2008 and 2009. MDA, based in Norcross GA, primarily provides locum tenens staffing but does some allied health staffing as well. It had 2007 revenue o...


Fewer affected by mass layoffs in June

July 23, 2008

More mass layoff actions took place in June than in May, but fewer workers were affected, according to seasonally adjusted numbers released today by the U.S. Bureau of Labor Statistics. There were 1,643 mass layoff actions in June, up 17 from the previous month. However, the number of initial une...


Nasdaq to delist ClearPoint

July 23, 2008

ClearPoint Business Resources Inc. (NASD: CPBR) said Tuesday that Nasdaq officials decided to delist the company's stock. The delisting will take place July 25, although the company can request an appeal of the decision. In May, Nasdaq sent ClearPoint a letter saying the company wasn't in complia...


Research from Staffing Industry Analysts

July 23, 2008

Here is the latest research from Staffing Industry Analysts. INSIGHT - Survey of staffing firms - top temp/contractor recruiting methods Referrals are considered the most important recruiting method, according to a January 2008 survey of staffing firms. Candidate databases, lists of former temps,...


IT worker confidence slips

July 23, 2008

Confidence among U.S. information technology workers slipped in the second quarter, according to the IT employee confidence index released by Technisource, a division of Spherion Corp. (NYSE: SFN). The gauge fell 1.5 points to a reading of 45.9, the lowest level since it began in 2005. The index'...


CTG revenue rises 17.4%

July 23, 2008

Second-quarter revenue rose 17.4% at Computer Task Group Inc. (NASD: CTGX). The Buffalo NY-based information technology staffing and solutions company posted second-quarter revenue of $94.1 million, compared with $80.1 million in the same period last year. CTG's second-quarter staffing revenue ro...


Research from Staffing Industry Analysts

July 22, 2008

Here is a list of new research reports from Staffing Industry Analysts. BRIEFING - Analysis of Manpower 2Q08 earnings release Manpower (NYSE: MAN) reported second quarter 2008 global revenue of $5.9 billion, up 5.4% on a year-over-year, constant-currency basis. However, at least part of the impro...


Certifications

July 22, 2008

Locum Medical Group announced this month that it was certified by the Joint Commission on Accreditation of Healthcare Organizations. Locum Medical Group provides locum tenens and permanent physician placement. It is part of Vedior North America. AMN Healthcare Services Inc. (NYSE: AHS) announced...


Firms pull back on August hiring plans

July 22, 2008

Hiring expectations for August are down in both the manufacturing and service sectors compared with the same period last year, according to the leading indicators of national employment (LINE) report from the Society for Human Resource Management and Rutgers University. The report's survey found...


Kelly revenue up 2.6% on currency boost

July 22, 2008

Second-quarter revenue rose 2.6% at Kelly Services Inc. (NASD: KELYA) to $1.45 billion, but fell 1.3% on a constant currency basis. Kelly's U.S. revenue slipped 3.2% to $839.1 million. "Our second-quarter performance reflects the deterioration in economic conditions and the further weakening of t...